Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly and I take a very deep dive the implications from President Trump’s tweet on Friday, August 17th about quarterly financial reporting by public companies.
Some of the highlights from this podcast are:
- What was the reason behind the tweet?
- Is this simply an attempt to require less transparency in financial reporting?
- Would a longer financial reporting cycle allow companies to plan to the longer term?
- Would this negatively impact short-sellers?
We unpack of all these points and consider the SEC’s response going forward.
For more reading: see Wall Street Journal Article, “The End of Quarterly Reporting? Not Much to Cheer About”.
See NYT Dealbook article, “Trump Asks S.E.C. to Study Quarterly Earnings Requirements for Public Firms”.
Matt Kelly and I unpack the question of quarterly financial reporting on a special episode of Compliance into the Weeds.Click to tweet