This Open-Source AI Tool Levels the Playing Field for Retail Investors | HackerNoon
Briefly

In 1934, the SEC was established by the US Congress to regulate financial markets and protect investors. The agency's foundation lies in providing accurate and comprehensive information to investors. For nearly a century, the SEC has mandated public companies to disclose extensive details about their finances and operations. The launch of the EDGAR system made this information accessible online. Despite this, a disparity exists between institutional and retail investors regarding the ability to process and analyze the disclosed information effectively, with retail investors facing challenges due to the complexity of documents.
The SEC has served as the financial world's transparency watchdog, requiring public companies to disclose everything from quarterly earnings to executive compensation, from business risks to major corporate events.
Through its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, the SEC has made these filings freely available to anyone with an internet connection.
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