SEC proposes the use of Python and XML

[Ted Larson Freeman]

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.htm
http://kelloggfinance.wordpress.com/2010/04/08/the-sec-gets-one-right

Ted