House members ask FASB to hold off on derivatives rule

Reynolds, Katherine M.
October 1997
Bond Buyer;10/09/97, Vol. 322 Issue 30248, p1
Trade Publication
Reports on US House Banking Committee members' request to the Financial Accounting Standards Board (FASB) to delay the implementation of its derivatives rule. Plea for the extension of the comment period on the accounting standard; Need of providing more guidance on estimating fair market value; Concern on the dangers resulting from the implementation of the rule.


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