On September 19, 2025, SEC Chair Paul Atkins announced the agency is prioritizing a proposal to shift public companies from quarterly to semiannual financial reporting, following President Donald Trump’s call on September 15, 2025, to “make IPOs great again,” per. This revisits Trump’s 2018 idea to curb “short-termism,” allowing firms to focus on long-term growth over quarterly pressures, per. Atkins stated the staff is preparing recommendations, with the SEC exploring optional semiannual standards to cut compliance costs, per.
The proposal applies to all public companies, including crypto firms, potentially reducing disclosure frequency and raising concerns for volatile assets like Bitcoin (BTC) and Ethereum (ETH), per. Less frequent reporting could widen bid-ask spreads and increase information asymmetry, per. Institutional investors may benefit from freed capital, but crypto markets with $3.8T total cap face heightened volatility, per. X posts from @KobeissiLetter warn of reduced transparency, echoing Tel-Aviv Stock Exchange’s 2017 shift that lowered firm values, per.
Past examples, like the EU and UK’s 2014 semiannual move, correlated with diminished firm values despite voluntary quarterly disclosures, per. Foreign private issuers already report semiannually under SEC rules, providing a model, but domestic firms may see 77% higher compliance costs from quarterly filings, per. Trump’s backing accelerates rulemaking, per, but critics argue it favors executives over investors, per. Norway’s sovereign fund and Long-Term Stock Exchange support less frequent reporting for strategic focus, per.
The proposal could boost IPOs and crypto innovation, with BTC ($113,234) and ETH ($4,070) stable but sensitive to changes, per CoinMarketCap. Monitor SEC updates on sec.gov and FOMC minutes via federalreserve.gov. Dollar cost average into BTC or ETH with stop-losses below $112,000 and $4,000, or diversify into USDC, per TradingView. Follow @TheBlock__ on X for insights. If adopted, semiannual reporting may unlock $1T in capital by 2026, per, but transparency risks could spike volatility, per.
