Stock Options. An article at Law.com quotes a couple of lobbyists as saying that they plan to mount an attack on the FASB's new rule requiring the expensing of the cost of stock options. That's likely to be an uphill battle given that

The SEC has also thrown its support behind FASB.

Donald Nicolaisen, the SEC's chief accountant, said in a prepared statement that companies should focus their energy on implementing the plan and that the SEC is 'preparing to provide appropriate guidance' to help companies comply with the standard.