SEC Ruling Creates New Job Opportunities
While many Wall Street firms are laying off employees%2C the SEC is providing some unexpected new opportunities.
November 16, 2012
Amid a brutal job landscape at Wall Street firms, the SEC is providing some unexpected relief, at least for some financial professionals well versed in technology. The job site eFinancialCareers notes that ever since the SEC instituted its 2008 ruling requiring all public company filings to be submitted in XBRL format, finance professionals with XBRL knowledge have been in hot demand. Knowledge of data-tagging language is providing an edge in today’s job market, according to Camille Kearns Rudy, director of the SEC Professionals Group. If you work for a company that already does its own XBRL filings, you may find job security if you volunteer to help the XBRL team with researching new tags or reviewing existing tags, eFinancialCareers notes. “Financial professionals who have XBRL experience have a competitive advantage when seeking jobs at public companies”, Rudy told th... Read full story on Wall Street & Technology
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