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Developments at the FASB and the SEC

  • FASB (US Financial Accounting Standards Board) (lt blue) Image
  • SEC (US Securities and Exchange Commission) Image

Nov 15, 2016

In November 2016, Financial Accounting Standards Board (FASB) Chairman, Russell Golden, has been reappointed for a second term and Securities and Exchange Commission (SEC) Chair, Mary Jo White, will step down.

The Board of Trustees of the Financial Accounting Foundation (FAF) announced the reappointment of Russell G. Golden as Chairman of the Financial Accounting Standards Board (FASB). The Trustees have also announced the appointments of Marsha L. Hunt and Harold L. Monk Jr. as new board members of the FASB. Russell Golden began his term as the seventh chairman of the FASB in 2013. His first term as chairman extends to June 30, 2017, and his second and final term will conclude on June 30, 2020. Review the press release on the FASB's website.

At the US Securities and Exchange Commission (SEC), Chair Mary Jo White announced that she plans to leave the SEC at the end of the Obama Administration. Mary Jo White, who became the 31st Chair of the SEC in April 2013, has been one of the SEC’s longest serving Chairs. Review the press release on the SEC's website.

Correction list for hyphenation

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