Foreign media: U.S. SEC is preparing a proposal to eliminate the mandatory quarterly reporting requirements for companies

GateUser-bd883c58 · 2026-03-18T07:45:40+00:00

The U.S. SEC is proposing to eliminate mandatory quarterly reporting, allowing companies to release earnings reports twice annually, aimed at easing the declining trend of public company listings. However, this move may face opposition from investors, as they rely on the transparency provided by regular information disclosure.

GateUser-bd883c58

2026-03-18 07:45:40

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AI SEC Proposal to Reduce Quarterly Reports: Can It Ease the Decline in Public Companies?

According to The Wall Street Journal on Monday, the U.S. Securities and Exchange Commission (SEC) is preparing a proposal to eliminate the mandatory requirement for companies to report quarterly earnings, allowing firms to choose to release performance reports twice a year.

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Citing sources familiar with the matter, the report states that the proposal could be announced as early as next month. The regulatory agency is currently consulting with major exchanges to discuss how to adjust related rules. After the proposal is announced, it will enter a public comment period, which typically lasts at least 30 days. Following this, the SEC will vote on the proposal.

The report suggests that this rule will make quarterly reports optional rather than completely abolishing the quarterly reporting system.

Additionally, supporters of reducing disclosure frequency believe this change could help boost the declining number of publicly listed companies in the U.S. One common reason companies choose to go private is that maintaining a public listing involves a lot of time-consuming and costly administrative work. However, any change is likely to face opposition from investors, who rely on regular disclosures for transparency.

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