Question

The Securities and Exchange Commission (www.sec.gov) has an excellent, easily searched website. Probably the most useful component of the SEC site is the link to the Hoover database. This database is a repository for most of the financial filings that public companies must submit periodically to the SEC.

a. true.
b. false.

Answer 1

The Given statement is "False"

Step-by-step explanation:

The Edgar database is the correct SEC link.

Through EDGAR, the Electronic Data Collection, Evaluation and Retrieval Program, the organization and others required by law to send documents to the US and are automatically gathering, validating, indexing, processing and sending submissions.

The registry reports, regular reports as well as other forms must be sent electronically by EDGAR to all businesses, both foreign and domestic.This information can be accessed and downloaded free of charge. Links to a full list of EDGAR files and the searching guidelines of the EDGAR database will be found in Edgar database SEC link.