Rep. Nickel Calls on SEC Chair Gary Gensler to Withdraw SAB 121
May 16, 2024
May 16, 2024
WASHINGTON, May 16 -- Rep. Wiley Nickel, D-North Carolina, issued the following news release on May 15, 2024:
Today, ahead of an expected Senate vote on H.J.Res 109, Congressman Wiley Nickel (NC-13) sent a letter to SEC Chair Gary Gensler calling on the agency to withdraw its Staff Accounting Bulletin 121 (SAB 121) in order to protect investors and the financial system, bolster American competitiveness, and respect Congress's role in the administrative rulemaking process.
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Today, ahead of an expected Senate vote on H.J.Res 109, Congressman Wiley Nickel (NC-13) sent a letter to SEC Chair Gary Gensler calling on the agency to withdraw its Staff Accounting Bulletin 121 (SAB 121) in order to protect investors and the financial system, bolster American competitiveness, and respect Congress's role in the administrative rulemaking process.
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