The Semiconductor Industry Association (SIA) claims that the looming stock option expensing rule is fatally flawed.
“Immediate implementation of the FASB rule, coupled with the Sarbanes-Oxley requirements, would have a chilling effect on employee stock option plans that have played a vital role in ensuring the competitiveness of U.S.-based semiconductor manufacturers,” (SIA President George) Scalise concluded.Read the article here.
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