06:08 AM EDT, 09/29/2025 (MT Newswires) -- The US Securities and Exchange Commission should allow the market to "dictate the optimal reporting frequency" for companies to report their financial results, the Financial Times reported Monday, citing Chair Paul Atkins.

"Mandatory quarterly reporting is hardly a cornerstone of the dynamism that distinguishes our capital markets," Atkins reportedly said. "Giving companies the option to report semi-annually is not a retreat from transparency. Instead, it puts a renewed focus on market-driven disclosure practices that favor the interests of companies and their investors over prescriptive regulatory mandates."

Atkins urged the government to provide "the minimum effective dose of regulation" required to protect investors while enabling businesses to flourish, according to the report.

Atkins said he was "fast-tracking [US President Donald Trump's] proposal to equip companies with the option to report on a semi-annual basis, rather than locking them into the current quarterly reporting regime."

The SEC didn't immediately respond to MT Newswires' request for comment.

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