Press Release: Commission Announces Additional Speaker and Panelists for March 19 Roundtable: Creating Interactive Data to Serve Investors
summary
No fraud or enforcement action is described; the document is a SEC press release announcing a roundtable on voluntary adoption of XBRL for improved financial disclosure, featuring executives from GE, Ford, Pfizer, and KPMG.
paragraph
The SEC issued a press release announcing a March 19, 2007 roundtable on the use of interactive data (XBRL) to enhance investor disclosure. Panelists included senior executives and auditors from major corporations such as General Electric, Ford Motor Credit, Pfizer, and KPMG, discussing the benefits and cost savings of adopting XBRL for financial reporting. No allegations of fraud, financial penalties, or enforcement actions were mentioned—only a focus on voluntary compliance and transparency.
narrative
The Securities and Exchange Commission issued a press release on March 15, 2007, announcing a public roundtable on March 19 to explore the use of interactive data in financial disclosures via XBRL. The event featured panelists from leading corporations including General Electric, Ford Motor Credit, Pfizer, Dow Chemical, Comcast, and Altria, alongside auditors from KPMG and XBRL US, Inc. Speakers such as John J. Brennan of Vanguard and John W. White of the SEC’s Division of Corporation Finance discussed how XBRL could improve accessibility and comparability of financial data for investors. The roundtable was explicitly framed as an informational forum to promote voluntary adoption of the technology, not as an enforcement proceeding. No allegations of fraud, misconduct, or financial penalties were raised in the document. Materials and webcasts were made publicly accessible, and the SEC invited public feedback to be included in the official record. The entire initiative was part of a broader effort to modernize financial reporting and increase transparency without any legal or regulatory action against individuals or firms.
Classified non-corporate(confidence 100%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Parties
andrea stegalldirector of external reporting, the dow chemical companydirector of special projects, pfizer inc.elmer h. huhfinancial manager, external reporting, 3m companyharold i. zeidmanit team leader, general electric companyjames cinquegranajohn j. brennanjohn w. whitelawrence j. salvanancy m. morrisnicholas m. rollipartner, department of professional practice - audit and risk, kpmg llppatsy j. ramseyrob blakesecretary, securities and exchange commissionSecurities and Exchange Commissionthomas d. jacobvice chairman and chief financial officer, ford motor credit companyvice president - corporate governance compliance, south financial group, inc.vice president, domain and taxonomies, xbrl us, inc.
Keywords
interactive dataroundtableinteractivedatacommissionvice presidentsecsubmissionspanelistsinvestorscommission announcesannounces additionaladditional speakerspeaker panelistspanelists march
Extracted insights
Entities 22
- person andrea stegall
- company director of external reporting, the dow chemical company
- company director of special projects, pfizer inc.
- person elmer h. huh
- company financial manager, external reporting, 3m company
- person harold i. zeidman
- company it team leader, general electric company
- person james cinquegrana
- person john j. brennan
- person john w. white
- person lawrence j. salva
- person nancy m. morris
- person nicholas m. rolli
- company partner, department of professional practice - audit and risk, kpmg llp
- person patsy j. ramsey
- person rob blake
- agency secretary, securities and exchange commission
- agency Securities and Exchange Commission
- person thomas d. jacob
- company vice chairman and chief financial officer, ford motor credit company
- company vice president - corporate governance compliance, south financial group, inc.
- company vice president, domain and taxonomies, xbrl us, inc.
Triples 16
- Securities and Exchange Commission announced panelists
- Richard A. Bennett will discuss the role that interactive data will play in supporting good governance at public companies
- John J. Brennan is expected to discuss how interactive data will allow investors to easily gather and compare mutual fund risk and return information
- John W. White will discuss the use of interactive data to create better disclosure documents
- Rob Blake is Vice President, Domain and Taxonomies, XBRL US, Inc.
- James Cinquegrana is IT Team Leader, General Electric Company
- Elmer H. Huh is Senior Vice President, Enterprise Valuation Group, Fixed Income Department, Lehman Brothers Inc.
- Thomas D. Jacob is Financial Manager, External Reporting, 3M Company
- K. R. Kent is Vice Chairman and Chief Financial Officer, Ford Motor Credit Company
- Clare O'Leary is Director of Special Projects, Pfizer Inc.
