The Wall Street Journal just reported that President Trump is considering eliminating quarterly reporting for US issuers (WSJ Article). Wow! It is an interesting argument – will companies somehow perform better if they were not having to report earnings four times a year? What about investor uncertainty? I will try later to post links to some academic research that has established that information in 10-Qs has significant price implications. I spent much of the weekend trying to sort out how we can quickly get the new data that I expect to see when companies start filing under ASU-2024-03 but frankly I was wondering in the back of my mind if the SEC would somehow lessen the impact of that standard. I did not imagine this.