Fmr. SEC chair Gensler: Markets will be more volatile if companies only report earnings twice a year

Regulatory Landscape & Policy - The SEC is considering President Trump's proposal to end quarterly reports, a policy previously removed under the Biden administration [1][2] - Transparency through quarterly reporting is seen as beneficial for market stability, with concerns that less frequent reporting (twice a year) could increase market volatility [2][3] - Corporate disclosure creates a public good, but also carries costs for companies [7] - Elections have consequences, leading to potential shifts in SEC priorities and approaches under different administrations [16] Market Dynamics & Investment - Long-term investing is considered a driver of the current economy, exemplified by significant spending (estimated at $200-300 billion annually) on artificial intelligence by mega-cap companies [5] - There's a debate on whether an AI bubble exists, with investors closely examining the field's profitability [12][13] - US capital markets have a lively competition between public and private markets, with liquid equity markets being four times larger than all of Europe [10] - Concentration is high, with the top 10 stocks representing 40% of the S&P [11] Crypto & Investor Protection - The previous SEC administration took a firm stance on crypto regulation, bringing approximately 100 cases to ensure investor protection [17] - Concerns exist regarding the speculative and risky nature of crypto assets, particularly tokens not tied to fundamentals [19]