TD COWEN: 60% CHANCE SEC SHIFTS TO SEMI-ANNUAL REPORTING TD Cowen sees a 60% probability the SEC moves from quarterly to semi-annual earnings reports. The push has gained momentum with industry backing, LTSE’s lobbying, and political support from President Trump. Analysts say SEC Chair Paul Atkins could deliver this as an easy policy win, though rulemaking may take six months or more.(*Walter Bloomberg)