The tweet was deleted by the author.
But we saved everything 🙂.
Steve Burns, founder at New Trader University, notes concerns around a proposed SEC Rule S7-2026-15 that would allow public companies to opt for semi-annual financial reporting instead of quarterly filings.
Burns suggests that reducing the frequency of required earnings reports could give company insiders a major advantage in timing their share sales.
Burns has previously tracked major market moves, reporting when over $1.8 billion in levered crypto positions were liquidated within 24 hours. He has also examined equity opportunities, highlighting energy stocks that could see higher earnings from increased AI data center demand. His recent comments continue a focus on the mechanics and transparency of financial reporting.