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SEC Considers Semi-Annual Reports to Cut Costs

10/6/2025

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Summary

Story summary

The SEC weighs a rule to allow semi-annual reports for public companies, prompted by former President Trump.
The change could save time and money but may cut audits for Deloitte, Ernst & Young (EY), KPMG, PricewaterhouseCoopers (PwC) by up to 15% of annual fees.
Quarterly reporting costs range from $50,000 to over $1 million. Semi-annual filings would ease this burden.

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Story summary

The SEC weighs a rule to allow semi-annual reports for public companies, prompted by former President Trump.
The change could save time and money but may cut audits for Deloitte, Ernst & Young (EY), KPMG, PricewaterhouseCoopers (PwC) by up to 15% of annual fees.
Quarterly reporting costs range from $50,000 to over $1 million. Semi-annual filings would ease this burden.