SEC Chair Fast-Tracks Trump’s Proposal to Ease Quarterly Reporting Rules
SEC Chair Paul Atkins is accelerating President Trump's push to allow public companies to opt for semi-annual financial disclosures instead of quarterly reports. In a Financial Times editorial, Atkins framed the MOVE as reducing regulatory friction while maintaining investor protections—a stark contrast to former Chair Gary Gensler's approach.
The proposal hinges on market-driven flexibility, with Atkins arguing that reporting frequency should reflect a company's sector, scale, and investor base rather than rigid SEC mandates. Notably, UK markets adopted semi-annual reporting in 2014, yet many firms continue voluntary quarterly updates—a precedent Atkins cites as evidence that markets self-correct.