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SEC Is Changing a Major Rule That Could Benefit US Stocks and Crypto

BeInCrypto
The SEC is proposing to eliminate quarterly corporate earnings reports, allowing companies to report only twice yearly.

Summary

The U.S. Securities and Exchange Commission (SEC) is preparing a proposal to eliminate the mandatory requirement for companies to report earnings every quarter, shifting to a semi-annual (twice-yearly) disclosure schedule. This significant reform, expected to be formally published in April, aims to reduce compliance costs, potentially saving corporations billions, and encourage more initial public offerings (IPOs) by allowing executives to focus on long-term strategy. However, critics warn that less frequent reporting could weaken transparency, making it harder for retail investors and analysts to track performance and detect risks, potentially increasing market volatility. Since major shifts in equity market transparency can affect digital asset markets like Bitcoin and Ethereum, this change could have broader implications for crypto as well.

(Source:BeInCrypto)