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 provides comments to U.S. Treasury Secretary Geithner opposing any financial transaction tax (FTT). At a time when global economic growth and stability is desperately needed, an FTT will have a significant negative impact on both investors and businesses. SIFMA strongly urges Secretary Geithner to reject any FTT proposal at the upcoming G20 Leaders meetings.
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