SEC Chair Atkins Vows to Scrap Quarterly Corporate Reports, Says FT

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins pledged to roll back quarterly earnings reports “as soon as possible,” according to an article he wrote for the Financial Times on Monday. He framed the move as part of a broader push to minimize regulation and advance President Donald Trump’s proposal to end quarterly disclosures.

“The government should provide the minimum effective regulation necessary to protect investors while allowing businesses to thrive,” Atkins wrote, adding that reforms “should not be driven by political trends.”

Currently, the SEC requires listed companies to release financial statements every 90 days. Trump, who first endorsed the change in 2018, reiterated his support earlier this month.

Atkins did not specify a timeline for the shift, which would mark a major departure for U.S. corporations.

Some investors, however, have warned that scrapping quarterly reporting could reduce transparency and increase volatility, potentially making U.S. equities less attractive to global investors.