Reported 2 days ago
SEC Chairman Paul Atkins has announced proposed reforms to corporate disclosure rules, allowing companies, including those in the crypto sector, more flexibility in reporting frequencies. The new rules, driven by calls for semiannual reporting, could reduce the administrative burden on crypto firms, enable a focus on long-term strategies, and allow better communication of performance in a volatile market. The SEC is prioritizing input from investors and banks in determining these changes, which, if approved, would alter the current quarterly reporting requirement.
Source: YAHOO