Alpha · MD&A research MCP

MD&A research for SEC periodic reporting, delivered through MCP.

IronReg gives public-company reporting teams and advisers the SEC context behind 10-Q and 10-K MD&A: prior comments, peer language, Item 303 grounding, and citation-backed drafting support.

Request alpha access Open mcp.ironreg.ai

Alpha access requests go to founders@ironreg.ai.

disclosure situationMCP

A draft excludes a non-recurring cost. IronReg finds where Staff pushed back, how peers disclosed similar adjustments, and what Item 303 context the team should review.

Comment-letter precedentPeer disclosure deltaRule-grounded drafting implication

What it is

A hosted MCP server for the reporting cycle's research bottleneck.

The initial product focuses on Management's Discussion & Analysis for SEC periodic reports. It is built for the people who prepare, review, approve, and advise on MD&A: finance teams, legal teams, accounting, IR, executives, and outside counsel. The work is repetitive, high-volume, and tied to objective standards, especially Reg S-K Item 303.

IronReg is not a generic legal chatbot. It is an LLM-agnostic SEC research layer that any MCP-capable client can call while the team works through the filing.

MD&A for periodic reportingBuilt first for 10-Q and 10-K MD&A prep, where the same research questions return every quarter.
SEC context in the loopComment letters, peer filings, Item 303, guidance, and filing history are available while the team reviews the draft.
MCP-as-a-serviceYour LLM or agent client calls IronReg when you ask a normal filing question. IronReg hosts the SEC research tools behind the scenes.
Citations before proseEach tool returns structured evidence with source URLs, confidence, and limits before the client writes or revises language.

How it works

Sixteen focused tools, called by the client.

Most users will not call tools by name. The point is simpler: when someone asks a filing question, the client can call IronReg's hosted tools for issuer lookup, MD&A access, rules, peer comparison, comment-letter precedent, draft review, evidence expansion, and retrieval audit.

You ask the filing question in your LLM or agent client, using business and legal language.
IronReg calls the right SEC research tools: filing lookup, MD&A section access, rules, peer language, and comment-letter precedent.
The client gets cited context, flags, confidence, and limits. The reporting team and its advisers decide what belongs in the filing.

Core endpointhttps://mcp.ironreg.ai/mcp

mcp.ironreg.ai ↗

See it work

One question, from draft to cited precedent.

Highlight a sentence in a draft, ask in plain language, and IronReg returns the on-point SEC staff comment — with the rule, a verified citation, and a drafting implication. Every example below is a real SEC comment letter to a well-known issuer — Visa, UnitedHealth, Tesla, RH, Uber — retrieved live from IronReg’s corpus with a ledger-verified sec.gov citation. The draft excerpts are illustrative.

illustrative draft — Form 10-Q · MD&A

Visa Inc.Form 10-Q · MD&A

Results of Operations

Net revenue increased over the prior year, driven by growth in payments volume, cross-border volume, and processed transactions.

We present adjusted (non-GAAP) net revenue and non-GAAP operating results as the primary measures in our results discussion.

Non-GAAP measures given prominence ahead of the comparable GAAP results

Strengthened: Reorder so GAAP net revenue and operating results lead; move adjusted measures below with reconciliations.

advisory — IronReg cites and suggests; counsel decides materiality.

You

IronRegfind_disclosure_precedent

The evidence panel fills once you ask a question.

Real SEC staff comment · Visa Inc.verified

To avoid giving undue prominence to your non-GAAP results, please revise to present and discuss your non-GAAP results after your discussion and analysis of GAAP results. Refer to Item 10(e)(1)(i)(A) of Regulation S-K and Corporation Finance Interpretations 102.10(a).

Reg S-K Item 10(e)C&DI 102.10(a)non-GAAP prominence

sourcesec.gov · SEC staff comment letterverified · Mar 31, 2026

Drafting implication

Discuss GAAP results first, then present non-GAAP measures afterward — each reconciled, at equal or lesser prominence.

1 of 5 · Non-GAAP prominence · Item 10(e)

MCP tool surface

What the tools do during MD&A review.

The alpha server currently exposes 16 small tools. The names below are for technical evaluators; the job language is what legal, finance, accounting, IR, and executive teams will recognize.

map_filing_contextStart from the document being reviewedMap a 10-K, 10-Q, S-1, or S-3 section to the SEC rules and staff topics that apply.
get_sectionPull filed MD&A textRetrieve Item 7 in a 10-K or Item 2 in a 10-Q by document structure, not by semantic guesswork.
find_mdnaFind filings that discuss a topicLocate where MD&A sections discuss a subject, then point back to the exact EDGAR source.
compare_sectionsCompare against peersIdentify what comparable issuers disclose that the draft does not address or quantifies differently.
find_disclosure_precedentFind similar SEC staff commentsConnect a disclosure situation to prior staff comments, issuer responses, and practical drafting implications.
check_disclosureReview a draft before language changesFlag issues with cited context and route to advisory edits only when the evidence supports them.

Alpha build

What alpha users can evaluate now.

Proprietary MD&A pointer indexStores where MD&A lives in EDGAR filings, then retrieves the authoritative source text on demand instead of warehousing whole MD&A bodies.
Form-aware SEC routingKnows that 10-K Item 7, 10-Q Item 2, S-3 incorporation by reference, Item 303, and Item 10(e) lead to different research paths.
Validated trust checksThe alpha eval checks the things reviewers care about: verified citations, honest no-result answers, rule-comment pairing, form awareness, and quote fidelity.

Trust posture

Structured returns. Mandatory citations.

Verified provenance.: Every tool return carries source provenance such as regulation, peer filing, or comment-letter URL. Citations are checked before they reach the client.
Deterministic where it matters.: Filing sections are located by document structure and financial facts. Semantic retrieval is reserved for precedent matching over comment letters and guidance.
Advisory drafting only.: IronReg can suggest updates with rationale, citations, and confidence. It does not silently overwrite drafts or issue compliance verdicts.

Request access

For teams who want the SEC record closer to the draft.

IronReg is in alpha for public-company reporting teams and advisers working on MD&A: finance, legal, accounting, IR, executives, in-house counsel, outside counsel, and firms that support periodic reporting.

Request alpha access

Email target: founders@ironreg.ai. A line or two is enough: name, role, issuer or firm type, and the MD&A workflow you want to test.

For invited partners: connecting IronReg to an MCP client

Connector endpoint: https://mcp.ironreg.ai/mcp

Open your MCP-capable client's connector or tool settings.
Add a custom MCP connector named IronReg.
Enter the endpoint above and authenticate with the key issued to you.