SEC Says Quarterly Reporting Won’t Change ‘Anytime Soon’

WSJ

WASHINGTON—In the near term, public companies won’t get a break from quarterly earnings reporting, an idea that President Trump asked U.S. regulators to study.

The Securities and Exchange Commission may weigh the idea of moving to six-month reporting for smaller firms, but “I don’t think quarterly reporting is going to change for our top names anytime soon,” SEC Chairman Jay Clayton said Thursday.

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https://www.wsj.com/articles/sec-chair-jay-clayton-says-quarterly-reporting-wont-change-anytime-soon-1539274050?mod=pls_whats_news_us_business_f

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