SEC plan to halve company reporting advances after White House review

9 articles · Updated · Bloomberg · May 1

The review was completed earlier this week, clearing the SEC to formally propose semiannual reporting for public companies and open a public comment period.
After feedback is gathered, SEC commissioners must vote again on a final rule before the change can take effect, a process that typically takes months.
If adopted, the plan would let listed companies replace quarterly disclosures with twice-yearly reporting, marking a significant shift in US corporate disclosure requirements.

If most companies continue quarterly updates to satisfy investor demands, will the SEC’s proposal deliver any real benefits or just add complexity?

How might global trends and advances in analytics reshape the need for frequent financial disclosures in the future?