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Corporate Reports Now Searchable Via EDGAR June 16, 2006 (SmartPros) For the first time, the Securities and Exchange Commission's information about companies and mutual funds is now fully searchable online. Investors and analysts can now search the full text of every SEC document filed by companies within the last two years. They'll also be able to retrieve mutual fund filings by fund or share class. The company filing search engine enables real-time, full-text searches of filings on the entirety of the SEC's EDGAR (Electronic Document, Gathering, Analysis and Retrieval) database of company filings for the last two years. The tool can be found at http://www.sec.gov/edgar/searchedgar/webusers.htm. SEC Chairman Christopher Cox, a strong proponent of using the Internet to post dynamic financial reports and to serve as a tool for investors and analysts made the announcement in his opening remarks at the SEC's Interactive Data Roundtable in Washington, D.C. "This new full-text search capability will give investors and analysts instant access to the specific information they want," said Cox. The new mutual fund search capability was made possible when the SEC recently required that filings contain a unique numerical identifier for each fund and share class. Investors will be able to find relevant filings by searching for the name of their own fund. In the past, searching for information on particular funds and particular share classes within funds was very difficult, because a single prospectus might contain information about many mutual funds and share classes. The SEC is asking users of this Web site feature to supply feedback, including suggestions for additional functions, so that further improvements to the site can be considered and implemented. 2006 SmartPros Ltd. All rights reserved. |
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