The norm in other countries is 6 months. That's enough time to get the mid-year numbers to be reviewed by an auditor.

I don't think malice of the decision.

Gigachad 10 hours ago | parent | next [-]

At least what I saw, which might be inaccurate, is that in countries with 6 month mandatory reporting, most companies still choose to report quarterly or investors start to get nervous.

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ee64a4a 10 hours ago | parent | next [-]

Hard to disentangle that from quarterly being the US standard, what with it being the most robust capital markets and nexus of major financial transactions.

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mrcsharp 10 hours ago | parent | prev [-]

Please read the article.

> The WSJ report added that the rule is expected to make quarterly reporting optional and not eliminate it altogether.

So companies can still do their quarterly reporting if they and their investors want that.

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motoxpro 9 hours ago | parent [-]

Thats exactly what they said

	▲	mrcsharp 8 hours ago \| parent [-]
		Fair enough. I misunderstood.

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reg_dunlop 9 hours ago | parent | prev | next [-]

I don't understand arguments like this.

Universal healthcare? Democratic rule of law? Affordable living wage?

Nah, I'll bang the drum of international equality for corporate malfeasance.

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10 hours ago | parent | prev [-]

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