Years ago not even Dow companies were required to do audited financials. Problem is the cost of full transparency is so expensive. In some cases the company itself is just a startup so the audited financials would be useless anyway.
I would agree that maybe something in the middle should be required. Maybe the tax returns that they need to file with the IRS be made public or SOMETHING.
Raw
Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.
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