Comments on: SEC – “Financial Disclosure Meets The Matrix”. IDEA Unveiled By Chairman Cox http://blog.agoracom.com/2008/08/19/sec-financial-disclosure-meets-the-matrix-idea-unveiled-by-chairman-cox/ The Good Side of The Small-Cap, Micro-Cap Stock Market Thu, 19 Nov 2009 17:14:58 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Agoracom: Small Cap Investment http://blog.agoracom.com/2008/08/19/sec-financial-disclosure-meets-the-matrix-idea-unveiled-by-chairman-cox/comment-page-1/#comment-5307 Agoracom: Small Cap Investment Mon, 08 Dec 2008 21:41:00 +0000 http://blog.agoracom.com/?p=365#comment-5307 [...] Say goodbye to EDGAR and Forms. SEC Chairman, Christopher Cox, held an online conference introducing the financial disclosure system of the 21st century. It’s web-based and web-driven…but we’re not going to say we told you so! read more… [...] [...] Say goodbye to EDGAR and Forms. SEC Chairman, Christopher Cox, held an online conference introducing the financial disclosure system of the 21st century. It’s web-based and web-driven…but we’re not going to say we told you so! read more… [...]

]]> By: AGORACOM http://blog.agoracom.com/2008/08/19/sec-financial-disclosure-meets-the-matrix-idea-unveiled-by-chairman-cox/comment-page-1/#comment-4669 AGORACOM Tue, 19 Aug 2008 21:20:47 +0000 http://blog.agoracom.com/?p=365#comment-4669 Derek, glad to have been of help! David, thanks for stopping by. The presentation focused 95% of its efforts on the extraction of data, not much time on the import of data. As such, I can't be certain but I assume from the following statements that we will be filing ourselves - and it should be easy once you've set it up the first time: 1] IDEA is good for small companies because it will make filing cheaper and easier. 2] There will no longer be an intermediary provider such as EDGAR that will handle and re-format filings. Don't bet on it yet - but this is how I read it at this early stage. Once I know more, I'll make sure to post an update. Regards, George Derek, glad to have been of help!

David, thanks for stopping by. The presentation focused 95% of its efforts on the extraction of data, not much time on the import of data. As such, I can’t be certain but I assume from the following statements that we will be filing ourselves – and it should be easy once you’ve set it up the first time:

1] IDEA is good for small companies because it will make filing cheaper and easier.
2] There will no longer be an intermediary provider such as EDGAR that will handle and re-format filings.

Don’t bet on it yet – but this is how I read it at this early stage. Once I know more, I’ll make sure to post an update.

Regards,
George

]]> By: David Feldman http://blog.agoracom.com/2008/08/19/sec-financial-disclosure-meets-the-matrix-idea-unveiled-by-chairman-cox/comment-page-1/#comment-4668 David Feldman Tue, 19 Aug 2008 19:15:02 +0000 http://blog.agoracom.com/?p=365#comment-4668 But the big question--- will we now really be able to do these filings ourselves or will we still need services to "IDEA-ize" documents for filing? But the big question— will we now really be able to do these filings ourselves or will we still need services to “IDEA-ize” documents for filing?

]]> By: Agoracom: Small Cap Investment http://blog.agoracom.com/2008/08/19/sec-financial-disclosure-meets-the-matrix-idea-unveiled-by-chairman-cox/comment-page-1/#comment-4666 Agoracom: Small Cap Investment Tue, 19 Aug 2008 17:08:34 +0000 http://blog.agoracom.com/?p=365#comment-4666 [...] so you’ve now seen the SEC is about to change the world of filing and disclosure towards pure web-based systems. On the filings side, IDEA is the system that will be [...] [...] so you’ve now seen the SEC is about to change the world of filing and disclosure towards pure web-based systems. On the filings side, IDEA is the system that will be [...]

]]> By: derek http://blog.agoracom.com/2008/08/19/sec-financial-disclosure-meets-the-matrix-idea-unveiled-by-chairman-cox/comment-page-1/#comment-4665 derek Tue, 19 Aug 2008 17:02:46 +0000 http://blog.agoracom.com/?p=365#comment-4665 quick on the button there, George. Thanks, the list will help to print out and scare auditors quick on the button there, George. Thanks, the list will help to print out and scare auditors

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