Electronic Data Gathering, Analysis, and Retrieval
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EDGAR, the Electronic Data Gathering, Analysis, and Retrieval is an internal database system that performs automated collection, validation, indexing, accepted forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). The database contains a wealth of information about the commission and the securities industry which is freely available to the public via the Internet.[1]
In September 2017, SEC Chairman Jay Clayton revealed the database had been hacked and that companies' data may have been used by criminals for insider trading.[2]
Filings
Not all
The vast majority of documents are now filed electronically, with over 3,000 filings per day.
As of November 4, 2002, the SEC required all foreign companies and foreign governments to file their documents via EDGAR. Prior to that time, electronic filing by foreign companies also was voluntary.
Actual annual reports to shareholders (except in the case of mutual fund companies) need not be submitted on EDGAR, although some companies do so voluntarily. However, the annual report on Form 10-K is required to be filed on EDGAR. As of March 31, 2018, there are over 12 million filings filed to SEC EDGAR.[5]
See also
- Securities and Exchange Commission
- Central Index Key
- municipal securitiesmarket
- Form N-1A
- List of company registers
Other countries' equivalents to EDGAR
- Federal Public Service Economy (Belgium)
- SEDAR, Canada
- Central Business Register (Denmark)
- Companies Registration Office (Ireland)
- Kamer van Koophandel, Netherlands
- Brønnøysund Register Centre, Norway
- Comisión Nacional del Mercado de Valores, Spain
- Companies House, United Kingdom
- Securities and Exchange Board of India, India
- FinancialReports, Europe
References
- ^ "SEC.gov - What We Do". www.sec.gov.
- ^ Burns, Janet. "SEC Reveals Its EDGAR Database Was Hacked, Maybe Used For Illegal Trades". Forbes. Retrieved 2017-09-21.
- ^ Important Information About EDGAR. Retrieved January 10, 2017.
- ^ "All SEC Filings Filed to EDGAR". secdatabase.com. Retrieved Apr 23, 2018.