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Corporate Data Providers Opposed to H.R. 4164

We expressed our opposition to the proposed legislation in the recent article by PR Newswire “Corporate Data Providers Opposed to H.R. 4164, Legislation Reducing Transparency for Small Companies”

We believe that reporting basic financial statements in electronic format represented by XBRL plays a key role in the ability of small companies to become more attractive for analysts covering their industry sector and for investors looking for such analysis reports.

Read more: http://www.digitaljournal.com/pr/1787839

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