Tag: SAB

U.S. Lawmakers Seek to Overturn SEC’s Crypto Accounting Policy ‘SAB 121’

U.S. Lawmakers Seek to Overturn SEC’s Crypto Accounting Policy ‘SAB 121’

"The SEC issued SAB 121 without conferring with prudential regulators despite the accounting standard’s effects on financial institutions’ treatment o [...]
Congress members urge financial authorities to invalidate SEC’s SAB 121

Congress members urge financial authorities to invalidate SEC’s SAB 121

Congress members have submitted a memo urging key financial authorities, including the Chairman of the Board of the Federal Deposit Insurance Commissi [...]
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