Firms Concerned About Potential SEC Accounting Changes

Meyers, Maxwell
March 2006
Bond Buyer;3/23/2006, Vol. 355 Issue 32345, p7
Trade Publication
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.


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