The Financial Accounting Standards Board may delay-for a second time-enforcement of its controversial derivatives rule.

Issued in June 1998, FAS 133 requires companies to report derivatives at fair market value on quarterly income reports. It has drawn strong criticism from banks and trade groups, largely because of its complexity.

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.