EDGAR filings: 12 Things to look for before you Hire an Agent
EDGAR stands for the Electronic Data Gathering, Analysis, and Retrieval system, and is a system designed to increase the efficiency and fairness of the securities market for the Securities and Exchange Commission (SEC) on behalf of United States investors. Domestic public companies are required to file a number of forms on the EDGAR system, and an agent can help you get the forms together correctly and file them with the system.
Before you hire an agent for filing services, there are 12 things that you should look for and pay attention to.
1. Do they have a good record? You should find out from the company who else they service, and get recommendation from the other customers of your agent if at all possible. You do not want to be a new agent’s first customer if you can help it – their mistakes could cost you.
2. What do they charge? You need to know what you are going to pay, and check the price against competitors to be sure that you are getting the best deal.
3. Do they file your forms? Make sure you know whether they will file your forms for you, or if they only...