Whalesbook
SEC ne bola hai ki companies ko ab 'semi-annual' yaani saal mein do baar financial results declare karne ka option mil sakta hai. Yeh current system ko badal dega jahan har 3 mahine mein report dena hota hai.
Is proposal ke peeche Trump administration ka bhi haath hai, taaki companies par se regulatory burden kam ho aur woh sirf short-term results par focus na karein. Bade firms jaise JPMorgan Chase bhi is support mein hain, aur unka kehna hai ki baar-baar report banane mein companies ka time aur paisa zyaada kharch hota hai.
Lekin, investors isse bilkul khush nahi hain. Unka kehna hai ki quarterly reports se market mein transparency bani rehti hai. Unhe dar hai ki agar information kam milegi toh market mein 'information asymmetry' badhegi, matlab kuch logon ko late ya kam data milega, jisse market par bharosa kam ho sakta hai aur volatility badh sakti hai.
Is change ka asar market indices par bhi pad sakta hai, jaise S&P 500. SEC khud keh rahi hai ki information late hone se capital costs badh sakte hain. Waise, yeh change jaldi nahi hoga, shayad 2027 tak hi ho paaye, kyunki companies pehle research karengi ki unhe switch karna chahiye ya nahi.