When the Financial Accounting Standards Board announced last month that companies had until Dec. 31 to move securities out of the "held to maturity" category, some bankers assumed they could make as many such transfers as they wanted.

Not so.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.