*Letters

FASAC Derivatives Exposure Draft and Fair Value

Published on:
August 8, 1997

The Securities Industry Association (SIA)* provides comments to the Financial Accounting Standards Advisory Council (FASAC) on the FASAC Exposure Draft on derivatives and the Council’s project to measure all financial instruments at fair value.  SIA offers its observations and recommendations on the issues.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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