Aug 28th 2008
SEC’s press release, there will be a sixty day comment period on the proposal. Additionally, the SEC also voted on a number of items impacting Foreign Private Issuers and cross-border business combinations, as noted in this SEC press release. Separately, FASB voted to propose for public comment its proposals on going concern and subsequent events. Read more about these SEC and FASB developments (and about decisions reached at FASB's Aug. 27 board meeting) here.