SEC Considers Trump's Proposal to Change Corporate Reporting Frequency

Reported about 4 hours ago

The U.S. Securities and Exchange Commission (SEC) is focusing on a proposal from Donald Trump to move corporate earnings reporting from quarterly to semi-annual. This proposal follows Trump's call for reduced regulatory burdens on companies, suggesting fewer reporting requirements could free managers to concentrate on long-term growth. While some stakeholders argue that ending quarterly reporting could lead to increased uncertainty in the market and reduce transparency for investors, others believe it may encourage a more efficient business operation. The SEC's consideration of this change reflects an ongoing debate about the best practices for corporate governance and accountability.

Source: YAHOO

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