Periodic Reporting: The SEC Requests Comment on the Nature, Timing and Frequency of Periodic Reporting, and on Earnings Release and Earnings Guidance Practices

Sullivan & Cromwell LLP - December 20, 2018

On December 18, 2018, the Securities and Exchange Commission issued a release seeking public comment on the nature, timing and frequency of periodic reporting (including the relationship between periodic reports on Form 10-Q and earnings releases) and on how the current periodic reporting system, and earnings release and earnings guidance practices, may affect corporate decision making and strategic thinking.