SEC Proposes Rule Amendments to Permit Optional Semiannual Reporting

On May 19, 2026, Cravath prepared a memo for its clients entitled “SEC Proposes Rule Amendments to Permit Optional Semiannual Reporting.” The memo examines the U.S. Securities and Exchange Commission’s recently proposed rule amendments that would allow SEC registrants required to file three quarterly reports per fiscal year under existing rules to elect to file a single semiannual report instead.

The Proposed Amendments would also change certain requirements under Regulation S-X to facilitate semiannual reporting and simplify rules regarding the required age of financial statements in registration and proxy statements.

Please click here to read the memo.