United States | News & Politics

4015 readers

97 users here now

Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

No memes/pics of text

Post news related to the United States.

founded 3 years ago

MODERATORS

simsymbiote@midwest.social

Type1@midwest.social

exposingfash@midwest.social

SEC Prepares Proposal to Eliminate Quarterly Reporting Requirement | Trump and others have said public companies should have to report earnings only twice a year (www.wsj.com)

submitted 1 month ago by silence7@slrpnk.net to c/usa@midwest.social

3 comments fedilink hide all child comments

This advantages insiders over investors quite significantly.

Access options:

gift link — may have a view count limit
archive.today — sometimes modifies archived pages

you are viewing a single comment's thread
view the rest of the comments

[–] IronBird@lemmy.world 5 points 1 month ago* (last edited 1 month ago)

most other western countries tend to do annual/bi-annual reports, these countries also tend to have like...an actual functial regulatory state that insures companies don't have a dozen different ways to (legally) lie on their financial reports.

the US ~~market~~ casino is set up specifically to make it exciting, to "increase liquidity", this move is at odds with that...but with all the backroom deals and shit that already goes on, i don't imagine this change will do anything but make it slightly harder for retail to make $

imo, alot of recent moves by this administration have very clearly been done to stress the markets, they're trying to cause a crash. dems just made it worse by trying to create a "soft landing"...there is no such thing as a soft landing with US financial markets...they boom and bust by design