SEC’s Jay Clayton Urges Companies to Provide Maximum Information on Coronavirus Impact

📆 09-04-20 04:40:00
📰 WSJ

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Wall Street’s top regulator urged public companies to provide as much information as possible on how the coronavirus crisis is affecting their operations and future outlook

WASHINGTON—.

Jay Clayton, the Securities and Exchange Commission’s chairman, wrote in a lengthy statement that peering into the future is likely much more important to investors, even as it has become more challenging for companies.

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Will this apply to the SEC, banks and brokerage houses? Didn't think so.

Is that going to include how much money was spent on stock buybacks?

I’m sure this will workout just fine... StockManipulation PumpAndDump InflatedProfitLosses DeflatedProfitMargins ...what could go wrong?

This is insipid. It's all guesses. How can they provide meaningful info when our testing and data are shit and we have no idea of the timing or scope of any reopening? Dude needs to harass the actual criminals.

Yeah provide that, work more for free 😂

Well yeah no shit? Right?

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