Photo by Robb Miller on Unsplash American companies have reported their finances to the SEC every quarter since the 1970s—an uninterrupted Wall Street ritual for over half a century. Now SEC Chairman Paul Atkins is signaling a major shift to semiannual reporting. His argument posits that quarterly reports no longer remain useful measures of company progress, as they burden companies with unnecessary costs, and trap management in redundant 90-day performance cycles. The idea has seen some...