SEC's semiannual filing proposal faces major backlash
The rule proposal generated a slew of overwhelmingly negative comments.
Article label: Quick Read
In May, the SEC proposed giving public companies a choice between continuing to report quarterly and moving to a new semiannual reporting schedule.
According to the proposal, companies choosing the new option would replace three quarterly Form 10-Q reports with one new Form 10-S, covering the first six months of