Monday, September 8, 2008

Got an IDEA? The Securities and Exchange Commission Does

According to a Securities and Exchange Commission press release, the SEC's new system, Interactive Data Electronic Applications (IDEA) will allow investors "to instantly collate information from thousands of companies and forms, and create reports and analysis on the fly, in any way they choose." Currently, most SEC filings are available only in government-prescribed forms through EDGAR. IDEA will first supplement and finally replace EDGAR.

Thanks to WisBlawg.