What are the advantages that I achieve with EDGAR?
There are two key advantages of EDGAR: • Efficiency and fairness by accelerating processing of time-sensitive capital markets information for the benefit of investors, filers and the economy. • Increased visibility because when you file on EDGAR, your documents are automatically available via the Internet to institutional and individual investors throughout the US and around the world. The SEC also suggests several other benefits including: • Foreign issuers will avoid the uncertainties and delays that can occur with the manual delivery of paper filings. • The elimination of needing to submit multiple copies. • The longer filing hours available to EDGAR filers enable filers to submit securities documents to the SEC between 6 a.m. and 10:00 p.m. (Eastern Time zone). • Electronic access to all relevant reports facilitates timely completion of the review process for a foreign registrant. In 1993 the SEC started the official EDGAR system using ASCII. The SEC made a transition to “modernize
