Ken Yeadon Discusses D&O Claims Impact of a Proposed Change to the SEC Quarterly Report Requirement

September 28, 2018

Hinshaw partner Ken Yeadon was featured in a Business Insurance article titled, "Trump 6-month reporting idea has D&O claims benefits, downsides." The President has reportedly suggested the SEC consider permitting biannual rather than quarterly earnings reports. Yeadon—a former Assistant U.S. Attorney and a former U.S. Securities and Exchange Commission (SEC) enforcement attorney—offered some thoughts about potential downsides to such a change in approach.

"Moving to a six-month reporting schedule would upend a long history of quarterly reporting and companies have a lot of structures  in place that are based on quarterly earnings," he said.

Read "Trump 6-month reporting idea has D&O claims benefits, downsides," on the Business Insurance website (subscription may be required)

Hinshaw & Culbertson LLP is a U.S. based law firm with offices nationwide. The firm's national reputation spans the insurance industry, the financial services sector, and other highly regulated industries. Hinshaw also serves as counsel to the professional services sector, and provides business advisory and transactional services to clients of all sizes.