this post was submitted on 16 Nov 2023
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DRS Your GME

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https://www.sec.gov/rules/2023/09/edgar-next

Thanks to John Wooten of BlockTransfer I've just learned about this current SEC proposal on the docket, which is open for comment for one more week.

TLDR: Issuers are required to submit information to the SEC consistently and for a variety of reasons. This data is submitted through EDGAR - and it can be an arduous or complicated process on which issuers must spend time and resources, and often choose to outsource.

The SEC is considering introducing an API for the EDGAR submission system, which could revolutionize accessibility and could introduce much needed innovation and efficiency to a difficult and convoluted process.

I still need to read more on the subject, but wanted to share here ASAP for those interested. Check it out, and consider leaving a comment if you feel EDGAR API access could be helpful for issuers! I will be leaving comments here over the next day or two as I take a closer look and better understand the proposal.

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