Trump calls for study on ending quarterly earnings reports

Trump calls for study on ending quarterly earnings reports

August 17, 2018, Bloomberg

David Martin is quoted by Bloomberg regarding the President’s request of the Securities and Exchange Commission to study ending quarterly reporting for U.S. businesses in order to ease regulations and spur growth. Mr. Martin says “You’re probably going to get a debate where you have people saying these reports are unnecessary, and I don’t think that will convince a lot of people. On the other side will be the argument that information is basically a lubricant of a great capital-markets system.”