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Form 10 S

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business25 days ago•1 min saved

SEC Pushes Toward Twice-Yearly Earnings Reports

The SEC proposed allowing companies to file semiannual reports on a new Form 10-S instead of quarterly 10-Qs, while keeping a full annual report; supporters including Trump argue it reduces short-termism and costs, but critics warn it could lessen transparency for investors; the rule now faces a 60-day public comment period before any final vote.

via CNBC|

#business #form-10-s #quarterly-earnings

business25 days ago•2 min saved

SEC Eyes Reduced Filing Burden with Optional Semiannual Reporting for Public Firms

The SEC proposed amendments would let public companies elect to file semiannual reports on Form 10-S instead of quarterly Form 10-Qs, resulting in one semiannual and one annual report per fiscal year; deadlines would be 40 or 45 days after the semiannual period end, and Regulation S-X would be updated to reflect the new option, with a 60-day public comment window after Federal Register publication.

via SEC.gov|

#business #form-10-q #form-10-s