Trump says SEC should require public companies to report on the results every six months instead of quarterly

President Donald Trump It proposes a regulatory change that would affect the requirements of financial reporting on securities and confiscations for management and financial enterprises.

Trump wrote on the true social “, subject to SEC Approval, companies and corporations should no longer be compelled to “report” on a quarterly basis (three-month reporting!), But to report on “six (6) monthly basis.” This will save money and allow managers to focus on proper guiding their companies. ”

Trump added to fasting: “Have you ever heard a statement that,” China is 50 to 100 years on company management, while we lead to a quarterly basis ??? “It’s not good !!!”

The European Union and the United Kingdom ended the compulsory quarterly financial reporting, and instead, they enable publicly cited companies to issue semi-annual and annual reporting.

It is not clear what immediately encouraged Trump to propose elimination of three-month reporting and transition to biannual reports.

Trump is the majority shareholder of the truth of the socialSocial media and video transmission of videos formed at the end of 2021. years. The company has passed public merging with a special purchase company (SPAC) in March 2024. years.