implemented by the Financial Accounting Standards Board in 2001 that would force companies to mark the value of all their derivatives to market.

FAS 133, Accounting for Derivative Instruments and Hedging Activities, would require all firms -- including banking companies - to determine the worth of their derivatives, usually on a quarterly basis, and to include them as part of their financial statements.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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