Paul Atkins, chairman of the U.S. Securities and Exchange Commission, announced his intention to move forward with accelerating President Donald Trump’s plans to eliminate mandatory quarterly reporting for listed companies , stressing that the goal is to reduce regulatory burdens and support the business environment.
In an opinion piece published in the Financial Times , Atkins explained that the government must ensure "the minimum effective regulation necessary to protect investors," noting that changes should be far removed from direct political agendas.
The current system requires American companies to release their financial statements every 90 days, which Trump and his supporters believe puts pressure on the executive management of companies and pushes them to focus on short-term results rather than long-term growth.
However, analysts and investors have warned that moving away from quarterly reports could lead to a decline in transparency and increased volatility in financial markets , which could negatively affect the attractiveness of US stocks to international investors.
Although Atkins did not specify a timetable for implementing these changes, their adoption would represent a radical shift in the financial disclosure rules for American companies, which is generating widespread controversy between supporters who see it as supporting growth and opponents who consider it a threat to market stability.
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