SEC Proposes Ending Quarterly Earnings Reports for Public Companies, Switching to Semiannual Reporting
The SEC has proposed ending the requirement for public companies to report quarterly earnings, shifting to a semiannual reporting schedule. This change is argued to reduce the burden on small and medium-sized companies, though it may lead to weaker financial monitoring. The proposal has been reported by Reuters and the Wall Street Journal.
Topics: financial reporting public companies quarterly earnings reports regulatory changes SEC