The Securities and Exchange Commission (SEC) on May 5, 2026, issued a rule proposal that would give public companies the option to provide semiannual reports.
The proposal was expected as SEC Chairman Paul Atkins had made it a priority and placed the project on the commission’s fast-track rulemaking agenda last year as part of his goal to “make IPOs great again.” It is also in response to President Trump’s personal recommendation in September 2025 that the SEC revise the reporting rules so that public companies would not be required to report on a quarterly basis.
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