FASB Promises Mark-To-Market Guidelines In Three Weeks

13 Mar 2009

Robert Herz, chairman of the Financial Accounting Standards Board, has promised lawmakers that FASB will issue new guidelines for mark-to-market accounting rules in three weeks.

Robert Herz, chairman of the Financial Accounting Standards Board, has promised lawmakers that FASB will issue new guidelines for mark-to-market accounting rules in three weeks. The House Financial Services subcommittee on capital markets, before which Herz appeared, had pressured him to commit to speeding up the guidelines, which ...

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