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United States · Bill · HR

H.R. 607 (111th)

To direct the Securities and Exchange Commission to issue guidance on the interpretation of fair value accounting.

referredUnited States· United States Congress· EN

Introduced

16 January 2009

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Directs the Securities and Exchange Commission (SEC) to issue guidance on the interpretation of the fair value accounting standards set forth by the Financial Accounting Standards Board (FASB), including the SEC interpretation and application of FASB Statement Number 157. Requires the SEC to report to specified congressional committees on any FASB actions taken relating to the SEC recommendations submitted to Congress on December 30, 2008.

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Documents

3 official files

Introduced in House (text)

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