FASB may loosen structured-securities valuation rule

12/23/2008 | Wall Street Journal, The

The rule governing valuation of a narrowly defined group of structured securities could be made more flexible under a proposal being considered by the Financial Accounting Standards Board that is open to public comment. The change would give holders of a relatively small group of securities, including some mortgage-backed securities, new leeway to defer taking write-downs.

View Full Article in:

Wall Street Journal, The

Published in Brief: