SEC says it continues to study frequency of company reporting

SEC says it continues to study frequency of company reporting

WASHINGTON (Reuters) - The Securities and Exchange Commission will continue to study the frequency of public company reporting after President Donald Trump called on the agency to consider shifting from quarterly to semiannual reports, SEC Chairman Jay Clayton said on Friday.

In a statement, Clayton said the SEC's Division of Corporation Finance continues to study public company reporting requirements, adding that Trump "highlighted a key consideration for American companies."

(Reporting by Pete Schroeder; Editing by Leslie Adler)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Aug 18, 2018 02:05 AM

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