First, it was FAS 133 and now it is fair valuation rules. But despite this raft of regulation making derivatives usage even dicier than it was already, companies do not seem to be throwing in the towel.

Steven Mills; W. Paul Bowers; Steve E. Voskuil; Jolene Varney; Mark Gibbens; Kristi Matus; David Gutschenritter; Michael Monahan

With AS5, auditors will have to speak plain English on errors

The stakes just got higher for financial executives ensnared in the options backdating investigation. Former SafeNet CFO Carole Argo was sentenced to six months in prison and fined $1 million.