SEC Approves Trump-Backed Plan to End Quarterly Reporting Mandate

Also, SEC moves to rescind climate disclosure rule; Aronowitz defends DOL proposal on alternative assets in retirement accounts; Bowman talks asset thresholds and financial fraud

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Acting on a request from Donald Trump, the SEC today proposed allowing public companies to issue financial reports twice a year instead of quarterly. The shift would end a mandate that has stood for more than five decades with few complaints from companies or market participan…