President Calls for Six-Month Corporate Reporting Cycle, Citing Cost Savings

President Donald Trump called Monday for companies to report earnings every six months instead of quarterly. Trump posted on social media that semi-annual reporting would save money and let managers focus on running companies. The SEC mandated quarterly reports in 1970. Trump made similar comments in 2018 that prompted SEC public comment but no regulatory changes. Critics argue quarterly reporting increases costs and encourages short-term thinking. Supporters say frequent disclosures maintain investor trust and reduce market manipulation risks. Further reading: The Renewed Bid To End Quarterly Earnings Reports.

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