Story
US SEC preparing to scrap quarterly reporting requirement
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Overview
The U.S. Securities and Exchange Commission is preparing a proposal to eliminate the requirement for companies to report earnings quarterly, allowing them the option to report twice a year instead. The proposal may be published as soon as next month, with discussions ongoing between regulators and major exchanges about potential rule adjustments.
Summary from reuters.com.
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Hacker News · reuters.com
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Based on 5 sampled comments from this thread. Analyzed 2026-03-17.
- Praise: Moving to semi-annual reporting could reduce the pressure on executives to manipulate quarterly results, allowing for better long-term focus and decision-making.
- Concern: Delaying financial reporting while increasing liquidity could lead to greater manipulation and a lack of transparency, raising concerns about insider trading.