SEC Considers Trump’s Proposal to Shift from Quarterly to Semi-Annual Corporate Reporting

The Securities and Exchange Commission is evaluating a proposal to reduce the frequency of corporate earnings reports from quarterly to semi-annually, following a social media push by former President Donald Trump. The MOVE aims to cut regulatory burdens and allow companies to focus on long-term strategies rather than short-term performance.

Quarterly reporting became mandatory in 1970 as part of post-1929 crash transparency measures. A shift to biannual disclosures could reshape investor expectations and corporate behavior in the world's largest equity market. "This will save money and allow managers to focus on properly running their companies," TRUMP stated in his post.

The debate pits transparency advocates against proponents of reduced regulatory overhead. SEC officials confirmed they're prioritizing the proposal as part of broader efforts to streamline corporate compliance requirements. Market participants are divided on whether less frequent reporting WOULD enhance strategic planning or obscure material information.