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US SEC plans to allow listed companies to replace quarterly reports with semi-annual reports, reducing disclosure frequency from four times a year to twice.

US SEC plans to allow listed companies to replace quarterly reports with semi-annual reports, reducing disclosure frequency from four times a year to twice.

``` The U.S. Securities and Exchange Commission (SEC) has proposed rule amendments to grant listed companies the option to substitute semiannual reports for quarterly reports, which will significantly reduce the frequency of corporate information disclosure. SEC Chairman Paul S. Atkins stated in a declaration that the rigidity of current rules