The Securities and Exchange Commission (SEC) announced today a proposed rule and amendment that would give public companies the option of filing semiannual reports in lieu of quarterly reports to meet their interim reporting obligations under the federal securities laws. Under the proposal, the filing deadline for semiannual reports on Form 10-S would be 40 or 45 days, depending on the company’s filer status, after the end of the first semiannual period of the fiscal year. The proposal also would amend Regulation S-X, which governs the financial statement requirements for periodic reports, registration statements, and proxy statements, to reflect the new semiannual reporting option and simplify the existing financial statement requirements.
The proposal will be out for a 60-day public comment period ending July 6, 2026.
Read the announcement.
Read the SEC proposal.
Read the fact sheet.
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