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Why don't the various Stock exchanges establish accounting rules for a company to be able to list on their exchange and if they wish to cooperate with other exchanges around the world to form similar standards that would be fine? In order for a Stock exchange to be truly viable as a safe place to invest they need to insure complete and transparent information is available. By letting the various exchanges compete for investors and traders we would have a functioning market that would be self-correcting over the long run. No need for our congresscritters to get involved.