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 the U.S. Senate Majority and Minority Leaders supporting passage of the Housing and Economic Recovery Act of 2008 (H.R.3221). SIFMA particularly supports the tax-exempt bond provisions and adding the Federal Home Loan Banks to the list of government-sponsored enterprises (GSEs) permitted to provide credit enhancement to municipal bonds.
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Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement (SIFMA and ISDA)
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