Optional Quarterly Reports

The SEC is preparing a proposal to allow listed U.S. companies to make quarterly earnings reports optional, letting firms report performance twice a year instead of every 90 days. The change would be issued as a rulemaking (vote after a public comment period) and requires exchanges to adjust their listing rules. — Shifting from quarterly to semiannual reporting would reduce the frequency of mandatory disclosures, with major consequences for transparency, short‑termism incentives, retail and institutional investors, and market volatility.