WallStreetBets explodes over SEC plan to cut quarterly reporting from public markets

They call the change a recipe for manipulation

r/WallStreetBets has delivered its sharpest backlash yet against an SEC proposal that would let public companies report only twice a year. Retail traders argue the move would reduce transparency, slow reactions to losses, and tilt power toward insiders who see results first. The proposal is now facing louder pushback before any final rulemaking.