US Securities and Exchange Commission Chairman Paul Atkins proposed that the frequency of disclosure of corporate earnings reports could be adjusted according to the size of the company. The SEC has been considering this reform since US President Trump called last year to change performance reports from quarterly reports to semi-annual reports. Atkins has promised to accelerate this potential solution and said the move would save the company significant time and money. If the reform plan is to move forward, the SEC needs to first send the draft rules to the White House for review and then solicit comments from the public. According to the past situation, it takes an average of about 18 months for the SEC to submit a draft until it is finally implemented. The media reported on Monday that the SEC may announce the plan as early as April. Speaking to reporters while attending the Digital Chamber's annual conference in Washington on Tuesday, Atkins did not comment on the plan's likely timeline. During Trump's first term, the SEC also considered abolishing the quarterly reporting system, but since no consensus was reached, related discussions were unable to advance.

US Securities and Exchange Commission Chairman Paul Atkins proposed that the frequency of disclosure of corporate earnings reports could be adjusted according to the size of the company. The SEC has been considering this reform since US President Trump called last year to change performance reports from quarterly reports to semi-annual reports. Atkins has promised to accelerate this potential solution and said the move would save the company significant time and money. If the reform plan is to move forward, the SEC needs to first send the draft rules to the White House for review and then solicit comments from the public. According to the past situation, it takes an average of about 18 months for the SEC to submit a draft until it is finally implemented. The media reported on Monday that the SEC may announce the plan as early as April. Speaking to reporters while attending the Digital Chamber's annual conference in Washington on Tuesday, Atkins did not comment on the plan's likely timeline. During Trump's first term, the SEC also considered abolishing the quarterly reporting system, but since no consensus was reached, related discussions were unable to advance.