BDO Comment Letter - Reference Rate Reform (Topic 848) and Derivatives and Hedging (Topic 815)

May 2022

May 24, 2022 - Reference Rate Reform (Topic 848) and Derivatives and Hedging (Topic 815)

BDO supports the Board’s proposed deferral of the sunset date of Topic 848 and amendments to the definition of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate.