SEC Proposes Shift to Semiannual Reporting for Public Companies
SEC Proposes Shift to Semiannual Reporting for Public Companies The U.S. Securities and Exchange Commission (SEC) announced a proposal on May 5 that would permit public companies to transition from mandatory quarterly financial reporting to a semiannual schedule. Under the new framework, firms could opt to file a semiannual report on the proposed Form 10-S,…