· Paul S. Atkins · U.S. Securities and Exchange Commission WikiRemarks at the Stanford Rock Center for Corporate Governance
Read full speech on sec.gov ↗ContextSpeech by Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission.
Why it mattersExplains the proposal to let US companies report twice a year instead of quarterly.
Problems raised
- Quarterly reporting is rigid and costly.
- Disclosure rules ignore company size and maturity.
- The 1933 Act framework is outdated.
Solutions proposed
- Offer an optional semiannual reporting cadence.
- Adopt filer status reform scaled to size and age.
- Modernise securities offering rules.