Wall Street Concerns Over Trump's Proposal to End Quarterly Earnings Reports

Reported about 5 hours ago

President Trump has reignited the debate on earnings reporting frequencies, advocating for a shift from quarterly to six-month reporting for public companies. His rationale is that this change would reduce costs and enhance managerial focus. While some on Wall Street see potential benefits, such as reduced pressure on companies, many analysts warn of increased volatility and accountability risks. The SEC could consider this shift, yet many doubt its likelihood given existing regulations established post the 1929 crash to promote market transparency.

Source: YAHOO

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