Jesse Powell on Twitter: "@TomStankewicz 10-Q is required by the SEC, not the exchange. It's up to the shareholders whether they want the company to optimize for quarterly vs long-term performance." / Twitter

Can someone ELI5 how LTSE has an advantage or is differentiated beyond geography and imposing more rules on its listed companies? Can't any of the public companies listed on other exchanges optionally adopt the LTSE's requirements? If shareholders care, they can demand anything?

Quote Tweet

LTSE

@ltse

· May 10, 2019

SEC approval of the Long-Term Stock Exchange “will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges,” writes @heathersomervil reut.rs/2Hig2kF

Tom

@necrotomic0n

May 11, 2019

If I recall correctly, the entire impetus for the LTSE was that these founders and tech startups don't like having to report earnings 4 times a year.

Jesse Powell

@jespow

Replying to

@necrotomic0n

10-Q is required by the SEC, not the exchange. It's up to the shareholders whether they want the company to optimize for quarterly vs long-term performance.

1:25 AM · May 11, 2019Twitter Web App

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