Securities and Exchange Commission Chairman Christopher Cox recently met with representatives of the accounting and financial reporting software industry to express support for integrating interactive data capabilities into existing accounting and financial reporting software.
"Individual investors are looking for better tools to help them choose mutual funds and individual stocks," said Cox, in a statement. "Interactive data can help make those new tools available. To make it easier for companies to use interactive data in their financial reports, we're working with the industry to see whether existing accounting software can incorporate the interactive data functionality."
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