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SEC’s semiannual filing proposal faces major backlash

Two women standing up at file drawers filing record cards.
Photo: Getty Images/Camerique

Alexander Barzacanos

1 min read
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The rule proposal generated a slew of overwhelmingly negative comments.

In May, the SEC proposed giving public companies a choice between continuing to report quarterly and moving to a new semiannual reporting schedule.

According to the proposal, companies choosing the new option would replace three quarterly Form 10-Q reports with one new Form 10-S, covering the first six months of

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