BNA Recap - CDS Clearinghouse, TARP Warrant Treatment

The November tenth issue of the BNA Securities Regulation Law Report summarizes, from an internal SEC document, the SEC's work on the recently announced central clearinghouse for credit default swaps. (40 SRLR 1860)

The same issue contains an interview with FASB member Leslie Seidman about accounting treatment of the warrants issued to Treasury through the TARP equity purchase program. FASB's letter to Treasury about accounting treatment of TARP warrants can be found here. (40 SRLR 1860)