- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Amid discussion about reforms to the SEC’s disclosure regime, perhaps no idea is as controversial as the rethinking of how frequently companies must disclose financial information. While it may seem a cornerstone of public filings, quarterly 10-Q financial statements have only been an SEC requirement since 1970. There’s now a ...
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The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness has entered the fray over potential reforms to the timing and substance of corporate disclosures. Its pitch: a centralized “company file” to replace the current process for delivering investor information.
President Trump has asked the SEC for a plan to “stop quarterly reporting and go to a six-month system.” It revives a longstanding, long-debated argument in the corporate and shareholder communities.
The Trump administration is trying a new strategy to seize control over independent agencies’ rulemaking processes and the guidance they issue.
