SEC chair on potential shift to end quarterly earnings

• SEC Chair suggests semi-annual reporting might make more sense for smaller companies.
• Notes that analysts often prioritize earnings calls over formal 10-Q filings.
• Calls for a re-evaluation of quarterly reporting requirements after over 50 years.

SEC Chairman Paul Atkins discusses the potential shift from quarterly to semi-annual earnings reports, particularly for smaller companies. He suggests that this change could reduce reporting burdens and that analysts already focus more on earnings calls than formal 10-Q filings. Atkins believes it's time to re-evaluate the current reporting cadence.