【US Equity Focus】SEC Reportedly Cancels Mandatory Quarterly Earnings Disclosure Requirement for Listed Companies, Allowing Enterprises to Release Results Semiannually

SocialAnxietyStaker · 2026-03-17T08:02:53+00:00

The U.S. Securities and Exchange Commission (SEC) plans to propose a rule that would allow public companies to choose to disclose financial reports every six months, with the aim of reducing compliance costs and time expenditure. The proposal will be put to a vote following public comment, with supporters arguing that this measure would help reverse the declining trend in the number of public companies.

SocialAnxietyStaker

2026-03-17 08:02:53

Abstract generation in progress

Foreign media citing sources indicate that the U.S. Securities and Exchange Commission (SEC) is expected to propose a bill as early as next month, suggesting the removal of the mandatory requirement for publicly traded companies to release quarterly financial reports, allowing companies to choose to publish their earnings every six months.

Reports say that the SEC has already met with officials from major stock exchanges to discuss how to adjust related rules. After the proposal is made, there will be a public consultation period of 30 days, followed by a vote by the SEC. The intention of this rule is to make quarterly reports optional rather than completely abolish them.

Reducing Time and Compliance Costs

Supporters of this reform believe that preparing quarterly reports consumes a lot of time and significantly increases compliance costs for listed companies. They believe that reducing the frequency of information disclosure could help reverse the long-term decline in the number of U.S. publicly traded companies.

For over 50 years, U.S. listed companies have maintained quarterly earnings releases. During his first term, Trump briefly considered changing the reporting requirement to semi-annual, but this was ultimately not implemented.

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