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Letter to U.S. House of Representatives Committee on Financial Services: Investor Protection Act

Tuesday, November 3, 2009

The Institute of Management Accountants ("IMA") and The Financial Reporting Committee ("FRC") of the IMA wish to provide their views on a potential amendment discussed in recent Financial Services Committee deliberations of the Investor Protection Act that would place accounting standard setting under the new systemic risk regulator. FRC reviews and responds to research studies, statements, pronouncements, pending legislation, proposals and other documents issued by domestic and international agencies and organizations on financial reporting matters.

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