Trump asks: Should Corporate America reveal its results less often?

David Kotok • by Shaun Burgess,

Chairman and CIO, Cumberland Advisors • Aug 19, 2018 at 9:32 PM EDT • Updated Sep 2, 2026 at 10:28 PM EDT

President Donald Trump has asked Wall Street’s top regulator to look into whether U.S. companies should report their financial results less often, a move that could upend long-standing rules.

Excerpt from “Trump asks: Should Corporate America reveal its results less often?”

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President Donald Trump has asked Wall Street’s top regulator to look into whether U.S. companies should report their financial results less often, a move that could upend long-standing rules and which critics claim could leave investors with too little information about the stocks they own.

Instead of publicly traded companies disclosing how they’ve done every quarter, which are three-month stretches, the president tweeted on Friday that he wants the Securities and Exchange Commission to study if companies should instead share their results every six months.

Critics of Trump’s push for less frequent corporate reporting say quarterly reports are still the way to go, stressing the more frequently investors get updates via regulatory filings from the companies they invest in, the better.

“No smart investor would favor this proposal,” says David Kotok, chairman and chief investment officer at Cumberland Advisors, an investment firm in Sarasota, Florida. “Smart investors want regularity and transparency and directors’ accountability.”

Read the full article at USA Today.

Disclaimer:

The preceding was provided by Cumberland Advisors, Home Office: One Sarasota Tower, 2 N. Tamiami Trail, Suite 303, Sarasota, FL 34236; New Jersey Office: 614 Landis Ave, Vineland, NJ 08360. 1-800-257-7013. This report has been derived from information considered reliable, but it cannot be guaranteed as to accuracy or completeness.

For a list of all equity sales/purchases for the past year, please contact Therese Pantalione at ext. 315. This report is currently about 1700 pages in length. It is not our intention to state or imply in any manner that past results and profitability are an indication of future performance. This does not constitute an offer to sell or the solicitation or recommendation of an offer to buy or sell any securities directly or indirectly herein.

Cumberland Advisors supervises over $2.4 billion in separate account assets for individuals, institutions, retirement plans, government entities, and cash-management portfolios. Cumberland manages portfolios for clients in 48 states, the District of Columbia and in countries outside the U.S.

Cumberland Advisors is an SEC registered investment adviser. For further information about Cumberland Advisors, please visit our website at www.cumber.com.

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