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Trump Asks Sec To Study Quarterly Earnings Requirements For Public Firms

by sfgate.com posted 1year ago 30 views
Many leaders of public companies in the United States have complained about the negative aspects of filing quarterly financial reports, citing the time they consume and their excessive emphasis on short-term results. Those complaints appear to have a receptive audience in the White House. In a tweet early Friday, President Trump wrote that he had directed the Securities and Exchange Commission to study moving corporate America from reporting earnings on a quarterly basis to doing so twice a year.

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