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SEC Chair Urges Unicorn Cos. To Boost Controls Before IPOs

By Ed Beeson (March 31, 2016, 10:37 PM EDT) -- The head of the U.S. Securities and Exchange Commission on Thursday urged companies that have decided to stay private, particularly the so-called unicorns of Silicon Valley, to start acting like they've already gone public, so that in the event they do hold an initial public offering, they won't be as quickly tripped up by corporate governance and accounting issues....

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