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Former White House economic adviser Lawrence B. Lindsey is expressing misgivings about rules that will require companies to expense employee stock options starting June 15 -- a move likely to bolster opponents of the controversial regulations. Lindsey sent a letter to SEC Chairman William Donaldson stating that if the accounting rules are adopted "as is," firms may find that their reports are ultimately inaccurate.
March 09, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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