The free e-mail service, FreeEdgar that provides consumers with an e-mail notification of SEC filings of particular companies will begin charging a $9.95 per month fee for customers tracking over five companies. Customers can still look up information for free on the site, noted Senior Vice President Jay Sears.
The Watchlist accounts provided by FreeEdgar have been moved to Edgar Online and will be activated once the customer subscribes to the Edgar Online site.
FreeEdgar is the latest free Internet service that has decided to charge for some or all services. The decision follows a change in strategy by the company to start charging customers for premium services offered on Web portals.
If customers don't upgrade, their Watchlist service will be disabled Friday.