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SEC Commissioner Hester Peirce Slams Agency's Approach With SAB 121

Summary by Coingape
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has voiced ongoing reservations regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). Her remarks followed a speech on September 9 by SEC Chief Accountant Paul Munter, who reiterated that there has been no change in the Commission’s perspective on SAB 121. SEC Maintains Support for SAB 121 But Hester Peirce Has Concerns Hester Peirce was referring to Munter wh…
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