US SEC proposes allowing public companies to opt out of quarterly earnings reports - Reuters
US SEC proposes allowing public companies to opt out of quarterly earnings reports Reuters
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"The rigidity of the SEC's rules has prevented companies and their investors from determining for themselves the interim reporting frequency that best serves their business needs and investors."
— Paul Atkins , Executive
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<a href="https://news.google.com/rss/articles/CBMi5gFBVV95cUxNbkdSR2ZJWnNWZDNZQkZZODY3M1k1OVZIMGswRVRKZnpTTUI4Tm9weUF1aDBiVmR3Ni1aV3p2b3RrZmZpLW0xNVBOWEdPRW0tbHpzNUdLVUVIMHcxYjRQb1Z6dXF0VnNrSTU1d3ljd0JWTDRrc0hWTmh3RnNveEV5RzRtUWRCV0RTMG4zTEMzQWpPbkNQZVZ2NDUzNTdndDNUQ0V0ZFhMQkNENXQtajFRYm5ib2xnSWtoazVLZUVSejhnQTllM250Zk9fR1BmVldiRHliaTFFaldSSDlRYzZnbTNWaExyQQ?oc=5" target="_blank">US SEC proposes allowing public companies to opt out of quarterly earnings reports</a> <font color="#6f6f6f">Reuters</font>
The SEC has proposed allowing U.S.-traded companies to switch from quarterly to twice-annual earnings reports, ending a 55-year-old requirement.
The SEC's proposed amendments would allow public companies to file semiannual reports instead of quarterly ones, aiming to reduce reporting burdens.
The SEC's proposal aims to provide companies with greater flexibility in reporting, supported by corporations and investment banks.
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