US SEC preparing to scrap quarterly reporting requirement, WSJ reports

The U.S. Securities and Exchange Commission is preparing a proposal to scrap the requirement for companies to report their earnings every quarter and giving them the option to share results twice a year, the Wall Street Journal reported on Monday.

Source: https://www.investing.com/news/stock-market-news/us-sec-preparing-to-eliminate-quarterly-reporting-requirement-wsj-says-4563789