SEC Proposes Ending 56-Year Quarterly Filing Rule for US Companies

5 articles · Updated · Bloomberg · May 15

SEC regulators, urged by the White House, have proposed scrapping the 56-year requirement that US-listed companies file quarterly reports.
The push is framed as a way to cut compliance time and costs and to address the long decline in the number of public companies.
The proposal comes with US stocks near record highs, blunting the case that markets need less frequent disclosure.
Critics argue the change would weaken transparency in the world’s largest equity market, especially when investors in the AI era want more financial data, not less.

In an AI era demanding more data, why is the SEC proposing to reduce the flow of vital company information?

If semiannual reports failed to boost UK markets, why does the SEC believe it will revitalize US IPOs?