US EditionSEC Chief to Fast-Track Trump's Push to Scrap Quarterly Reporting Rules
7 Articles
7 Articles
SEC Chief Vows to Fast-Track Proposal to End Quarterly Reports
Wall Street’s top regulator pledged to fast-track Donald Trump’s proposal to end quarterly reporting for most companies, the US president’s latest foray into a long-running debate over transparency in American capitalism.
President Trump's SEC nominee, Paul Atkins, is planning to reduce regulation of financial markets in many ways. Atkins has been sympathetic to cryptocurrencies.
Paul Atkins, President of the Security and Exchange Commission, entered into the campaign for the end of the three-month balance sheet disclosure obligation. In an article published today in the Financial Times, Atkins stated that he will assess the proposal to transform the requirement into a semi-annual publication, and not every three months. “The government must provide the minimum effective dose of regulation necessary to protect investors …
The US Securities and Exchange Commission (SEC) is considering eliminating the requirement for quarterly financial reporting for publicly traded companies, reports the Financial Times. This proposal is supported by SEC Chairman Paul Atkins, who announced that the measures will be business-friendly while ensuring minimal regulation. The newspaper emphasizes that this is another step toward easing regulatory requirements under President Donald Tru…
US financial regulator joins Trump: Will abolish quarterly financial statementsThe US financial regulator SEC (Securities and Exchange Commission) is ready to accelerate the process of abolishing quarterly financial statements.
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