SEC Chairman Floats Scaling Company Reporting to Firm Size
The head of the Securities and Exchange Commission floated scaling the frequency of corporate disclosures to a firm’s size, as the regulator weighs changes to earnings report requirements.
The SEC has been working on the overhaul following President Donald Trump’s call last year to shift to semiannual reports from quarterly ones. SEC Chairman Paul Atkins previously vowed to fast-track the potential plan, saying the change could save companies significant time and money.