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SEC Plans to Adjust Disclosure Frequency According to Company Size
Summary: According to market reports, the Chairman of the U.S. Securities and Exchange Commission (SEC) has proposed adjusting disclosure frequency based on company size. The regulatory agency is currently evaluating modifications to financial reporting requirements. Following President Trump's call last year to change financial reporting frequency from quarterly to semi-annually, the SEC has been advancing related ...
According to market reports, the Chairman of the U.S. Securities and Exchange Commission (SEC) has proposed adjusting disclosure frequency based on company size. The regulatory agency is currently evaluating modifications to financial reporting requirements. Following President Trump's call last year to change financial reporting frequency from quarterly to semi-annually, the SEC has been advancing related reforms. SEC Chairman Atkins previously pledged to expedite this potential plan, stating that the adjustment could save companies significant time and costs. Before soliciting public feedback, the SEC must first submit a draft proposal to the White House for review. Historically, it has taken approximately 18 months for SEC rules to go from proposal to final implementation.
