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The norm in other countries is 6 months. That's enough time to get the mid-year numbers to be reviewed by an auditor.

I don't think malice of the decision.

At least what I saw, which might be inaccurate, is that in countries with 6 month mandatory reporting, most companies still choose to report quarterly or investors start to get nervous.

Hard to disentangle that from quarterly being the US standard, what with it being the most robust capital markets and nexus of major financial transactions.

Please read the article.

> The WSJ report added that the rule is expected to make quarterly reporting optional and not eliminate it altogether.

So companies can still do their quarterly reporting if they and their investors want that.

Thats exactly what they said

Fair enough. I misunderstood.

I don't understand arguments like this.

Universal healthcare? Democratic rule of law? Affordable living wage?

Nah, I'll bang the drum of international equality for corporate malfeasance.

The timing with all the AI IPOs that _really really need_ to happen this year or else is very sus

And allow more insider trading.