The following Letter Type G, or variations thereof, was submitted by individuals or entities.

Letter Type G:

The proposal to abandon quarterly reporting in favor of semiannual reports should NOT move forward. The proposal rests on the theory that quarterly reporting causes short-termism among corporate managers. Whatever the merits of that argument as applied to the C-suite, it has the relationship to retail investors exactly backward. Quarterly reports are the single most important leveling mechanism between retail and institutional investors in U.S. equity markets. Institutional investors have expert networks, channel checks, alternative data, satellite imagery of retailer parking lots, credit card panel data, and direct management access through conferences and one-on-one meetings that cost more than most of our portfolios. We have the 10-Q. 
There are several issues:
Quarterly reporting protects individual investors. Semiannual reporting doubles the information gap between insiders and ordinary shareholders. That gap is where volatility, uncertainty, and mistrust grow.. 
The short-termism diagnosis doesn't justify this remedy. Research from the CFA Institute, which studied this exact maneuver in the U.K. market, shows that reporting frequency has no measurable effect on corporate investment behavior. The SEC is accepting a real cost – less transparency for individual investors – for a benefit that the evidence says simply won't materialize.
The companies most likely to opt out are the ones where oversight matters most. Smaller, less-covered businesses operate with less scrutiny. Reducing their reporting requirements makes them harder to monitor, not easier to own.
This is the wrong direction. Reg FD moved toward a more level playing field. This proposal moves away from it.
What, exactly, is the problem? As the WallStreetBets comment letter put it: "The companies we trade are not being held back from greatness by the obligation to file four reports a year. ... The entire S&P 500 files a 10-Q every quarter, and the S&P 500 is at an all-time high. If quarterly reporting is crushing American capitalism, American capitalism is hiding it well.""
Simply put, the proposed amendment should NOT be allowed to advance.