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FASB Issues FSP 157-d for Comment

10/3/2008 · by FASB · Securitization Accounting Issues · Research and Background Documents

This proposed FASB Staff Position (FSP) would amend FASB Statement No. 157, Fair Value Measurements, to clarify its application in an inactive market by providing an illustrative example to demonstrate how the fair value of a financial asset is determined when the market for that financial asset is inactive.

Tags: FASB 157 · FAS 157 · fair value · measurements · cmbs · securitization ·

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