Overview

• Trump urged that public companies move from quarterly to six‑month reporting, noting any change would require SEC approval.
• The Long‑Term Stock Exchange plans to petition the SEC to permit semiannual filings in place of 10‑Q reports.
• An SEC spokesperson said the agency is prioritizing the proposal at Trump’s request, but any rule change would still take months of rulemaking and public comment.
• A report claiming the SEC has already ended quarterly filings is disputed, and no change to the reporting requirement is currently in force.
• Backers cite lower compliance costs and longer‑term focus, while investor groups and academics warn of reduced transparency and greater insider advantage; Europe and the U.K. already rely largely on semiannual updates.