SEC 'prioritizing proposal' to allow companies to report results every six months instead of three

Group 1 - The SEC is considering allowing public companies to report financial results every six months instead of quarterly, following a request from President Trump to reduce regulatory burdens [1] - President Trump argues that a six-month reporting cycle would save companies money, enable better management focus, and enhance competitiveness against China [1] - The discussion highlights the issue of short-termism in corporate reporting, with references to Warren Buffett and Jamie Dimon's previous advocacy for less frequent earnings guidance [1][2] Group 2 - The potential shift to biannual reporting could lead to increased importance of investor conferences and meetings, raising concerns about information transparency [5] - The current quarterly reporting system involves numerous earnings seasons, with thousands of companies in the S&P 500, making the information more accessible to investors [4] - There is a general sentiment that while more information is preferred, the focus should remain on long-term performance rather than short-term projections [3][5]