The SEC is right: You can’t build financial security with a 90-day mindset

The SEC is right: You can’t build financial security with a 90-day mindsetThe SEC’s proposal to allow public companies to report semiannually rather than quarterly would make public markets more attractive to U. Slowing down the reporting cycle is a common-sense move that protects companies from short-termism — and investors from their own worst impulses. With less pressure to meet quarterly targets, companies could focus more on the investment, innovation and prudent risk-taking that help drive long-term growth. Just as important, the change could help counter the short-term mindset that works against investors.