Behind the SEC’s reform agenda
The commission’s chief accountant says the aim is to “get more companies to be public.”
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The commission’s chief accountant says the aim is to “get more companies to be public.”
This Basel III provision could be bad news for nonfinancial borrowers and consumers.
The GAO says the agency also needs a policy for dealing with AI-generated submissions.
CFO Neil Hansen said making quarterly reporting optional recognizes the multiple, “more user-friendly and often more effective” channels for disclosing information to investors.
Reporting less information may reduce compliance burdens but can introduce other risks.
A majority of respondents to a CFA Institute survey disapproved of the SEC’s semiannual reporting proposal.
Companies with smaller public floats would benefit the most.
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