ARTICLE
23 August 2021

SEC Offers Enhanced Financial Statement Data Through EDGAR

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The SEC is providing new "Application Programming Interfaces".
United States Corporate/Commercial Law

The SEC is providing new "Application Programming Interfaces" ("APIs") that aggregate financial statement data and make other enhancements to improve public company disclosure on the SEC's Electronic Data Gathering, Analysis, and Retrieval ("EDGAR") system.

In its announcement, the SEC described "open data enhancements" intended to make "corporate disclosures quicker and easier for developers and third-party services to use." The APIs provide improved public access to annual and quarterly reports, Forms 8-K, 20-F, 40-F and 6-K. Further, the SEC asserted that the APIs will allow developers and third-party servicers to more easily create web or mobile apps for retail investors.

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