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The founder of a start-up company that distributes SEC filings over the Internet has offered to help fund the continuation of free public access to corporate disclosure documents through a new association of Wall Street vendors. Clifford Boro, president of Internet Financial Network, said he has written to SEC chairman Arthur Levitt with a plan that would allow the group of companies that sell SEC documents to investment banks and law firms to also provide limited but free access to the general public.
For the last two years, a non-profit organization has provided free access to the SEC's electronic filing system, Edgar, via the Internet. An announcement last week that the free...