US SEC plans to comprehensively reform the information disclosure rules for listed companies

According to ChainCatcher, according to Kingsen, SEC Chairman Paul Atkins said on Friday that the institution will advance a comprehensive reform plan for information disclosure rules for listed companies. Just the same week after the SEC announced the news, Trump posted on social media that the SEC should change the frequency of financial reports disclosure of listed companies from "quarterly" to "once every six months." "It is the right time to examine various channels for information acquisition, information dissemination, and 'what disclosure method is in line with actual needs'," said Atkins. He pointed out that many investors get more information from the "financial report call" than they get from quarterly financial reports. In addition, Atkins also agrees with Trump's view, which Trump once criticized "the quarterly financial report system has caused corporate executives and management to pay too much attention to short-term returns."