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U.S. public firms currently report their financial results quarterly? If the SEC wants the U.S. capital markets to be as efficient as possible, do you

U.S. public firms currently report their financial results quarterly? If the SEC wants the U.S. capital markets to be as efficient as possible, do you think it would be worthwhile to require more frequent reporting (perhaps monthly)? Or would be better to require less frequently reporting (twice a year or once a year)?

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