Miner Company
SEC preparing proposal to make quarterly reporting optional, WSJ reports
The Securities and Exchange Commission (SEC) is preparing a proposal that would allow US public companies to switch from quarterly to semiannual earnings reporting, potentially ending a 50-year-old requirement, The Wall Street Journal reported. Under the plan, companies would be able to submit financial disclosures twice a year rather than four times, though quarterly reporting would remain optional.
The Securities and Exchange Commission (SEC) is preparing a proposal that would allow US public companies to switch from quarterly to semiannual earnings reporting, potentially ending a 50-year-old requirement, The Wall Street Journal reported. Under the plan, companies would be able to submit financial disclosures twice a year rather than four times, though quarterly reporting would remain optional.