Updated
Updated · Bloomberg · Jun 10
Investors Resist SEC Plan to Cut Public Company Reporting to 2 Times a Year
Updated
Updated · Bloomberg · Jun 10

Investors Resist SEC Plan to Cut Public Company Reporting to 2 Times a Year

3 articles · Updated · Bloomberg · Jun 10

Summary

  • Nearly two-thirds of analysts and portfolio managers in a CFA Institute survey said the SEC should keep mandatory quarterly reporting for U.S. public companies.
  • The pushback targets a proposal to shift listed companies from four financial reports a year to two, reducing how often firms disclose results to the market.
  • Professional investors’ response suggests key market users see quarterly filings as important for timely information, setting up resistance as the SEC weighs any rule change.

Insights

If fewer reports won't solve the IPO decline, what will truly revitalize America's public markets?
Could cutting corporate financial reports to save companies money actually end up costing investors far more?