The U.S. Securities and Exchange Commission reportedly plans to propose canceling the requirement for listed companies to release quarterly earnings reports.

SighingCashier · 2026-03-17T07:10:32+00:00

The U.S. Securities and Exchange Commission plans to introduce a proposal as early as next month, recommending that listed companies change from quarterly financial reports to twice-yearly reports, making quarterly filings optional. This reform has been discussed with exchanges and will undergo public comment and voting. The proposal has the support of Trump and the SEC chair.

SighingCashier

2026-03-17 07:10:32

Abstract generation in progress

The Wall Street Journal quoted sources saying that the U.S. Securities and Exchange Commission (SEC) is expected to propose a bill next month recommending the elimination of the current mandatory quarterly financial reporting requirement for publicly traded companies, replacing it with biannual reports.

Switching to Twice a Year

The report states that the SEC has been consulting with major exchanges regarding the proposed bill and exploring potential rule changes involved. After the proposal is introduced, there will be a 30-day public comment period, followed by a vote by the SEC. The report indicates that the goal of this rule is to make quarterly reports optional rather than completely abolish them.

Data shows that in September last year, the Long-Term Stock Exchange (LTSE) submitted a proposal to the SEC to eliminate quarterly earnings reports, which was later supported by President Trump and SEC Chairman Paul Atkins.

For over 50 years, U.S. publicly traded companies have been releasing earnings reports every three months. During his first term, Trump briefly considered changing the reporting frequency to twice a year, but this was never implemented.

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