Overview

• In a Truth Social post on Sept. 15, the president urged moving to six‑month reporting, saying it would cut costs and let executives focus on longer‑term goals.
• Trump noted the change would require SEC approval, and analysts say the agency would need months to draft a proposal and gather data and public comment.
• LTSE says it plans to petition the SEC to allow semiannual disclosures, arguing the option would reduce burdens on listed companies.
• Backers including Jamie Dimon and Warren Buffett have long argued quarterly earnings encourage short‑termism that undermines strategy and investment.
• Investor groups and academics warn less frequent updates would reduce transparency, impair price discovery, and widen windows for insider trading, even as the U.K. and parts of the EU no longer mandate quarterly reports.