The EDGAR system (Electronic Data Gathering, Analysis, and Retrieval) is an online database maintained by the U.S. Securities and Exchange Commission (SEC). It provides free public access to corporate information, including financial reports and other disclosures.
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EDGAR is used by companies to file required documents such as 10-Ks, 10-Qs, and proxy statements.
The system enhances transparency and helps investors make informed decisions.
Companies must submit forms electronically through EDGAR to comply with SEC regulations.
EDGAR contains data on both U.S. domestic companies and foreign companies that trade in U.S. markets.
The system is a critical tool for analysts, regulators, journalists, and the general public to access detailed corporate information.
Review Questions
What types of documents are filed in the EDGAR system?
How does the EDGAR system contribute to market transparency?
Who benefits from the information available on EDGAR?
Related terms
SEC: The U.S. Securities and Exchange Commission regulates securities markets to protect investors and maintain fair market practices
10-K Form: An annual report filed by public companies providing a comprehensive summary of financial performance
Proxy Statement: A document that a company sends to shareholders containing information required for them to make informed decisions about matters that will be discussed at an annual or special stockholder meeting