# 2025-08447: SEC Keeps Quarterly Filings Rolling: Comment by July, Folks

2025-08447, Proposed Collection; Comment Request; Extension: Exchange Act Form 10-Q, is a Federal Register notice from Securities and Exchange Commission published 2025-05-14, effective Consideration will be given to comments submitted in writing within 60 days of this publication by July 14, 2025. (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-08447
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-08447
- Title: Proposed Collection; Comment Request; Extension: Exchange Act Form 10-Q
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 20543
- Published: 2025-05-14
- Effective: Consideration will be given to comments submitted in writing within 60 days of this publication by July 14, 2025.
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC Keeps Quarterly Filings Rolling: Comment by July, Folks

## Summary

The SEC wants to keep using Form 10-Q, which companies file every quarter to share important financial info with investors. About 6,473 companies spend lots of time and money preparing these reports, and the SEC is asking for feedback on how to make this process better and less costly. Comments are open until July 14, 2025, so now’s the time to speak up!

## Effects PRIA read

- SEC Seeks Extension to Keep Form 10-Q: cost, high. The SEC plans to seek OMB approval to continue requiring issuers to file Form 10-Q each quarter to meet Section 13 or 15(d) reporting obligations. This maintains the existing quarterly reporting requirement (filed three times per year) for about 6,473 issuers.
- Large Time Burden for Issuer Staff: cost, high. Preparing each Form 10-Q is estimated to take about 180.18 hours per response, with 75% (135.135 hours) prepared by the issuer. With 19,419 filings per year, the issuer-prepared annual reporting burden is estimated at 2,624,187 hours.
- High Outside Professional Costs Estimated: cost, high. SEC estimates 25% of Form 10-Q preparation (45.045 hours per response) is done by outside professionals at $600 per hour, producing an estimated total annual outside-professional cost burden of $524,837,313 for 19,419 filings.

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## Sources
- [2025-08447 on federalregister.gov](https://www.federalregister.gov/documents/2025/05/14/2025-08447/proposed-collection-comment-request-extension-exchange-act-form-10-q)
- [2025-08447 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-05-14/pdf/2025-08447.pdf)

## Related
- [Previous: 2025-08446, Product Change-Priority Mail Express, Priority Mail, and USPS Ground Advantage®…](https://policyrisk.com/federal-register/2025-08446)
- [Next: 2025-08448, Proposed Collection; Comment Request; Extension: Rule 18a-3](https://policyrisk.com/federal-register/2025-08448)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-08447 (as of 2026-06-08).