[SEC Chairman Says Will Accelerate Trump's Proposal to End Mandatory Quarterly Reports] According to Golden Finance, Wall Street's top regulatory body has pledged to accelerate President Donald Trump's proposal to terminate the requirement for most companies to release quarterly financial reports. This marks Trump's latest move in the long-standing debate over transparency in the U.S. capital markets. Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated that under the proposal, companies could opt to release financial reports semi-annually, though many companies may still choose to disclose quarterly performance.