December 11, 2017

What Is The Edgar SEC Database?

The Edgar SEC database is the abbreviated name for the Electronic Data Gathering, Analysis and Retrieval system database and it is something which is free for the public to search on the internet. It is a system which automatically files various pieces of information that is linked to what members of the public submit to the United States Securities and Exchange Commission which forms the sec section of the name.


Edgar Sec

It validates, indexes and collates the forms which companies and other people have to fill in by law for the SEC. The sheer size of the database which can be searched by anyone can be shown by the fact that it handles over three thousand additions each and every day from companies all over the country.

The reason why the database was created is that it allows other companies and potential investors to really look into the companies that they are either already dealing with or hoping to do business with. It should be added though that not every form from every company is actually on the database however the majority from 1996 are included.

Most people are now able to submit forms electronically which does help in increasing what is on the database. However it is not just US companies that can and do submit information on it as you are also going to find forms from companies abroad but who deal with the US with their business.

So when it comes to the reasons why it is used it can be summarized as being like a one stop shop for people to get some extra information about various companies in the country. It can include financial information which of course is very useful if you are looking at investing in someone no matter what scale that may be there is even an in depth guide for investors to teach them how to get the most out of this database.

If you are going to use it then there are two websites that can really help you depending on what you are wanting to do. If you would like to submit information to it then there is a website set up especially to help you with this whereas if you would like to search it then there is an alternative website with both able to be found on the official SEC website.

For the normal person searching the website you can obtain a lot of information by just searching for a company by its name. This only takes a minute and you are then left with various pieces of information about them such as obviously their location as well as all of their filings over the last four years. It can even tell you about their insurance products which again can be very useful for certain people or companies.

However you can also have customised searches carried out should you be looking for certain pieces of information. With this kind of thing you are best to contact the SEC by yourself and talk to them about what you are looking for and they can guide you through the entire process.

Find more information,visit http://www.sec.gov/edgar.shtml


Ads

Speak Your Mind

*


*