Fair Value Accounting Standards Reform Act of 2008 - Directs the Securities and Exchange Commission, upon enactment of an Act or Joint Resolution in 2008 providing for the economic recovery of financial institutions, to revise by rule, regulation, or order the application of fair value accounting, including Statement Number 157 of the Financial Accounting Standards Board, to any financial institution.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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