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SEC Issues New Regulations

The Securities and Exchange Commission approves new rules to assure that accounting firms maintain independence from companies they audit. The rules stem from legislation Congress passed last summer in the wake of accounting scandals at companies such as Enron and WorldCom. Critics say the new regulations aren't as strict as they should be. NPR's Jim Zarroli reports.

Copyright 2003 NPR

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.