FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether a securities broker that credits deposits to a customer’s own account thereby becomes an “initial transferee” of those deposits, such that the deposits may be voidable as fraudulent transfers under the Bankruptcy Code.
Counsel of Record:
Pepper Hamilton LLP
Hamilton Square
600 Fourteenth Street, N.W.
Washington, DC 20005
Ivan B. Knauer
Other Amici on SIFMA’s Brief:
Futures Industry Association
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
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