COINOTAG News reported on September 15 that former President Trump posted on Truth Social, stating that, “With the approval of the U.S. Securities and Exchange Commission (SEC), companies should no longer be forced to do these quarterly reports,” and advocating a switch to reporting every six months to achieve greater cost savings and allow management to prioritize operations.
The proposal touches on reporting cadence and regulatory compliance considerations: any alteration to mandated filing frequencies would require SEC authorization and could affect investor transparency, disclosure practices and market participants’ access to periodic financial data. Market stakeholders typically weigh operational efficiencies against the need for timely public filings when evaluating such regulatory adjustments.