SEC to Fast-Track Trump Proposal to End Quarterly Corporate Reports
The U.S. securities regulator is moving to advance plans to scrap mandatory quarterly reporting, a key element in President Trump’s effort to reduce Wall Street oversight.
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Terms & Concepts
Quarterly Corporate Reports: Mandatory financial statements that public companies in the U.S. file every three months, detailing performance and operations for investors and regulators.
U.S. SEC: The U.S. Securities and Exchange Commission, the federal agency responsible for enforcing laws against market manipulation and protecting investors.