Associated Press article

Sens. John Kerry, D-Mass., and Olympia Snowe, R-Maine, have asked U.S. regulators for another one-year delay in requiring small U.S. public companies to evaluate their internal controls of financial reporting.

"We urge the SEC to consider giving small public companies this much-needed extension," the lawmakers wrote in a letter Friday to Securities and Exchange Commission Chairman Christopher Cox and Public Company Accounting Oversight Board Chairman Mark Olson.

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