📰 【Earnings report disclosure frequency for U.S.-listed companies reduced to once every six months; White House approval secured.】

BlockBeats reports that on May 1, the U.S. Securities and Exchange Commission (SEC) approved a plan allowing listed companies to reduce their earnings report disclosure frequency from once per quarter to once every six months, bringing it one step closer to implementation. According to information from a U.S. government website, this review was completed earlier this week, meaning the SEC will be able to formally announce the plan and solicit public comments. After receiving feedback, the commissioners will also need to vote again on the final version before the rules can take effect. The voting is typically held several months later. Since last year, after U.S. President Trump called for quarterly reports to be changed to semi-annual reports, the SEC has been pushing forward with this reform plan for corporate information disclosure requirements. Since 1970, U.S. listed companies have been required to disclose financial information on a quarterly basis.

Holy brother, man! This news is explosive! Are these Wall Street guys finally going to change the rules? Going from once per quarter to once every six months—this is going to free up the accountants’ hands! Those big firms have long been unhappy with quarterly reports, always thinking about how to shake out the market. Now they’re even more smug! But honestly, we in the crypto world don’t care about their little nonsense—we only care whether the big coin can break through the previous high! Damn it… when will a piece of good news like this finally be our turn? 👇👇👇👇👇