미 SEC, 분기 실적보고 의무 완화 검토 — 반기보고 선택 허용 ⚖️

Let’s just get to the end state and eliminate all reporting.

We’ll just trade on vibes, feels, memes, charts, insider trading, and Kalshi predictions.

A 24-hour trading cycle with no days off and no insight into company performance.

Just gamble until bankruptcy.

Lmao make it more of a clownshow than it is

Doesn’t still make sense how making earnings semi annual vs quarterly will help companies focus on long term. 3 additional month doesn’t sound like long term to me.

FYI semiannual reporting us standard in EU, China, UK, Australia, and many other places. So with this US would go more in line with most other big markets.

What is the benefit of this

So they can hide everything for a year and let retail holding the bags, yet again

Hoooooooly shit! So, it's pure casino now? Except they scrubbed all the numbers from the roulette?

This isn’t a big deal. The big and established companies will continue to report quarterly. Any company that chooses to report only twice a year will be hit by a risk premium. For long term investors this is immaterial. Just don’t invest in crap companies and you will be fine.

Absolute BS,a company could be sinking into the dumpster and shareholders get caught in a Star Wars Trash compactor,won't be worth holding Anything if they let that happen

lol, won’t stop regular folk from not being able to buy a home, fill up their tank, afford groceries, pay their bills…

This would be a pretty big shift for U.S. markets. Quarterly reporting has shaped how investors think about companies for decades, but it also arguably pushes management toward short-term decision making just to “hit the quarter.”

If it becomes optional, my guess is the strongest companies will still report quarterly because transparency builds trust with investors. The interesting question is whether smaller companies would actually choose less frequent reporting, or if the market would penalize them for it.

People act like this is some wild/novel idea but its actually very common to only require semi-annual reporting in many other markets. All of Europe, Australia, and lot of other regional stock markets only use semi-annual reporting. East Asia like Japan/SK uses quarterly still. Canada is in the process of also testing out semi-annual reporting. It's not as simple as "oh obviously they want things to be less transparent to screw retail!". That might be one side effect, but there are benefits such as allowing companies to focus on longer term financials rather than jumping through hoops every 3 months always focusing on short term reporting. Also its actually pretty expensive to compile the data for comprehensive financial reports, so doing it semi-annually will cost the cost in half and save companies a lot of money too. Basically there are pros and cons to each, and semi-annual reporting is already fairly common throughout the world as is quarterly reporting. It's not a totally crazy or novel idea though that people here are making it out to be.

Warren Buffett proposed this idea decades ago.

We will very quickly see what companies are serious and which are not

What's the tldr of what they're proposing to replace it with?