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Thought your XBRL files were just collecting dust at the SEC? Think again!

XBRL is quietly but quickly becoming a key source of information relied on by the SEC.

XBRL is quietly but quickly becoming a key source of information relied on by the SEC, and it is spawning many innovative products for use by financial analysts and individual investors. As the major data providers incorporate the disclosures into their feeds, XBRL—now often called structured data—will soon be a standard part of the aggregation process.

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