SEC Deputy Chief Accountant Wesley Bricker discussed the development by the Financial Accounting Standards Board of new loss accounting standards, which he said, comprised part of what will become a series of new accounting standards.
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ISDA launched a Resolution Stay Jurisdictional Modular Protocol intended to help market participants comply with newly amended regulations relating to the cross-border enforceability of stays on contractual termination rights.
Stanford University psychologists determined that inducing strong emotions in older adults, whether positive or negative, increased their inclination to buy falsely advertised items.
The Consumer Financial Protection Bureau requested comments on proposed rules that prohibit mandatory arbitration clauses that deny aggrieved consumers the ability to participate in a class action.
FINRA reminded member firms that it funds the budget of the Governmental Accounting Standards Board ("GASB") with the GASB Account Support Fee, collected on a quarterly basis from member firms that report trades to the MSRB.