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SEC chief to fast-track Trump's push to scrap quarterly reporting rules

Quartz · Alex Daniel · last updated

Wall Street’s top watchdog will fast-track President Donald Trump’s plan to scrap quarterly company reporting as part of a deregulation drive on businesses, its chief has said.

Paul Atkins, chairman of the Securities and Exchange Commission (SEC), said the proposal will allow companies to report twice a year rather than four times, while claiming the move is “not a retreat from transparency.”

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