Last month, the SEC released interactive data tags in XBRL for all generally accepted accounting principles.

The agency appointed David Blaszkowsky -- an 11-year veteran of McGraw-Hill whose career includes seven years with the firm's Standard & Poor's division -- to lead the unit.

Blaszkowsky will coordinate the agency-wide disclosure modernization program, and will work with investor groups, analysts, journalists, and preparers of financial statements as well as other key public and private sector stakeholders in the United States and around the world to advance the use of interactive data in financial reporting.