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Critics fear new revenue recognition standard might leave door open for more abuses.
White House says it will consider overhauling corporate taxes as part of fiscal cliff solution.
Police arrest five employees at banks Frankfurt headquarters.
Even split between Democratic, GOP commissioners could strand dozens of regulations.
President now asks for $1.4 trln in tax hikes, down from $1.6 trln.
Agency inquired about bank's trading starting in mid-2011.
