SEC Reportedly Plans To Allow Half-Yearly Earnings Announcements From Publicly-Listed Companies
Synopsis
The Wall Street Journal reported on Monday, citing people familiar with the matter, that the SEC is looking to do away with the need to report earnings every quarter, instead giving companies the choice to report its results only two times in 12 months.
The U.S. Securities and Exchange Commission (SEC) is reportedly planning a proposal that allows publicly traded companies the choice of sharing their earnings only twice a year.
The Wall Street Journal reported on Monday, citing people familiar with the matter, that the SEC is looking to do away with the need to report earnings every quarter, instead giving companies the choice to report its results only two times in 12 months.
As per the report, the regulator could publish the proposal as early as next month.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.