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NAREIT has provided a comment letter
on the proposed FASB Staff Position
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(FSP) to amend FASB Statement No. 132,
Employers' Disclosures About Pensions and Other Postretirement
Benefits. The letter recommended clarifying the FSP to provide
employers with the flexibility to classify their investments in
REITs and publicly traded real estate equities in the real estate
category, the equity securities category or both, depending on
whether employers' hold the securities in their real estate
allocations, their equity securities allocations, or both. To read
the letter,
click here.
5/7/08
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