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Home » Store » News » Trade Groups Ask Congress to Pressure FASB on MTM Changes

Trade Groups Ask Congress to Pressure FASB on MTM Changes

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Financial services trade associations and the Council of the Federal Home Loan Banks have asked the House Financial Services Committee to lean on accounting standard setters to further improve mark-to-market rules. In a joint letter May 13 to Committee Chairman Barney Frank, D-MA, and Ranking Minority Member Spencer Bachus, R-AL, the group urged the lawmakers to press for more changes to...
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