TBMA and ASF Submit Comments to FASB on the Meaning of Other-Than-Temporary Impairment
Summary
The Bond Market Association (TBMA)* and the American Securitization Forum (ASF) submit comments to the Financial Account Standards Board (FASB) on implementation guidance on the meaning of other-than-temporary impairment and its application to certain investments, EITF Issue 03-1-a.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.
SIFMA AMG, Investment Company Institute (ICI), American Chamber of Commerce in Australia (AmCham Australia), Information Technology Industry Council (ITI), Managed…