Two Sigma and D.E. Shaw Oppose SEC Proposal to Relax Quarterly Reporting Requirements
Two Sigma Investments and D.E. Shaw, along with other Wall Street firms, are opposing the U.S. SEC's proposal to allow companies to opt out of quarterly financial reporting. They argue that relaxing these requirements would reduce transparency, increase market volatility, and raise capital costs for companies. The firms are lobbying regulators to reconsider the proposal.
Tickers: $TWO
Topics: financial transparency hedge funds quarterly reporting regulatory opposition SEC