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On November 18, the Federal Reserve Board, the FDIC and the OCC proposed clarifications to the revised regulatory capital rules adopted by the agencies in July 2013.
On November 18, the SEC released a Staff Accounting Bulletin
(SAB) torescind portions of the
interpretive guidance included in its SAB Series for what
is known as pushdown accounting. The new bulletin brings
existing guidance into conformity with Accounting
Standards Update No. 2014-17 – Business Combinations (Topic
805). Release. Bulletin.
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