The U.S. Securities and Exchange Commission (SEC) plans to expedite the approval of a proposal by Trump to abolish quarterly corporate reporting, aiming to ease financial regulations. SEC Chairman Paul S. Atkins, appointed by Trump, announced the consideration of replacing the current quarterly reporting requirement with semiannual reports. This move aligns with the Trump administration's business-friendly approach and its efforts to reduce regulatory burdens on public companies. Atkins emphasized the need for minimal regulation to protect investors while fostering business growth.