• Apr
  • 18
  • 2008
  • 3:33 PM

SEC Chairman Christopher Cox Joins SEC's First-Ever Blogger Call

By: Ray Pellecchia
File Under: Miscellaneous

Apologies for multiple XBRL-related posts in one day, but your no-longer-quite-so-humble blogger was honored to be invited on the SEC's conference call this afternoon with a dozen bloggers about interactive data reporting, ahead of Monday's expected action by the Commission on this more-accessible type of financial disclosure.

Am jammed at the moment and will write more about this later, but for the moment just wanted to tell you that Chairman Christopher Cox joined the end of the call. He talked about how the reporting language would make it easier for investors to sift, compare and analyze data from companies, and that it will also make easier the exchange of financial information globally in addition to domestically. He said, "It's going to be so breathtakingly different from what people even in recent years have been used to, that it's sometimes hard to get people to focus on the big change that's in store."

If no one else has blogged about this yet, then I have one word to add:

Scoop!

Cox used to be the first SEC chairman to write into a blog (Jonathan Schwartz's); he's now also the first to participate in a teleconference with bloggers, which also was the first the SEC has ever conducted.

Glad they had the call; I learned a lot; will share more later. Smart move on their part, too, to have the chairman join the call. He's walking the talk. Or, for a call, is it talking the talk? Anyway, he's obviously committed to this worthy initiative.

Comments

Would you please refer me to a site or email address for former SEC Chairman Chris Cox?

He recently made a comment that included a reference to the Tennessee Valley Authority. It's a subject I have written extensively about.

Ernest Norsworthy
Visalia, California

by Ernest Norsworthy on June 2, 2009 3:25 PM

Ernest -- Sorry, can't help you on that one.

by Ray Pellecchia on June 2, 2009 3:38 PM

Thanks, anyway. TVA is in deep trouble but still has a head-in-sand attitude about it.

by Ernest Norsworthy on June 3, 2009 6:56 PM

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