US EditionSEC to propose rule change on Trump's call to end quarterly earnings reporting, says Chair Atkins
The Securities and Exchange Commission plans to let companies choose semiannual or quarterly reporting, aiming to ease regulatory burdens and align with foreign issuers' practices.
- On September 19, 2025, SEC Chair Paul Atkins announced plans to introduce a regulation that would permit companies to report their earnings twice a year instead of every quarter.
- This proposal follows President Donald Trump's recent advocacy to end quarterly reporting and switch to a six-month earnings schedule.
- Atkins noted that semiannual reporting is common among foreign private issuers and said the change could reduce short-term pressures and save costs for companies.
- He explained that if the proposed rule modification receives approval, individual companies will have the option to choose between continuing quarterly reports or moving to a semiannual schedule, allowing the market to determine the most appropriate reporting frequency.
- Given the SEC’s Republican 3-1 majority and one vacant seat, the rule change could proceed, potentially impacting transparency and corporate management focus.
19 Articles
19 Articles
Trump threw the stone again. What if we stopped making quarterly reports and passed them to semesters? In theory it sounds nice—less paperwork, more long-term vision for CEOs—but on Wall Street nothing is free. This change would not only touch investors, but also businesses, businesses, and even consumers who move to the pace of financial reporting. The real question is not whether money is saved, but who loses access and control in the process.…
SEC Backs Trump’s Proposal to Shift Earnings Reports From Quarterly to Semiannual
The Securities and Exchange Commission (SEC) intends to propose a rule change that would shift corporate earnings reporting from a quarterly schedule to a semiannual basis. Paul Atkins, head of the Wall Street regulatory watchdog, told CNBC’s “Squawk Box” on Sept. 10 that he welcomed President Donald Trump’s suggestion for the adjustment. “In principle, I think to propose change in what our rules are now, I think would be a good way forward, and…
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