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'Temporary relief' from July 16 deadline gives agency more time for rulemaking.
Average public company audit fee totals $3.3 mln.
Gradual approach could take five to seven years.
S&P cuts rating on Greece to CCC.
S&P cuts rating on Greece to CCC.
Move would give agency more time to write regulations.
Postponing rules due to take effect in July gives agency more time to complete work.