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In a rare move, the Securities and Exchange Commission has given listed companies a six-month reprieve from a controversial new rule that requires companies to deduct the cost of employee stock options from profits. The much-anticipated delay is intended to ease the regulatory burden on companies that are struggling to comply with the sweeping new auditing controls mandated by the Sarbanes-Oxley Act.
April 18, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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