What are your thoughts on the proposal to shift SEC requirements for publicly traded companies from quarterly earnings to a frequency of 2x/year?

Support (34%) – "I work for a public company, and the quarterly reports eat up a lot of resources that could be focused elsewhere. If we move to 2X annual reports, a company that has big news to share and it's not time for a semi-annual report can just do a press release."

• "Anything that helps get companies less focused on just the bottom line and shareholder value and more focused on other things like long-term strategy and impact, the people, and their communities is a good thing. Working for a publicly traded company is a rollercoaster; you never know if you're going to be the one cut if investors storm in demanding heads for low profitability that quarter."

"Four times per year is just dumb. Are executives really making good long term decisions? Or are they just chasing short term profits at the expense of stability and long term success? Every financial planner tells his clients to look at the big picture. Why should advice be different for companies?"

Oppose (41%) – "As a citizen and possible investor, I should have data available frequently to be able to monitor and make changes if I need to. Not providing data could cause too much harm to basic citizens who may not have a bankroll to lose."

• "Public traded companies need to let the people know what’s going on inside. Keep the quarterly. We can not delay the story if a company is miss handling funds and operation costs. If things are better we will see them to on a regular basis. There is no benefit switching over to a semi annual reporting structure."

"I see the argument for moving away from quarterly earnings - too many companies spend too much time fretting on these reports. However, the loss of transparency outweighs the benefits of cutting back on these reportings. Too much already happens behind the scenes that probably shouldn't."

• "There is enough shenanigans going on in public companies that aren't seen with quarterly reporting. Shifting to semiannual only provides for greater quantities. Companies produce board reports monthly and meet quarterly. Informing investors (owners) quarterly as well is a duty, not an annoyance. Not all investors get a board seat so how else are they to keep current with the companies? Too frequent reporting would cause too much market volatility. I'd say, release Financials monthly and do all your dog and pony shows semiannually- a happy compromise."

Unsure/other (25%) – "I can see both sides. In one way it is a good move for corporations to save and make money. Longer turn-around on investments, less cost to produce (and mail) reports to clients/investors. On the other hand, less transparency is never a good thing. Greed and corruption go hand in hand. In the essence of transparency, perhaps corporations should voluntarily make growth projections, their quarterly tax records, etc., available in a secure online format for investors and overseers to access."

• "It seems reasonable to me, but I don't know enough about the pros and cons of a quarterly reporting model to have a firm stance."