Broadridge Financial Solutions, Inc. (NYSE: BR) has announced that it has contributed the first open-source format for interactive proxy statements to XBRL US, Inc. The architecture explicitly supports the reporting requirements of the US Securities and Exchange Commission (SEC) proxy statement form (DEF14A). The proxy statement taxonomies are intended to capture a broad range of basic facts contained in a proxy statement filing. In addition to the SEC form’s disclosure requirements, a range of common industry practice concepts are also supported. Broadridge has previously stated its intent to place the proxy statement taxonomies in the public domain to facilitate further development and to obtain industry and regulatory acceptance. Having contracted with the SEC to develop interactive data taxonomies and related materials, XBRL US, Inc. is the entity that could best accomplish this task.
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