An SEC email address mix-up is causing confusion and threatening to disrupt its proposal to scrap quarterly reporting requirements
The lost art of proofreading could see a missing “s” disrupt the federal government’s controversial effort to reduce reporting requirements for public companies. In May, the Securities and Exchange Commission proposed a new rule that would let publicly listed companies report their financial results twice a year instead of every quarter, as is currently required. The agency asked the public to weigh in and send its feedback to rule-comment@sec.gov . But the comment inbox that the SEC lists on its own instructions page —and has printed in almost every rule proposal it has issued since at least 2019—is rule-comments@sec.gov. With an “s.” The comment (or…comments) period on the semiannual reporting rule closed on July 6, but the email address confusion cropped up on Monday in a letter to the commission from nonprofit investor advocate Better Markets. The letter, addressed to SEC Chairman Paul Atkins and Commissioners Hester Peirce and Mark Uyeda, said the posted emai...