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SEC to fast-track Trump's proposal to abolish quarterly corporate reporting and ease financial regulations
2025-09-29 05:37

Odaily Planet Daily News: The U.S. Securities and Exchange Commission has pledged to seek minimal regulation of Wall Street and speed up approval of Trump's proposal to abolish corporate quarterly reporting. Paul S. Atkins, the SEC chairman appointed by Trump this spring, said today that he would consider replacing the current requirement for listed companies to report every three months with semi-annual corporate reports. "The government should provide minimal effective regulation to protect investors while allowing businesses to thrive." The Trump administration has taken a more business-friendly stance while seeking greater control over independent federal agencies. The proposed relaxation of regulations for listed companies confirms that the U.S. government will relax regulations on listed companies to a greater extent. (FT)