1. The SEC makes extensive company data available through its "Electronic Data Gathering, Analyis and Retrieval" system - EDGAR. You should be familiar with retrieving data from EDGAR and know how it relates to the registration process. Go to EDGAR and find the most recent Form S-1 filed as of the time you visit the site. Provide the time and date that this form was filed with the SEC. From reviewing this S-1, in a paragraph or two describe the company and the industry that it is in. This is not a time consuming or difficult assignment.

   In about two to three paragraphs, describe how EDGAR fits into the registration process as described in the two chapters you read for this session. Do you believe that the disclosure made possible through tools such as EDGAR is worth the costs that are associated with it? Why or why not?