Trader consensus on Polymarket prices a 75% implied probability against the SEC removing the quarterly reporting requirement for public companies by year-end, reflecting stalled progress since March Wall Street Journal reports of a proposal under Chair Paul Atkins to make Form 10-Q filings optional in favor of semiannual disclosures. This deregulation push, aligned with the Trump administration's burden-reduction agenda, faces stiff investor opposition from firms like Two Sigma and D.E. Shaw, who warn of diminished transparency, heightened volatility, and potential valuation discounts for opting-out companies. No formal proposal has been published as of late April despite April statements signaling advancement, underscoring the lengthy regulatory pathway of public comment and commissioner vote amid entrenched market reliance on quarterly data since the 1970s. Key catalysts include any imminent proposal release and Q2 economic releases influencing policy priorities.