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 AMG provided comments to raise a time-sensitive issue regarding the application of the final margin rules for uncleared swaps transactions upon investment funds initially funded with seed capital by a sponsor and consolidated on the sponsor’s or the sponsor’s group’s financial statements.
See also:
Margin and Capital Requirements for Covered Swap Entities
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