SEC Announces November 21 Roundtable on Mark-to-Market Accounting
FOR IMMEDIATE RELEASE
Washington, D.C., Nov. 14, 2008 — The Securities and Exchange Commission announced today that on Nov. 21, 2008, at 9:30 a.m., ET, it will host the second of two roundtables on "mark-to-market" accounting and current market conditions.
This roundtable, along with the previous roundtable hosted on Oct. 29, 2008, will provide input to the SEC as part of a Congressionally mandated study pursuant to the Emergency Economic Stabilization Act of 2008.
This roundtable will consist of a single panel, which will focus on potential improvements to the current accounting model and implications of possible changes.
The panel will include investors, accountants, regulators, business leaders, and other interested parties. Additionally, representatives from the U.S Department of Treasury, Federal Reserve Board, Financial Accounting Standards Board (FASB), International Accounting Standards Board (IASB), and Public Company Accounting Oversight Board (PCAOB) will be present as observers.
The roundtable will be held in the auditorium at the SEC's headquarters at 100 F Street, NE, in Washington, D.C. A final agenda including a list of participants and moderators will be announced at a future date. The roundtable will be open to the public with seating on a first-come, first-served basis. The roundtable also will be webcast on the SEC Web site.
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