What is the purpose of the SEC's EDGAR database?

The SEC's EDGAR (Electronic Data Gathering, Analysis, and Retrieval) database serves the important function of providing public access to company filings. This includes a variety of financial reports and documents submitted by publicly traded companies to the Securities and Exchange Commission (SEC). The database allows investors, analysts, and the general public to view vital information regarding a company's financial performance, which can include annual reports (10-K), quarterly reports (10-Q), and other disclosures.

Access to these documents is crucial for transparency in the financial markets, as it enables stakeholders to make informed decisions based on up-to-date and comprehensive company information. The EDGAR system enhances the efficiency of information dissemination and helps maintain investor confidence in the integrity of the securities markets.