SEC’s Hester Peirce questions Commission’s stubborn stance on SAB 121

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has raised ongoing concerns about the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). Peirce’s comments came after a Sept. 9 speech by SEC Chief Accountant Paul Munter, who affirmed that the Commission’s stance on SAB 121 remains unchanged. SEC’s unchanged position Munter emphasized that the […] source: https://cryptoslate.com/secs-hester-peirce-questions-commissions-stubborn-stance-on-sab-121/