SIFMA provides comments to the Securities and Exchange Commission (SEC) on an order instituting proceedings to determine whether to approve or disapprove proposed rule change to amend Rule 4626—Limitation of Liability, File No. SR-NASDAQ-2012-090. NASDAQ’s proposed rule changes is intended to address the events surrounding Facebook, Inc. initial public offering (IPO) on May 18, 2012. SIFMA reiterates comments from an earlier filing on August 22, 2012, and correct certain points stated in Nasdaq’s Response.
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Proposed Accounting Standards Update—Environmental Credits and Environmental Credit…