SEC Plan to End Mandatory Quarterly Reporting Provokes Widespread Opposition

Also, Atkins signals SEC will permanently stop reviewing shareholder proposals; the case for boosting the G-SIB surcharge

The SEC is still processing a record-breaking flood of feedback on its proposal to eliminate mandatory quarterly financial reporting. But the overwhelming consensus is already unmistakable: it’s a bad idea.

Leading the charge, by one assessment, were more than 10,000 retail traders who weighed in against the plan. The grassroots opposition was buttressed…