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
SIFMA as part of the Active Financing Working Group provides comments to the U.S. Secretary of Treasury on the inclusion of an immediate extension of the Subpart F rules applicable to financial services business income in any stimulus legislation. The groups believe a failure to extend the active financial services rules would have negative implications for manufacturing and financial services sectors.
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Requests for Exemptive Relief from the Federal Securities Laws for Tokenized Equities and Other Digital Assets
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Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement (SIFMA and ISDA)
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