Wall Street's top regulator on Tuesday proposed ending quarterly earnings reporting requirements for U.S.-traded companies and allowing them to switch to twice-annual reports.
The Securities and Exchange Commission wants to give publicly traded companies the option to file their earnings twice annually, a move that would end a 55-year-old requirement that U.S. public companies share detailed financial results four times a year, within 45 days of the end of their fiscal quarters.
US SEC proposes allowing public companies to opt out of quarterly earnings reports
byu/app1310 instocks
Posted by app1310
3 Comments
same SEC that allows hundreds of chinese frauds to trade here
Awful. Fucking awful.
I would have gotten away with it, if it hadn’t been for the damn kids and that report!