Summary
- The US Securities and Exchange Commission is discussing changes to listed-company disclosure rules that would replace quarterly reports with semiannual reports.
- If adopted, the plan would let companies report earnings only twice a year, reducing disclosure burdens and costs.
- As concerns grow over weaker investor confidence and lower liquidity from a longer reporting cycle, publicly traded crypto companies such as Coinbase and the future market reaction are in focus.
Forecast Trend Report by Period
The US Securities and Exchange Commission is considering an overhaul of the disclosure regime for listed companies, a move that could also affect publicly traded crypto firms.
Crypto news outlet BeInCrypto reported on May 5 that the SEC is discussing a plan to replace quarterly reports with semiannual filings.
If adopted, companies would report earnings only twice a year.
The proposal would reduce disclosure burdens and compliance costs for companies.
A longer reporting cycle, however, has raised concerns about weaker investor confidence and lower liquidity.
Markets are watching how publicly traded crypto companies such as Coinbase weigh lower costs against disclosure transparency. Whether the measure is introduced and how investors respond remain key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
