The U.S. securities regulatory shift, SEC plans to cancel quarterly reports, supports cryptocurrency development
The new chairman of the SEC, Paul Atkins, stated that he plans to eliminate the mandatory quarterly reports for listed companies, allowing them to switch to semi-annual reports. He also proposed the "minimum effective dose" regulatory principle, advocating for relaxed information disclosure requirements and supporting companies in deciding their reporting frequency based on market demand. This position is highly consistent with Trump's pro-business policies, representing a comprehensive shift of the SEC from strict regulation to "light-touch" regulation.At the same time, the SEC's attitude towards cryptocurrency regulation is also changing, moving from a previously high-pressure review to a more open acceptance, providing more possibilities for compliance of digital assets. However, some investors are concerned that this move may weaken market transparency and affect the decision-making efficiency of retail investors. This reform by the SEC may have a profound impact on the U.S. financial market and global compliance trends.
