SEC proposes optional semiannual reporting for public companies, sparking investor concerns over transparency.

The U.S. Securities and Exchange Commission (SEC) has proposed allowing publicly traded companies to switch from quarterly to optional semiannual financial reporting. This change aims to provide companies and investors more flexibility in reporting frequency without altering the type of information disclosed. While the SEC says companies can still hold quarterly earnings calls, some investors worry this will reduce transparency and make it harder to track company performance. The proposal is open for public comment for 60 days, and companies can opt back to quarterly reporting annually if desired.