Bass, Berry & Sims attorney Jay Knight provided guidance and insight on how the SEC is using technology to make structured financial data more widely available and efficient to users. In two articles featured in the Technology and SEC Disclosure newsletter, Jay discussed EDGAR upgrades and the use of hyperlinks in company filings. As Jay commented in the newsletter, "I do think the use of additional hyperlinking should be explored further. There is a great deal of information that could be hyperlinked in a particular filing, whether or not it's a Securities Act registration statement that's incorporating Exchange Act filings such as the 10-K and Qs. And I do think there are more hyperlink opportunities for issuers that would not be a significant burden and could provide a lot of benefit to investors."
The articles, "Reinventing Edgar" and "The Hyperlinks Rule," were featured in the June 2017 Technology and SEC Disclosure newsletter, published in conjunction with Mergermarket and Toppan Vintage.