Secret to a user-friendly EDGAR database!
Anyone can access and download the submitted data;
however, have you ever visited the SEC.gov page on how to access EDGAR? If
there was anything that would dissuade you from searching for financial data,
then that's probably the thing that did it.
SEC.report is designed to be an easier-to-use version
of the SEC.gov 'EDGAR' system. It allows searching for information to be
intuitive, resulting in saved time and frustration. Just enter the Central
Index Key (CIK) code, company name, or ticker symbol to be presented with a
range of options based on the search term. From there, it's a click to be taken
to the company details and information on the documents filed. Even at this
point, SEC.report makes life easy because there at the bottom of the page are
SEC filings related to the user's search.
Screenshot of SEC.REPORT |
RSS feeds are also provided, resulting in a quick and
easy way of staying current on all the most recent postings to the SEC. No
longer does the user need to continually check websites for new content, with
SEC.report, the information comes to the user within one centralized location.
The designers of SEC.report also recognized that users
might be interested in just one type of document, so there are separate feeds
for different types of submissions. Perhaps the Form D, a registration required
when a company is raising money in the form of shares offered. Or it may be the
Form S-1, used by companies planning on going public. With investors using the
information contained within the S-1 to make educated investment decisions,
quick and easy access to this data is essential. Just one click is needed to
select submissions of the 10-Q (Quarterly Reports), a mandatory submission that
provides a comprehensive report of a company's performance each quarter. For
investors, it's an essential document to make on-going assessments of a
company's financial position. And finally, there's the option to view all
submissions of the 10-K (Annual Reports). Providing much more detail than can
be found in a company's annual report, the10-K delivers financial performance
data essential to making accurate predictions and investment decisions.
There is a growing utilization of mobile technology for
tasks that would previously confine users to the office and a PC. So Sec.report
has not only considered the process of searching for data within their service
but also how that data is accessed. This has resulted in a mobile-friendly
interface being provided to reduce the issues that many users experienced when
using the government website.
About SEC
The Securities and Exchange Commission (SEC) was established in 1934 by Congress. It was the very first regulator of the securities market and aimed to provide full public disclosure. As a result, the SEC protects investors and also monitors corporate takeover actions in the US. All of the data submitted to the SEC, which includes annual reports and quarterly statements, is held within the EDGAR database (Electronic Data Gathering, Analysis, and Retrieval).
Featured Photo Credit: Charles Dyer
Featured Photo Credit: Charles Dyer