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SEC Prepares Proposal to Eliminate Quarterly Reporting Requirement

rforno
in Other Investing

SEC Prepares Proposal to Eliminate Quarterly Reporting Requirement
https://www.wsj.com/finance/regulation/sec-prepares-proposal-to-eliminate-quarterly-reporting-requirement-1d700bbb?st=9ucnPL&reflink=desktopwebshare_permalink

The Securities and Exchange Commission is preparing a proposal to eliminate the requirement to report earnings quarterly and instead give companies the option to share results twice a year, according to people familiar with the matter.

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The rule is expected to make quarterly reporting optional, not eliminate quarterly reports altogether.

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Publicly listed European companies are no longer required to report quarterly financial results after a 2013 rule change. The U.K. also ended quarterly reporting requirements about a decade ago, though many companies still report quarterly.

Comments

  • AnnaAnna
    With computers and AI, reporting is heading to be effortless. How strange to focus on reporting now.
  • Sven
    Publicly listed European companies are no longer required to report quarterly financial results after a 2013 rule change. The U.K. also ended quarterly reporting requirements about a decade ago, though many companies still report quarterly.
    Learn something new everyday.
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