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US SEC preparing to scrap quarterly reporting requirement, WSJ reports (www.reuters.com)
submitted 7 months ago by to c/business@lemmy.world
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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.

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[–] 6 points 7 months ago* (last edited 7 months ago)

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

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