The acronym of the day is EDGAR, which stands for Electronic Data Gathering Analysis and Retrieval.
It’s a platform created and run by the Securities and Exchange Commission. It could also be known, though, as the latest hacking victim in this economy. The SEC made the disclosure late last night that it’d been breached and added that it’s possible some insider trading was done as a result.
John Reed Stark was an enforcement attorney at the SEC for 15 years and is now president of a consulting firm. Marketplace host Kai Ryssdal spoke with Stark about the EDGAR breach….
‘Enforcement 40’ for 2020
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