SEC Prepares Proposal to Eliminate Quarterly Reporting Requirement

    https://www.wsj.com/finance/regulation/sec-prepares-proposal-to-eliminate-quarterly-reporting-requirement-1d700bbb

    Posted by AegonTheMeh

    44 Comments

    1. > The Securities and Exchange Commission is preparing a proposal to eliminate the requirement to report earnings quarterly and instead give companies the option to share results twice a year, according to people familiar with the matter.

      > The regulator could publish the proposal as soon as next month, the people said. In preparation for the proposal, regulators have been talking to officials at the major exchanges to discuss how they may need to adjust their rules. 

      > Once the proposal is published, it will be subject to a public comment period. After that period, which typically lasts at least 30 days, the SEC will vote on it. There are no guarantees it will ultimately happen.

      > The rule is expected to make quarterly reporting optional, not eliminate quarterly reports altogether. 

    2. SECdeezTrades on

      Former SEC here

      Basically there’s no backbone to actually investigate and prosecute fraud nowadays.

      So no reason to clog the system with those pesky quarterly reports.

      GG everyone.

    3. christ

      let’s hope the exchanges mandate quarterly reporting instead, as a listing requirement

    4. Character_Lunch_5083 on

      Curious why this would make sense / why spend time trying to push it through

    5. GoZukkYourself on

      Why stop there? Why not also get rid of GAAP and let companies report whatever numbers they want?

    6. Straight-Ad6926 on

      Poor executives. Writing those 10-Qs must be so exhausting when they could be spending that time focusing on more important things like stock buybacks.

    7. SunriseSurprise on

      Lol could just see semi-annual reports then swinging valuations like -80% – +300%.

    8. DoubleFamous5751 on

      They’re preparing to eliminate reporting, I’m preparing my anus to be destroyed. We are the same?

    9. ZimaEnthusiast on

      Listened to them talk about this at a conference. General takeaway was that almost no one actually wants this so most companies will still do quarterly reporting

    10. Sea_Bear7754 on

      On one hand if this means I don’t have to sit on a stupid ass earnings call to hear my CEO jerk off into the phone that’s probably a good thing.

      On the other hand, when my company crushes an earnings call I know layoffs are coming so it gives me time to prepare.

      Idk man calls and puts.

    11. Dull-Buy-2776 on

      This would probably help this sub because having it twice a year instead of quarterly is going to make stocks even more volatile during earnings

    12. RegicidalRogue on

      Fuck yeah, let’s do everything we can to hide earnings. Can’t fact check shit if the facts aren’t easy to find EZ

    13. I need a top 500 companies that quarterly report etf. This is bullshit they want to keep investors in the dark.

    14. Blankaccount111 on

      The only silver lining here. Removing the requirement doesn’t mean that they have to stop. I suppose that the stable companies will just report as normal. Cant wait to see vix hit 90 for the rest of the market.

    15. Adam88Analyst on

      After vibecoding, we get vibeaccounting. Looks like 2026 is about get more interesting.

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