- Patsy J. Ramsey is Director of External Reporting, The Dow Chemical Company
- Nicholas M. Rolli is Vice President, Investor Relations and Financial Communications, Altria Corporate Services, Inc.
- Lawrence J. Salva is Senior Vice President, Chief Accounting Officer and Controller, Comcast Corporation
- Andrea Stegall is Vice President - Corporate Governance Compliance, South Financial Group, Inc.
- Harold I. Zeidman is Partner, Department of Professional Practice - Audit and Risk, KPMG LLP
- Nancy M. Morris is Secretary, Securities and Exchange Commission
Extracted body text (4,471c)
Commission Announces Additional Speaker and Panelists for March 19 Roundtable: Creating Interactive Data to Serve Investors The Corporate Library CEO Richard Bennett to Address Event FOR IMMEDIATE RELEASE 2007-44 Washington, D.C., March 15, 2007 - The Securities and Exchange Commission announced today panelists participating in the March 19 SEC roundtable on the use of interactive data by public companies and mutual funds to improve disclosure for individual investors. The Commission also announced that, following the panel discussion, Richard A. Bennett, CEO of The Corporate Library, will discuss the role that interactive data will play in supporting good governance at public companies. The roundtable will begin at 10:00 a.m. with brief remarks by Chairman Cox, followed by an opening address by John J. Brennan, Chairman and CEO of the Vanguard Group. Mr. Brennan is expected to discuss how interactive data will allow investors to easily gather and compare mutual fund risk and return information that might otherwise be buried within disclosure documents. Following Mr. Brennan's remarks, John W. White, Director of the Commission's Division of Corporation Finance, will discuss the use of interactive data to create better disclosure documents. The roundtable will also feature a panel discussion on the benefits, including potential cost savings, of preparing financial reports using interactive data written in a computer language called XBRL. Panelists will include executives at public companies currently providing investors with interactive data on a test basis as part of the SEC's voluntary filing program. The panel will be moderated by Chicago Sun-Times personal finance columnist Terry Savage and feature the following panelists: Rob Blake, Vice President, Domain and Taxonomies, XBRL US, Inc. James Cinquegrana, IT Team Leader, General Electric Company Elmer H. Huh, Senior Vice President, Enterprise Valuation Group, Fixed Income Department, Lehman Brothers Inc. Thomas D. Jacob, Financial Manager, External Reporting, 3M Company K. R. Kent, Vice Chairman and Chief Financial Officer, Ford Motor Credit Company Clare O'Leary, Director of Special Projects, Pfizer Inc. Patsy J. Ramsey, Director of External Reporting, The Dow Chemical Company Nicholas M. Rolli, Vice President, Investor Relations and Financial Communications, Altria Corporate Services, Inc. Lawrence J. Salva, Senior Vice President, Chief Accounting Officer and Controller, Comcast Corporation Andrea Stegall, Vice President - Corporate Governance Compliance, South Financial Group, Inc. Harold I. Zeidman, Partner, Department of Professional Practice - Audit and Risk, KPMG LLP The roundtable will be held in the Auditorium at the Commission's headquarters at 100 F Street, N.E., Washington, D.C., from 10:00 a.m. to noon. The roundtable will be open to the public with seating on a first-come, first-served basis. Doors will open at 9:30 a.m. Visitors will be subject to security checks. Materials related to the roundtable, including the day's agenda, are accessible at http://www.sec.gov/spotlight/xbrl.htm. Real time and archived audio and video webcasts will be accessible at http://www.sec.gov. The Commission welcomes feedback on any aspect of the use of interactive data. The information that is submitted will become part of the public record of the roundtable. Submissions to the Commission may be provided by any of the following methods: Electronic submissions: Use the Commission's Internet submission form at www.sec.gov/news/press.shtml; or Send an e-mail to [email protected]. Please include File Number 4-515 on the subject line. Paper submissions: Send paper submissions in triplicate to Nancy M. Morris, Secretary, Securities and Exchange Commission, 100 F Street, N.E., Washington, D.C. 20549-1090. All submissions should refer to File Number 4-515. This file number should be included on the subject line if e-mail is used. To help process and review your submissions more efficiently, please use only one method. The Commission will post all submissions on the Commission's Internet Web site at http://www.sec.gov/news/press/4-515.shtml. Please note that all submissions received will be posted without change; the SEC does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. http://www.sec.gov/news/press/2007/2007-44.htm Home | Previous Page Modified: 03/15/2007
