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Employee Ownership Update for January 18, 2005
National Center for Employee Ownership [NCEO] 
Jan. 18, 2005
NCEO Executive Director Corey Rosen discusses new Department of Labor enforcement efforts focusing on ESOP valuation; new 401(k) rules allowing an ESOP and a 401(k) plan to be treated as single plan for anti-discrimination testing in spin-offs and mergers; and a new rule that will force public companies to disclose how much money they intend to spend in the following year buying back shares to satisfy stock option exercises.
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