Retail investors could suffer with the rollout of Truth API, changes in corporate earnings reports, and Federal Reserve communication:
Technological advancements have helped level the playing field for investors on Main Street and Wall Street. But now advocates for retail investors warn that changes to corporate earnings, Federal Reserve communication, and access to social media could harm them:
1. Corporate earnings changes
The Securities and Exchange Commission in May backed President Donald Trump's proposal for public companies to report earnings biannually instead of quarterly:
2. Less Fed communication
New Fed Chairman Kevin Warsh has cut down the central bank's policy meeting statements and removed forward guidance:
3. The Truth API service
The launch of Truth API by Truth Media & Technology Group, a paid data service, has raised concerns among retail investors:
