President Donald Trump wants to do away with the quarterly earnings report. In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period. The SEC has required publicly traded companies to report on a quarterly basis since 1970. Trump asked the Securities and Exchange Commission to examine the three- versus six-month reporting requirement during his first term. No change was made. Last week, the Long Term Stock Exchange said it planned to petition the SEC to do away with the quarterly requirement.
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