The Securities Industry Association (SIA)* provides comments to the U.S. Senate Banking Subcommittee on Securities on the report, Proposals by the Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB) for the Accounting Treatment of Financial Derivatives. SIA expresses their agreement with the findings of the report and recommendations.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Proposed Accounting Standards Update—Environmental Credits and Environmental Credit…