SEC weighs semiannual reporting, easing quarterly burden, aligning with global markets and potentially boosting IPO appeal for smaller US companies. Financial reporting for US companies may soon be in step with the rest of the world as the US Securities and Exchange Commission (SEC) is expected to propose a rule change that would permit semiannual earnings reporting . The rule proposal may come as early as this month, according to the Wall Street Journal. After a 30-day comment period, the