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US SEC preparing to scrap quarterly reporting requirement, WSJ reports

3mon 3d ago by programming.dev/u/sobchak in business from www.reuters.com

The U.S. Securities and Exchange Commission is preparing a proposal to scrap the ​requirement for companies to report their earnings every quarter ‌and giving them the option to share results twice a year, the Wall Street Journal reported on Monday.

All for trump to hide how bad things are, and severe boost of inside trading

How is Wall Street going to handle this?