SEC Wants to Stop Requiring Quarterly Earnings. Why Some Advisors Don't Like It.

The SEC's proposal to shift public companies from quarterly to semiannual earnings reporting is raising concerns among financial advisors who rely on that data for client decision-making. Erin Koeppel, Managing Director, Government Relations and Public Policy Counsel at CFP Board, argues that standardized quarterly reports serve far more than individual investors — from credit-rating firms to analyst teams — and that reducing their frequency could even hamper the SEC's own ability to enforce securities laws.

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