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Is two better than four? Investors might soon find out. The Securities and Exchange Commission (SEC) could file a proposal as soon as next month to eliminate mandatory quarterly earnings reports for public companies, the Wall Street Journal reported yesterday. Under the proposed change, companies would have the option to file just two reports per year. It’s the latest call for shaking up financial reporting requirements, which began back in September when the Long-Term Stock Exchange first floated the idea, supported by President Trump. If and when the regulator makes its proposal, it’ll open up a 30-day public comment period for Americans to make their thoughts known about whether or not publicly traded companies should get off the hook for quarterly updates. While there are plenty of opinions out there about mandatory quarterly earnings, it’s clear the debate is just getting started. 📸 : Getty