Goldman Sachs (GS) CEO David Solomon said he hasn’t landed on a firm view about whether US public companies, including his own, should shift to reporting earnings half as often as the current standard. “I’m not ready to give … public advocacy on one side or the other,” Solomon said during a wide-ranging discussion at…
(Reuters) -Nasdaq CEO Adena Friedman on Monday advocated to provide public companies the option to report either quarterly or semi-annually, as the exchange operator reinforces its support for reforms to reduce reporting burden on publicly listed companies. The comments come after U.S. President Donald Trump on Monday renewed calls for ending quarterly reports for companies,…
By Anirban Sen and Chris Prentice NEW YORK (Reuters) -U.S. exchange operators are in talks with the Securities and Exchanges Commission on easing regulatory burdens for public companies, as they seek to encourage more richly valued startups to list, according to four people familiar with the matter. These deliberations, the details of which are reported…