Why the SEC’s Proposal to Get Rid of Quarterly Reporting Is Bad for Investors

The SEC may soon let companies abandon quarterly reports despite 99.6% investor opposition, widening disclosure gaps and insider-trading risk.

• SEC proposal: The SEC, under Chairman Paul Atkins and encouraged by President Trump, is weighing letting public companies switch from quarterly (10-Q) to semiannual reporting, a framework in place since 1970.
• Investors overwhelmingly oppose it: Nearly 200,000 comment letters (plus 50,000 form letters) were filed, with 99.6% opposed per an Ohio State accounting professor's tally, per Mark Steinberg.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.