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Hedge funds oppose SEC plan to shift to six-month reporting

The SEC proposal would let public companies report financial results every six months instead of quarterly, after hedge funds and other investors objected.

Reported · Written up by our desk · Hedge Funds

Hedge funds and other investors are pushing back against a US Securities and Exchange Commission proposal that would change how often public companies report financial results.

According to a report cited by Hedgeweek, the SEC plan would allow companies to report every six months rather than on a quarterly basis.

Hedgeweek reports that the opposition is coming from hedge funds and other investors as the SEC weighs the proposed shift in mandatory reporting frequency.

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