Why is the SEC, once so reluctant to accept IAS, now very willing to allow firms using IFRS to is-sue issue securities in the U.S.stock market without reconciling to U.S.GAAP?

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The Answer of Why is the SEC, once so reluctant to accept IAS, now very willing to allow firms using IFRS to is-sue issue securities in the U.S.stock market without reconciling to U.S.GAAP?

Why Is the SEC, Once So Reluctant to Accept IAS