Gap Narrows in Access to SEC Filings

The Wall Street Journal

Collecting data since 1984, the SEC’s EDGAR system has been crawling lately from high traffic overburdening it – giving some investors earlier access than others to market documents. According to Scott Kimpel, “It’s an ancient computer system that is processing more and more data than it was designed for.” Kimpel’s practice encompasses a range of matters involving securities laws, mergers and acquisitions, joint ventures, financings, and corporate governance. He previously served as counsel to a former SEC commissioner.