TITLE

Firms Concerned About Potential SEC Accounting Changes

AUTHOR(S)
Meyers, Maxwell
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/23/2006, Vol. 355 Issue 32345, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article highlights the concern of some insurance executives about the accounting difficulty that may arise from the potential changes under consideration by the U.S. Securities and Exchange Commission (SEC). The SEC examines how insurers account for the value of bonds in their investment portfolios that also carry their wrap. SEC also explores whether those obligations should represent both assets and financial guaranty exposure.
ACCESSION #
20289394

 

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