SEC Chair Proposes Adjusting Financial Reporting Disclosure Frequency Based on Company Size

K-LinePoet · 2026-03-18T00:03:55+00:00

U.S. SEC Chair Paul Atkins proposed adjusting financial reporting disclosure frequency based on company size, aiming to save time and costs for enterprises. The reform requires submission to the White House for review first, followed by public comment, with the SEC expected to unveil the plan in April.

K-LinePoet

2026-03-18 00:03:55

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The chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, proposed adjusting the frequency of corporate financial disclosures based on company size. Since President Trump called for changing the reporting from quarterly to semi-annual last year, the SEC has been considering this reform. Atkins had promised to accelerate the potential plan, stating that it could save companies significant time and costs. To move forward with this reform, the SEC needs to submit a draft rule to the White House for review and then seek public comment. Historically, it takes about 18 months on average for the SEC to go from proposing a draft to final implementation. Media reports on Monday indicated that the SEC might announce the plan as early as April. On Tuesday, Atkins spoke to reporters at the Digital Chamber’s annual meeting in Washington but did not comment on the possible timeline for the plan. During Trump’s first term, the SEC also considered eliminating quarterly reporting, but due to a lack of consensus, the discussion did not advance.

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