What type of database is similar to the SEC's EDGAR?

Prepare for the Wall Street Redbook Test. Study with flashcards and multiple choice questions, each question provides hints and detailed explanations. Get exam-ready today!

The correct answer is SEDAR in Canada. SEDAR, which stands for the System for Electronic Document Analysis and Retrieval, serves a function similar to the SEC's EDGAR (Electronic Data Gathering, Analysis, and Retrieval system) by providing public access to the documents filed by publicly traded companies in Canada. Both systems are designed to increase transparency in financial markets by allowing investors to access important information about companies, including prospectuses, financial statements, and other regulatory filings.

This structure of public repositories is critical in establishing trust and informing investors, as they can review relevant filings before making investment decisions. While the other options may pertain to finance or investor information, they do not fulfill the same governmental and regulatory disclosure role that both EDGAR and SEDAR provide.

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