Call center operator TeleTech Holdings Inc. said today it has been cleared by the Securities and Exchange Commission in connection with its stock option-granting practices.

The Douglas County-based company also said in a regulatory filing that it has regained full listing compliance with the Nasdaq Stock Market.

TeleTech said the notifications came in separate letters by Nasdaq and the SEC last Thursday. TeleTech said the SEC sent a letter to the company’s independent counsel, saying it didn’t intend to recommend any enforcement action.

“With these matters behind us, we look forward to bringing renewed focus to our business and continuing to build upon our reputation as a leading provider in the (business process outsourcing) industry,” said Kenneth Tuchman, TeleTech chairman and CEO.

TeleTech shares were down 25 cents to $13.07 in trading this morning.

The company last week concluded a voluntary review of its stock-option and other accounting practices, erasing $65.3 million of earnings over 12 years.

Shares plunged 25 percent last Thursday, but analysts indicated that a reduced revenue forecast was more responsible for the drop.

TeleTech has said the review found no “systematic practice of using hindsight” to select stock-option grants.

It said certain employees involved in selecting the grant dates may have had some understanding of the accounting implications, but there wasn’t conclusive evidence of willful violations. Those employees are no longer with TeleTech.