Miner Company
SEC is close to ending mandatory quarterly earnings reports that Trump called for
The Securities and Exchange Commission formally proposed a rule change that would allow companies to file semiannual reports on a new form 10-S in place of the traditional quarterly10-Qs. The move brings regulators closer to a structural change that Trump has advocated, arguing that mandatory quarterly reporting encourages a short-term mindset and distracts executives from long-term strategy.
The Securities and Exchange Commission formally proposed a rule change that would allow companies to file semiannual reports on a new form 10-S in place of the traditional quarterly10-Qs. The move brings regulators closer to a structural change that Trump has advocated, arguing that mandatory quarterly reporting encourages a short-term mindset and distracts executives from long-term strategy.