Reported about 3 hours ago
Former President Donald Trump has renewed his call for the U.S. Securities and Exchange Commission to replace mandatory quarterly earnings reports with a semiannual reporting system for companies. He argues that this change would save costs and enable better management focus. While some believe this could encourage long-term corporate strategies, critics warn it might lead to reduced transparency and increased market volatility. The SEC's previous decision in 1970 mandated quarterly reporting, diverging from traditional semiannual standards.
Source: YAHOO