Trump tweet revives a dilemma: Is quarterly reporting hurting companies?
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.
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U.S. Chamber ponders quarterly reporting, pitches ‘company files’
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.
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Basic PageTrump wants SEC to toss quarterly reporting requirement
President Donald Trump is pushing for a shake-up in corporate reporting rules, calling on companies to file earnings with the SEC only twice a year instead of every quarter.
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News BriefDOJ, SEC charge owner of Pennsylvania companies of running $770M Ponzi scheme
The majority owner of a Pennsylvania investment firm faces 100 years of prison time and huge fines for allegedly running a $770 million Ponzi scheme centered on an ATM company he also owned.