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EDITOR'S CORNER

  • More on rising protectionism

    An international trade expert explains why the WTO understates the rising degree of protectionism among the globe's more advanced economies.

New revenue recognition standard means work ahead for companies

Regulators suggest they're open to requests to extend the implementation period.

SEC focuses on materiality, relevancy in comment letters to companies

Deloitte's annual roundup of comment letters from the Securities and Exchange Commission shows the agency still sees much room for improvement in companies' annual reports.

A glass half full or half empty?

Markets are doing fine, but there's little doubt that Europe is heading for a recession and that Japan and China are struggling to avoid one. That pretty much leaves the U.S., but it's no island.

FASB may help companies hide the results of bad deals

The accounting standard setter is likely to try to resurrect amortization of goodwill, which critics say would enable companies to obscure the poor performance of assets they acquire.

Companies concerned about employees' retirement readiness, survey shows

Companies should use technology, targeted communication to better reach individual employees and get them to save appropriately for retirement, Towers Watson said.

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FierceFinanceIT

BGC Partners has extended its tender offer to acquire rival interdealer broker GFI Group after its stake in the company more than doubled but fell well short of the majority needed to assume control. The offer to purchase shares of GFI for $5.25 per share in cash has been extended to end of business on Dec. 9.

FierceFinanceIT

Regulation Systems Compliance and Integrity or Reg SCI, the rules devised to better insulate the market against the technical failures, received unanimous approval on Wednesday. The regulation--which mainly applies to exchanges, clearing houses and certain other market infrastructure players--mandates annual reports on efforts to safeguard systems and a policy for immediately notifying the Securities and Exchange Commission when a major technical problem is detected.