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 Asset Management Group of SIFMA (SIFMA AMG) provides comments to the CME Group in response to the Joint Audit Committee (JAC) Alert 14-03 (addressing the Receipt of Margin Funds and Combining Accounts for Margin Purposes) with concerns about the potential negative impacts on SIFMA AMG members and their clients and the asset management business as a whole.
Related Alert:
Joint Audit Committee Regulatory Alert #14-03 – May 21, 2014
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