Skip to main content
Half time
To:Brew Readers
CFO Brew // Morning Brew // Update
Twice-yearly reporting could unnerve investors.

Greetings, finance chiefs. Now that the dust has settled, we have to wonder: If enraging the ballet and opera communities can make Timothée Chalamet lose an Oscar, what happens when a CFO trashes free-form jazz on an earnings call? Only one way to find out…

Whoa

Low tide

In excess

Courtney Vien, Natasha Piñon, Caroline Nihill

COMPLIANCE

A trader looks at stock market prices

Angela Weiss / Getty Images

In September 2025, President Donald Trump said that US companies should only have to report earnings twice a year, rather than quarterly. SEC Chair Paul Atkins was quick to jump on the idea, telling reporters on September 29 that the agency was “working to fast track it” and that he hoped to have a proposal ready for public comment by late 2025 or early 2026.

That proposal has yet to appear, but the SEC’s still mulling a move away from quarterly reporting, as its March 2026 meeting of the Investor Advisory Committee showed. Biannual reporting was one of the hot topics discussed, along with potentially streamlining the rules governing nonfinancial, qualitative disclosures under Regulation S-K.

Atkins didn’t mention reporting cadence directly in his opening remarks. Noting that he favored the “minimum effective dose of regulation,” the chair said that rules should be “sensible and disciplined, with materiality as our North Star,” and that regulations “must scale with a company’s size and maturity.”

Quarterly reporting defended. A panel of experts from investment and law firms were in favor of trimming or modernizing Reg. S-K, but balked at the notion of moving to biannual reporting. Quarterly reporting, according to Stephen Berger, global head of government and regulatory policy at investment firm Citadel, “allows investors to make more informed investment decisions. That leads to more accurate market valuations, that better optimizes the allocation of capital to the real economy.”

Keep reading.CV

Presented By Anrok

THE ECONOMY

A map of the US with a frown across it

Francis Scialabba

You know the world is moving fast when an economist calls January—a mere two months ago—“ancient history.”

But the phrasing feels about right. On March 13, the Commerce Department’s Bureau of Economic Analysis released its January consumer spending report, which was initially scheduled for a February release but was delayed due to the 2025 government shutdown.

Rather than disregard the data for its tardiness, think of it as a telling dispatch from a bygone era. How were consumers spending before the war in Iran broke out? Pretty cautiously.

US consumer spending, which represents about two-thirds of economic activity, ticked up slightly in January, rising 0.4% from December. Meanwhile, inflation-adjusted consumer spending increased just 0.1% for the month.

Keep reading.NP

IT STRATEGY

SEC personally identifiable

Piscine/Getty Images

How much personally identifiable information (PII) do companies actually need to store?

Organizations are collecting massive amounts of data from customers, mobile devices, and more. Not all of it is stored securely: A roundup from cybersecurity company Huntress, for example, showed that billions of records containing PII are exposed from large-scale data breaches.

How does this happen? Ken Braatz, CTO for SupportNinja, told IT Brew that PII is harvested from users across browsers, search activity, cookies, and more. Companies tap that information to build and sell products.

But more data means more IT infrastructure such as storage, which means a larger attack surface. This is especially true when companies choose to hold onto particularly valuable information such as payment data, Social Security numbers, and more.

“I think a lot of companies out there view customer data as the Holy Grail, and in that they want all of the data and they turn that data into a massive asset,” Braatz said. “I don’t believe that having confidential PII is necessary to deliver value to the customers.”

Keep reading on IT Brew.CN

Together With S&P Global Market Intelligence

MARKET FORCES

market forces chart

Francis Scialabba

Today’s top finance reads.

Stat: $11.6 million. That’s the value of the 2,312 troy ounces of gold that the state of Wyoming has tucked away inside an old newspaper headquarters in Casper. A law passed in December required precious metals be added to the state’s investment portfolio. (the Wall Street Journal)

Quote: “You know, all my life I’ve been hearing about United States and Cuba, when will the United States having the honor of taking Cuba? That’s a big honor.”—President Donald Trump (CNN)

Read: Higher oil prices complicate the Fed’s mission of balancing price stability and full employment. (Bloomberg)

Stop the tax surprises: Don’t let unexpected VAT or GST obligations catch you off guard when you’re expanding internationally. Join Anrok’s webinar and learn to spot exposure, prevent costly mistakes, and nail down your global tax compliance.*

*A message from our sponsor.

EVENTS

Icon of a black gear on a mustard yellow background.

Morning Brew Inc.

Economic curveballs aren’t slowing down. On March 26, join CFO Brew and Oracle NetSuite to see how AI-powered insights help finance teams justify investment, accelerate close, and plan with confidence in uncertain times. Future-focused starts here. Register now.

Photo collage of different sizes of Coca-Cola containers, from small mini cans, to glass bottles, to plastic liter bottles.

Illustration: Morning Brew Design, Photos: Adobe Stock

With material and labor costs climbing, manufacturers are facing tough margin decisions. Explore how strategies like price-pack architecture and data-driven analytics are reshaping pricing playbooks.

Check it out

SHARE THE BREW

Share the Brew

Share the Brew, watch your referral count climb, and unlock brag-worthy swag.

Your friends get smarter. You get rewarded. Win-win.

Your referral count: 5

Click to Share

Or copy & paste your referral link to others:
cfobrew.com/r/?kid=9ec4d467

         
ADVERTISE // CAREERS // SHOP // FAQ

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2026 Morning Brew Inc. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

News built for finance pros

CFO Brew helps finance pros navigate their roles with insights into risk management, compliance, and strategy through our newsletter, virtual events, and digital guides.

By subscribing, you accept our Terms & Privacy Policy.

A mobile phone scrolling a newsletter issue of CFO Brew