TD Cowen estimates there is a 60% chance the Securities and Exchange Commission will move from quarterly to semi-annual earnings reporting, a long-debated change that has picked up political and industry support. The push has been bolstered by lobbying from the Long-Term Stock Exchange and backing from President Trump, analysts noted.
SEC Chair Paul Atkins is seen as well-positioned to deliver the change, which TD Cowen argues could serve as a relatively straightforward policy win. Still, any formal rulemaking process is expected to take six months or longer before implementation.
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I posted on this last week and again just a few minutes ago:
This article was written by Eamonn Sheridan at investinglive.com.