Business news for Mon, 31 Dec 2007 & with word commission. 4 news.

SAN FRANCISCO (MarketWatch) -- VeriFone Holdings Inc. said late Monday it probably will not be able to submit its annual report before March despite requesting an extension of the deadline to Jan. 14 with the Securities and Exchange Commission. VeriFone is in the process of restating financial statements for the first three quarters of its fiscal year ended Oct. 31, 2007. It also noted that it is not certain how much time will be required for it to complete the restatement process.

SAN FRANCISCO (MarketWatch) -- Quest Software Inc. has filed its quarterly reports for the periods ended March 31, June 30 and Sept. 30, 2007 with the Securities and Exchange Commission, the company said Monday. As a result, the company is now current with all its SEC periodic reporting obligations.

Ric Williamson, the controversial commissioner of the Texas Transportation Commission, died Sunday at his home of a heart attack at age 55.

South Korea's Financial Supervisory Commission announced rule changes aimed at encouraging foreign investors to trade in the domestic securities market.