DRAFT EDGAR XFDL Technical Specification (Version 2)
This DRAFT EDGAR XFDL Technical Specification (Version 2), posted before Commission approval of potential regulatory changes in this release, is provided as a service to our filing community to assist filers, agents, and software developers prepare for potential changes the staff anticipates. Since this is a draft specification, the SEC retains the right to change any part of the specification before the new system release is made final. In addition, the final EDGAR XFDL Technical Specification is subject to Commission approval and may be revised before approval or not approved at all. Similarly, the posting of the DRAFT EDGAR XFDL Technical Specification (Version 2) does not indicate Commission approval of any pending proposed changes relating to the potential changes reflected in the draft specification. The changes outlined in this draft specification, if approved, are scheduled to take effect on November 7, 2005. The final version of the specification will be made available as and if approved by the Commission on or about November 7, 2005, on the SEC's Public Website.
The DRAFT EDGAR XFDL Technical Specification (Version 2) provides, to those filers that are interested, a basis for creating XFDL filings without the use of the EDGARLink tool. Changes to the DRAFT EDGAR XFDL Technical Specification (Version 2) are being made primarily to support the amended rules and forms adopted by the Commission to address 1) the use of Form S-8, Form 8-K, and Form 20-F by shell companies; and 2) the changes necessary to support the Securities Offering Reform, which will modify and advance significantly the registration, communications, and offering processes under the Securities Act of 1933.
A summary of the changes are as follows (please refer to the appendices that appear in the XFDL specification for details):
There are two components to the draft specification. The first is the specification itself, which contains details about the release, general instructions on the templates, general rules about the XFDL file being created, and specific rules on the XFDL nodes containing data elements. It also includes information regarding the content of the appendices and some sample documents. The appendices document gives specific requirements for each form type. You may download the DRAFT EDGAR XFDL Technical Specification (Version 2) by clicking the following links. To assist filers in the identification of the draft changes, redlined versions have been provided.