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The SEC issued a request for comment to consider changes to the nature, timing and frequency of earnings releases and quarterly reports in an effort to reduce the burden on public companies while maintaining investor protections. The SEC is asking whether companies should be allowed to use the information they voluntarily provide in earnings releases to satisfy the requirements of Form 10-Q. The SEC is also asking whether it should require semiannual reporting or allow companies to select the frequency of their interim reporting, based on their investors’ needs. Comments are due by 90 days after publication in the Federal Register.