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”).
Summary
The Securities Industry Association (SIA)* provides comments to the Federal Deposit Insurance Corporation (FDIC) on Industrial Loan Corporations (ILCs). SIA details the value and strength of the ILCs, and indicates it will strongly oppose any unnecessary, unjustified or politically motivated restrictions on ILCs.
*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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