SEC proposes the use of Python and XML

[Patrick Maupin]

On Apr 10, 11:13 pm, Ted Larson Freeman <free... at alumni.stanford.org>
wrote:
> This week the SEC proposed new requirements for asset-backed
> securities that include the use of XML and Python:
>
> "The asset-level information would be provided according to proposed
> standards and in a tagged data format using eXtensible Markup Language
> (XML). In addition, we are proposing to require, along with the
> prospectus filing, the filing of a computer program of the contractual
> cash flow provisions expressed as downloadable source code in Python,
> a commonly used open source interpretive programming language."
>
> See:http://www.sec.gov/news/press/2010/2010-54.htmhttp://kelloggfinance.wordpress.com/2010/04/08/the-sec-gets-one-right
>
> Ted

Now all we need is for the IRS to follow suit...