United StatesMěiguó美国Securities and Exchange CommissionZhèngjiānhuì证监会to proposetíyì提议to allow / to permityǔnxǔ允许listed companies / public companiesshàngshì gōngsī上市公司to change to / to switch togǎiwéi改为every year / annuallyměinián每年twiceliǎng cì两次to disclosepīlù披露financial results / earningsyèjì业绩。
May 7, 2026 at 3:00 AM
New Words
News in English
BusinessSEC Proposes Letting Public Companies Replace Quarterly Reports With Semiannual Filings
The SEC proposed on May 5 to let listed companies file earnings reports twice a year instead of quarterly. Supporters say the change encourages long-term thinking, but critics warn it could reduce transparency for retail investors.
On May 5th, the U.S. Securities and Exchange Commission (SEC) put forward a regulatory proposal to amend securities rules. The proposal would allow listed companies to voluntarily choose to submit an interim financial report every half year, replacing the current requirement of three quarterly reports.
This proposal aligns with Trump's long-standing advocacy that mandatory quarterly reporting encourages short-term thinking. The SEC stated that switching to semi-annual reporting could reduce companies' compliance costs and allow management to focus more on day-to-day operations.
Critics, however, argue that reducing the frequency of information disclosure would harm the interests of retail investors. According to the new rules, companies choosing semi-annual reporting must submit their reports within 40 to 45 days after the half-year period ends.
The proposal has currently entered a 60-day public comment period.
More in Business
datashùjù数据analysisfēnxī分析companygōngsī公司EXL (data analytics company)EXLEXLto announcexuānbù宣布to acquireshōugòu收购artificial intelligencerén gōng zhì néng人工智能trainingxùnliàn训练companygōngsī公司iMerit (AI training company)iMeritiMerit。
Data Analytics Firm EXL to Acquire AI Training Company iMerit for Up to $310 Million
MSCI (financial data company)Míngshèng明晟for / at (a price)yǐ以$120 million1.2 yì měiyuán1.2亿美元to acquire / acquisitionshōugòu收购climateqìhòu气候riskfēngxiǎn风险datashùjù数据companygōngsī公司First Street (climate data company)First StreetFirst Street。
MSCI Acquires Climate Risk Data Firm First Street for $120 Million
Samsung (company)Sānxīng三星to announcexuānbù宣布within ten yearsshí nián nèi十年内in / atzài在South KoreaHánguó韩国to investtóuzī投资$648 billion6480 yì měiyuán6480亿美元。
Samsung Pledges $648 Billion Investment in South Korea Over Next Decade
fourthdì sì jiè第四届Chinazhōngguó中国internationalguójì国际supply chaingōngyìng liàn供应链expobólǎn huì博览会inzài在Beijingběijīng北京openskāimù开幕。
Fourth China International Supply Chain Expo Opens in Beijing