SEC proposal to end quarterly reporting lifts bets on approval

7 articles · Updated · CNBC · May 6

Kalshi odds for approval by April 2027 jumped to 73% from 46%, while chances by Jan. 1, 2027 stood near 57%; Polymarket put 2026 odds at 51%.
The rule would shift listed companies to semiannual financial reporting, but first faces a 60-day public comment period once published in the Federal Register.
A 279-page proposal and SEC rulemaking history suggest final adoption usually takes at least a year, making traders' expectations for 2026 or early 2027 notably faster than normal.

Could prediction markets offer better real-time insights than the old quarterly reporting system?

With less frequent reports, will insider trading and sudden market shocks become the new normal?

Is ditching quarterly reports a path to long-term growth or a gamble that will lose investor trust?