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President feels switching to twice-yearly disclosure of accounts would boost business
Donald Trump has told the US securities regulator to consider abandoning quarterly reporting – a practice criticised as too short-term by some businesses on both sides of the Atlantic.
Trump said a leading company boss told him switching to twice-yearly disclosure of accounts would reduce costs and be good for business. If enacted by the Securities and Exchange Commission, the change could allow more UK companies to join a trend away from quarterly reports.
Continue reading...from US news | The Guardian https://ift.tt/2OFCMgi
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