Pressure of Truth
Exposing the spin on all sides of the news.
Outlet profile

SEC 8-K filings / company releases

Primary-source corporate disclosures (self-reported by companies, not a news outlet)

Owned byThe filings are written and owned by the individual public companies that submit them. They are hosted on EDGAR, the free public database run by the U.S. Securities and Exchange Commission (SEC), an independent federal agency. Company press releases attached as exhibits are issued by the companies themselves.
FundingEach company pays for its own legal and investor-relations work to prepare its filings. EDGAR is run by the SEC, which is funded through congressional appropriations. Those appropriations are offset by fees collected on securities transactions and registrations. There is no advertising or subscription model.
On the administrationmostly neutral

Background

The SEC was created by the Securities Exchange Act of 1934. The Act requires public companies to disclose material information on an ongoing basis, and Form 8-K is the 'current report' used to announce major events between quarterly and annual reports. The SEC began electronic filing through EDGAR in the 1980s and made it mandatory for most companies in the mid-1990s. Regulation FD (2000) pushed companies to disclose material news broadly rather than to select analysts. Rules adopted after the Sarbanes-Oxley Act (2002) expanded the list of 8-K triggers, and in 2023 the SEC added a requirement to report material cybersecurity incidents. Most triggering events must be reported within four business days. They include mergers, executive departures, bankruptcy, auditor changes, and earnings results. Earnings press releases are usually attached as Exhibit 99.1 under Item 2.02. That information is 'furnished' rather than 'filed,' so it carries less legal liability. The legally required text is factual and standardized, but attached releases often use promotional language and adjusted (non-GAAP) figures that favor the company. Filings can omit context, be vague, or be timed to limit attention, such as late on a Friday. Readers should treat them as accurate records of what a company chose to disclose, not as independent reporting.

Sources

  1. SEC: Form 8-K (current report) instructions
  2. SEC: EDGAR – Search and Access
  3. SEC: About the agency

Profile compiled 2026-10-16; refreshed when ownership, funding, or the administration changes.

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