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Sep 30, 2003

Reg G strings attached

Accounting rule that rocked the IR world

While new regulations about financial certification and board independence have grabbed the lion's share of the headlines, the Securities and Exchange Commission (SEC) has steadily inaugurated new regulations, some of them far more onerous or confusing for public companies than the more famous offspring of the Sarbanes-Oxley Act.Regulation G, the SEC's set of rules for how public companies use financial measures not part of Gaap (generally accepted accounting principles) in public disclosure,

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