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littlemissmartypants

(35,711 posts)
Fri Jul 3, 2026, 07:23 AM Friday

⚠️🔥 SEC wants to cut your window into Wall Street in half.

URGENT ACTION

Public companies have reported their financial results every three months for over half a century. A new SEC proposal would let them go dark for six months at a time. While the executives, lawyers, and big institutional investors still know exactly how the business is doing, you'd be the last to find out.
...

Four reasons this is bad for every investor.

You'd be flying blind for six months.
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More time for fraud to grow.
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"Optional" on paper, inevitable in practice.
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Tiny savings - and they're not for you.
...

RIGHT NOW
Public comment period is open. Every comment becomes part of the legal record the SEC must consider.

Submit your comment →
2 minutes. Counts officially.

Comment Now:
https://keepitquarterly.org/#comment

More reasons S7-2026-15 is bad for America at the link. One day left in the comment period.

Source:
https://keepitquarterly.org/

1 replies = new reply since forum marked as read
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⚠️🔥 SEC wants to cut your window into Wall Street in half. (Original Post) littlemissmartypants Friday OP
Double the fraud, double the fun. bucolic_frolic Friday #1

bucolic_frolic

(56,450 posts)
1. Double the fraud, double the fun.
Fri Jul 3, 2026, 07:27 AM
Friday

There was a time in the 1990s that our SEC scoffed at Australia's lax accounting rules ... something like GAAP-lite as I remember.

This rule change will drive penny mining stocks to the moon. That's the target.

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