Reported about 8 hours ago
Former President Donald Trump's push to eliminate quarterly corporate reporting has gained momentum as the SEC aligns more closely with the White House's agenda. He proposes that U.S. companies should report every six months instead of quarterly, citing cost savings and longer-term focus for management. With SEC Chair Paul Atkins on board and a friendlier Congress, analysts believe this initiative is more likely to succeed than in Trump's first term, despite potential opposition from investors who value quarterly disclosures for decision-making.
Source: YAHOO