I believe a corporate tax law was passed/enacted within the last few
years that put more requirements on corporate accounting to value
outstanding securities and/or derivitives in a more timely manner. I
believe the motivation was to more truly reflect the value of the
company. I learned about this while working for a financial company,
but don't remember the details.

I wish to know more about it. I'm looking for web pages (such as
articles, interviews, etc.) that explain that legislation/regulation
including the motivation behind it.

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Clarification of Question by liquidmetal-ga on 10 Jan 2003 13:04 PST

If you require more information or hints, throw me a note. I'm
interested in the answer!  The only other thing I can remember is that
there was some number associated with the regulation and it would be
referred to in conversations as such.