SEC Proposes Ending Mandatory Quarterly Earnings Reports, Aligning with Trump's Advocacy
The SEC has proposed a rule change allowing public companies to replace quarterly earnings reports with semiannual filings, a move aligned with Trump's long-standing argument that quarterly reporting promotes short-term thinking. The change aims to give companies more flexibility in reporting frequency, though it has sparked debate over transparency and investor impact.
Topics: financial disclosure quarterly reporting regulatory reform SEC semiannual reporting