Ceres Comment Letter Urges SEC to Reject Semiannual Reporting Rule That Would Harm Investors

Ceres Comment Letter Urges SEC to Reject Semiannual Reporting Rule That Would Harm Investors

Ceres submitted a public comment letter urging the U.S. Securities and Exchange Commission (SEC) to withdraw its proposed rule that would allow public companies to provide semiannual instead of quarterly financial reporting. – – “Investors urgently need clear, consistent climate-related financial information. Allowing changes to the reporting frequency from quarterly to semiannually gives investors less information, making it harder to assess financial performance and risks, including c… Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=357422

Source: Webwire
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