Paul Atkins, chairman of the US Securities and Exchange Commission said that he will follow President Trump's call to end quarterly earnings reports and replace them with semi-annual reports.
Speaking on CNBC, Atkins said he would propose a rule change.
“At President Trump’s request, Chairman [Paul] Atkins and the SEC is prioritizing this proposal to further eliminate unnecessary regulatory burdens on companies,” an agency spokesperson said previously.
Republicans hold a 3-1 voting majority and the vote can be changed with a simple majority vote.
The move would upend the long-standing cycle of information and earnings, making disclosures to investors much less timely.
This article was written by Adam Button at investinglive.com.Hence then, the article about sec to propose rule change to end quarterly earnings reports was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( SEC to propose rule change to end quarterly earnings reports )
Also on site :
- Starbucks’ New ChatGPT Integration Is a Potential Privacy Nightmare
- Trader Joe's $4 Find Has Returned — Why Fans Obsess Over the Easy Dinner
- 1980s Rock Band Announces Brand New Album but There's a Twist