Article: Lighter touch likely from new SEC head.(Securities and Exchange Commission)(Christopher Cox)(Brief Article)

When Rep. Christopher Cox's nomination to head the Securities and Exchange Commission (SEC) gets the nod from the Senate--as we expect it will--it will usher in a new era at the regulatory agency. Cox (R-CA) is likely to head in a different direction than his predecessor on some key issues.

*Stock expensing. As a member of Congress, Cox voted to overturn a new accounting rule requiring that companies count options as an expense against profits. The rule went into effect on June 15, but the SEC says companies don't have to begin expensing until their next fiscal year, leaving several months ...

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