SEC’s Earnings Reporting Shift Sparks Outcry | Business and Finance News

The SEC’s bold proposal to slash quarterly earnings reports from four to just two times a year has ignited a firestorm of public backlash—over 200,000 comments later, most oppose the move, arguing that less frequent updates hurt investors and nonprofits alike. Teachers likened it to skipping student grades, while a cancer trial nonprofit credited quarterly reports with catching a critical supply chain flaw. Even big names like Exxon Mobil and Gallagher weighed in—Exxon opposed the change, calling quarterly reports vital, while Gallagher suggested a compromise: three times a year. Despite the avalanche of feedback, the SEC may still push ahead, tweaking the plan as they sift through the noise. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4e0e8b736a972755