A giant robot peering into the new Civil Justice Centre in Manchester.
Since 1934, the SEC has required disclosure in forms and documents.
In 1984, EDGAR began collecting electronic documents to help investors get information.
The SEC’s new system, IDEA, requires data disclosure – the next step to improve how investors find and use information.
You can search information collected by the SEC several ways:
- Interactive Data – coming soon for large company financial statements for periods ending after Dec. 15, 2008
- Company or fund name, ticker symbol, CIK (Central Index Key), file number, state, country, or SIC (Standard Industrial Classification)
- Most recent filings
- Full text (past four years)
- Boolean and advanced searching, including addresses
- Key mutual fund disclosures
- Mutual fund voting records
- Mutual fund name, ticker, or SEC key (since Feb. 2006)
- Variable insurance products (since Feb. 2006)
Custom searches:
John White, Director of the SEC’s Division of Corporation Finance, said, “The adoption of the interactive data requirement represents the product of more than three years of research, analysis and testing through our voluntary filing program — as well as the work of many people throughout the Commission. Interactive data is ready now for companies to provide, and for investors to use in their decision making.”
SEC Chief Accountant Conrad Hewitt said, “Accounting is the business language of the world. Interactive data has the potential to greatly enhance that language, making it easier, more informative and more readily available. Traditional financial statements that we have today will become more transparent and understandable as interactive searchable documents.”
David M. Blaszkowsky, Director of the SEC’s Office of Interactive Disclosure, added, “The availability of financial reports in the form of interactive data will transform how investors evaluate companies and securities and, more broadly, transform the relationship between the filer and the investor. Markets depend on and improve with better information, and even more so in difficult times. This action by the Commission is timely and welcome for investors in the U.S. and all over the world.”
“Interactive data will help provide investors with the information they need, rather than just a warehouse of forms on which they can try to find it,” said SEC Chairman Christopher Cox. “Interactive data will enable new analysis tools to put key information at every investor’s fingertips within seconds, exactly as the investor wishes to see it.”
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