Overview

• President Trump renewed his call to replace quarterly filings with semiannual reporting, and the SEC says it is giving the idea priority consideration.
• SEC Chairman Paul Atkins has publicly signaled sympathy for reducing mandated frequency, though no draft rule or timetable has been released.
• The path forward would require staff analysis, a formal proposal, public feedback, and a commission vote; analysts estimate drafting alone could take at least six months.
• Backers cite lower compliance costs and less short‑term pressure, while critics warn of weaker transparency, higher capital costs, greater volatility, and more scope for insider advantage.
• Legal analysts outline possible designs from eliminating Form 10‑Q in favor of a midyear update to a flexible regime, with companies still free to disclose more often and file 8‑Ks for material news.