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westurnertoday at 4:08 AM1 replyview on HN

That's disrespectful to investors.

Persons affected by the market deserve quarterly earnings reports; which should be trivial given sufficient accounting systems.


Replies

westurnertoday at 5:15 AM

Less accounting accountability -> Greater liability

Other international markets under consideration for investment are expected to retain their sub-annual reporting requirements.

Does this policy provide for allowing firms to optionally continue to disclose their financial status to all investors quarterly using the existing guidelines for scheduled disclosure?

Firms could instead instruct their CAO Chief Accounting Officer to continue to prepare quarterly reports and work on being able to prepare automated monthly reports.

Markets with a no-fee CBDC have the advantage on transactional accountability. If all transactions were in CBDCs, the treasury report for quarterly or monthly statements of accounting accountability would be easy.

Investors have for quite awhile operated with legally mandatory quarterly accounting reports and explanations of the nature of the costs and returns.

You do the now-annual earnings report webcast

Sort of like when you put off working on a paper until the last minute