SEC proposes semiannual reporting option for public companies
Updated
Updated · CNBC · May 5
SEC proposes semiannual reporting option for public companies
4 articles · Updated · CNBC · May 5
The plan would create a new 10-S filing to replace mandatory quarterly 10-Qs, while keeping annual reports, and now enters a 60-day public comment period.
Chair Paul Atkins said the change would let companies and investors decide interim reporting frequency, echoing Donald Trump's long-running argument that quarterly filings encourage short-termism.
The proposal is likely to revive debate across Wall Street and corporate America, with critics warning of weaker transparency for retail investors and supporters saying it could aid long-term planning.
As the US mulls semiannual reporting, is it boosting long-term growth or creating a risky information vacuum for investors?
Will ditching quarterly reports truly help US markets compete globally, or just align them with a weaker standard?