SEC Spares Filers Inline XBRL Tedium on Niche Forms
Published Date: 9/15/2026
Notice
Summary
No summary available.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 2 costs, 0 mixed.
SEC exempts several forms from Inline XBRL
On September 11, 2026 the SEC ordered that several filings do not have to be submitted in Inline XBRL. The exempted items are Form CA-1 (except Exhibit H), Form 1 (except Exhibit I), Form X-17A-5 Part III, Form 17-H, and the security‑based swap entity (SBS Entity) annual chief compliance officer (CCO) report.
Certain exhibits still require Inline XBRL
The order does not exempt Exhibit H to Form CA-1 or Exhibit I to Form 1 from Inline XBRL. Exhibit H (balance sheet and income statement with notes) and Exhibit I (audited financial statements) must still be filed in Inline XBRL.
Electronic EDGAR filing still required
The Order does not exempt these forms from the requirement to file electronically on EDGAR. Firms covered by this order must continue to submit the forms and reports electronically through EDGAR.
SEC says costs may be avoided for investors
The SEC found that continuing Inline XBRL for these forms could create potentially significant costs for firms that might be passed on to investors through higher fees. The Commission also said reducing these compliance costs could let affected firms reallocate resources to operations and compliance, which the SEC says would provide a benefit to investors and the market.
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