OCR text (4,471c · plain-text · 99% conf)
Commission Announces Additional Speaker and Panelists for March 19 Roundtable: Creating Interactive Data to Serve Investors The Corporate Library CEO Richard Bennett to Address Event FOR IMMEDIATE RELEASE 2007-44 Washington, D.C., March 15, 2007 - The Securities and Exchange Commission announced today panelists participating in the March 19 SEC roundtable on the use of interactive data by public companies and mutual funds to improve disclosure for individual investors. The Commission also announced that, following the panel discussion, Richard A. Bennett, CEO of The Corporate Library, will discuss the role that interactive data will play in supporting good governance at public companies. The roundtable will begin at 10:00 a.m. with brief remarks by Chairman Cox, followed by an opening address by John J. Brennan, Chairman and CEO of the Vanguard Group. Mr. Brennan is expected to discuss how interactive data will allow investors to easily gather and compare mutual fund risk and return information that might otherwise be buried within disclosure documents. Following Mr. Brennan's remarks, John W. White, Director of the Commission's Division of Corporation Finance, will discuss the use of interactive data to create better disclosure documents. The roundtable will also feature a panel discussion on the benefits, including potential cost savings, of preparing financial reports using interactive data written in a computer language called XBRL. Panelists will include executives at public companies currently providing investors with interactive data on a test basis as part of the SEC's voluntary filing program. The panel will be moderated by Chicago Sun-Times personal finance columnist Terry Savage and feature the following panelists: Rob Blake, Vice President, Domain and Taxonomies, XBRL US, Inc. James Cinquegrana, IT Team Leader, General Electric Company Elmer H. Huh, Senior Vice President, Enterprise Valuation Group, Fixed Income Department, Lehman Brothers Inc. Thomas D. Jacob, Financial Manager, External Reporting, 3M Company K. R. Kent, Vice Chairman and Chief Financial Officer, Ford Motor Credit Company Clare O'Leary, Director of Special Projects, Pfizer Inc. Patsy J. Ramsey, Director of External Reporting, The Dow Chemical Company Nicholas M. Rolli, Vice President, Investor Relations and Financial Communications, Altria Corporate Services, Inc. Lawrence J. Salva, Senior Vice President, Chief Accounting Officer and Controller, Comcast Corporation Andrea Stegall, Vice President - Corporate Governance Compliance, South Financial Group, Inc. Harold I. Zeidman, Partner, Department of Professional Practice - Audit and Risk, KPMG LLP The roundtable will be held in the Auditorium at the Commission's headquarters at 100 F Street, N.E., Washington, D.C., from 10:00 a.m. to noon. The roundtable will be open to the public with seating on a first-come, first-served basis. Doors will open at 9:30 a.m. Visitors will be subject to security checks. Materials related to the roundtable, including the day's agenda, are accessible at http://www.sec.gov/spotlight/xbrl.htm. Real time and archived audio and video webcasts will be accessible at http://www.sec.gov. The Commission welcomes feedback on any aspect of the use of interactive data. The information that is submitted will become part of the public record of the roundtable. Submissions to the Commission may be provided by any of the following methods: Electronic submissions: Use the Commission's Internet submission form at www.sec.gov/news/press.shtml; or Send an e-mail to [email protected]. Please include File Number 4-515 on the subject line. Paper submissions: Send paper submissions in triplicate to Nancy M. Morris, Secretary, Securities and Exchange Commission, 100 F Street, N.E., Washington, D.C. 20549-1090. All submissions should refer to File Number 4-515. This file number should be included on the subject line if e-mail is used. To help process and review your submissions more efficiently, please use only one method. The Commission will post all submissions on the Commission's Internet Web site at http://www.sec.gov/news/press/4-515.shtml. Please note that all submissions received will be posted without change; the SEC does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. http://www.sec.gov/news/press/2007/2007-44.htm Home | Previous Page Modified: 03/15/2007