Trump Considering a Huge Change to the Stock Market | Lumovest

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Trump Considering a Huge Change to the Stock Market

So breaking news on Aug 17, 2018. Trump told the public that he's asked the SEC to study the possibility of abolishing the quarterly disclosure requirement and move towards a semi-annual disclosure convention. For the past 80+ years, US companies have reported their financial performance every 3 months. Getting rid of this convention would have a huge impact on the stock market in terms of how investors diligence companies and how they manage risk.
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