SEC considers ending mandatory quarterly earnings reports for US companies: WSJ

The U.S. Securities and Exchange Commission (SEC) is reportedly preparing a proposal, possibly next month, that would allow public companies to report earnings twice a year instead of the current mandatory quarterly requirement. The proposal, which stems partly from a petition by the Long Term Stock Exchange and received support from former President Donald Trump and SEC Chairman Paul Atkins, would make quarterly disclosures optional, not eliminate them entirely. Supporters argue that easing reporting requirements reduces short-term pressure on management and lowers compliance costs, potentially reversing the decline in public listings. Critics, however, caution that less frequent reporting could harm transparency and delay crucial financial information for investors. The U.S. is currently an outlier, as the European Union ended mandatory quarterly reporting in 2013, and the UK followed later.

(Source：Crypto Briefing)