Trump said on Twitter that meetings with business leaders had convinced him that the change would give companies more flexibility and reduce costs. He added that he has asked the SEC to examine moving to a six-month reporting schedule, instead of the current system of reporting corporate results every three months.
Half-yearly reporting would mark a huge change in US disclosure requirements and put them in line with European Union and United Kingdom rules.
Tesla CEO Elon Musk, for instance, wrote in a letter to employees last week that being a publicly traded company "subjects us to the quarterly earnings cycle that puts enormous pressure on Tesla to make decisions that may be right for a given quarter, but not necessarily right for the long-term".
The SEC requires listed United States companies to issue quarterly and annual financial reports to keep investors informed about their financial position.
Indeed, corporate stocks are known to see sharp gains and falls on the heels of quarterly earnings releases that beat or miss forecasts - and market watchers have often said investors' quick reactions are unwarranted or ill-advised.
He said outgoing PepsiCo Inc (PEP.O) Chief Executive Indra Nooyi had brought it up to him. "In the end, all companies have to balance short-term and long-term performance".
Publicly traded companies in the United States, as well as Canada, now file their earnings reports every three months, or four times per year.
"I'd like to see twice, but we're going to see", Trump later told reporters when asked about his tweet.
While some business leaders have groaned about the rigours associated with having to disclose financial figures four times a year, the SEC has been reticent to make any changes.
Publicly traded companies with more than $10,000,000 in assets must file a 10-K report with the SEC every year.
Scrapping the quarterly requirement "is a solution in search of a problem", said Charles Elson, a professor and director of the University of Delaware's Weinberg Center for Corporate Governance.
The US Chamber of Commerce and other lobbying groups have also blamed compliance burdens for preventing more companies from selling shares. A statistic they often point to is the drop in initial public offerings over the past 20 years. In 1996, nearly 950 companies went public, according to data compiled by Bloomberg.
The agency could make such a change on its own without Congress passing legislation but that doesn't mean it will, said David Martin, who previously ran the agency unit that oversees corporate filings. That number fell to 237 in 2017.
"If public companies moved from quarterly to semi-annual reporting, that would deprive investors of timely information and dramatically increase the potential for insider trading", said Robert Pozen, Senior Lecturer at the MIT Sloan School of Management, who has studied the issue.
He says the US will pay nothing for his return, because he is innocent and indicated the pressure on Turkey will continue . Meanwhile, Turkish people in social media tend to expand boycott in other US products ranging from textile to fast food.
But the lira posted gains on forex markets for the first time after days of losses, giving the currency much needed respite. Turkish President Recep Tayyip Erdogan speaks during a news conference Tuesday at the presidential palace in Ankara .
He missed four months at the start of the year with a partially torn tendon in his left wrist, causing him to sit out the Masters. Scott hung around by making big putts, just like he hoped, and was tied for the lead until Koepka's birdies.
Game of Thrones actress Sophie Turner and Chopra's sister-in-law congratulated the Baywatch star and welcomed her into the family. In photos shared on social media Saturday, Chopra and Jonas were seen performing a prayer ritual in traditional Indian attires.
Ms Daniels hit the headlines after alleging she had slept with President Donald Trump in 2006, which he denies. She then said she later signed a non-disclosure agreement to prevent her from speaking about the relationship.
It was widely reported that he had suffered a stroke in 2009, which had largely confined him to his New Delhi residence. Leaders of the BJP were gathering at his home in New Delhi to pay their respects.
Sometimes you find yourself in a room and you're like, what am I doing in this room? Her last record was 2016's Dangerous Woman . Ariana reportedly broke down in tears backstage following the emotional moment.
For all her regal bearing, the key to the emotion in Franklin's singing is very often her unsure sense of self. Grande later spoke with Fallon about Franklin, and she recalled the time she met Franklin at the White House.
You can not get practice facilities in London as easily as you would in Nottingham - I hope they practice from Tuesday. Cheteshwar Pujara and Ajinkya Rahane could add only 18 runs after the break before Stuart Broad dismissed the latter.
The talks, which included Syria, the Ukraine and a Russian gas pipeline, ended later in the day with no clearcut progress. Merkel has also visited Putin in Russian Federation several times, most recently in May.
Ilhan Omar defeated a field of five other Democratic candidates seeking to fill the district seat vacated by Rep. This year, 43 transgender candidates have run for political office at all levels in the US.
Presidential aide Kellyanne Conway refused to defend her boss, Donald Trump , during an interview with Fox News on Tuesday. In it, Manigault Newman describes the recorded conversation as being a conference call held on October 11, 2016.
Brady, Patriots beat Eagles in SB rematch
The NFL Network tweeted a video of Jenkins coming out for the warm-up wearing a shirt that said: "YOU AREN'T LISTENING". Both, Nick Foles and Tom Brady made their preseason debut's as they met each other for the second time in 2018.
OPEC lifts oil production, Saudis cut
USA production growth in 2018 is now expected to rise by 1.69 million barrels a day, down by 10,000 from last month's forecast. Moreover, demand for OPEC crude is set to reach 32.9 million bpd this year, dropping by 600,000 bpd from the previous year.
Twitter suspends Infowars' Alex Jones for abuse
This punishment is light compared with Apple , YouTube and Spotify, which permanently removed material Jones had published. Then Twitter responded to a CNN investigation by admitting that some Jones tweets were in violation, and deleted them.