Investors push back on SEC plan to release corporate earnings less frequently
Investors push back on SEC plan to release corporate earnings less frequently
In short, there’s a trade-off between the cost of capital and transparency.
A new financial reporting proposal, pitched by Securities and Exchange Commission Chair Paul Atkins, has generated enormous opposition, from ordinary savers to industry groups. [Photo: Kent Nishimura/Bloomberg via Getty Images]
The U.S. government has pitched an obscure accounting rule change that has ignited a firestorm of opposition. If enacted, its effects might be felt from the capital markets to your retirement savings account.
At issue is........
