:before psudo-element and IE

Can anybody confirm that IE is not standards complient with regard to the :before psudo element? I have the following that works with Gecko based browsers but not with IE:

.myset:before{
  content: "\002022"
  color: #FF0;
  padding-right: 4px;
}

Gecko browsers display a yellow dot, IE seems to ignore the whole block.

JFMILLLER