DEFINITION of 'EDGAR Public Dissemination Service (PDS) System'
A privatized online service that provides the public with the ability to quickly download valid EDGAR filings submitted to the Securities and Exchange Commission (SEC). The EDGAR PDS System has been operational since November 1998 and is operated by Keane Federal Systems, Inc. It enables subscribers to retrieve corporate filings such as registration statements and periodic reports in real time as they are submitted to the SEC.
BREAKING DOWN 'EDGAR Public Dissemination Service (PDS) System'
The EDGAR PDS System is a useful tool for filing agents, document retrieval companies and SEC-regulated companies that need quick and affordable access to SEC filings. Investors use the public information to formulate investment decisions and conduct fundamental analysis.