3 items across 2 digests
The SEC is close to ending mandatory quarterly earnings reports after formally proposing companies can file semiannual reports on new form 10-S instead of traditional quarterly 10-Qs. This regulatory change would reduce reporting frequency requirements that Trump had previously called for eliminating.
Elon Musk settled a $150 million SEC lawsuit for $1.5 million under the Trump administration, related to late disclosure of Twitter stock purchases. This 99% reduction in settlement amount signals a dramatically different regulatory approach that could affect how tech executives handle securities disclosures.
Bitwise, Roundhill and GraniteShares have filed SEC applications to offer prediction market event contracts as exchange-traded funds. This would provide retail investors with regulated access to prediction markets through standard retirement accounts for the first time.