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Off the Mark: Business Development Companies’ Discrepancies in Fair Value Reporting of Loan Values

Off the Mark: Business Development Companies’ Discrepancies in Fair Value Reporting of Loan Values

Current SEC regulations require that companies use market values when appraising their assets to fair value. When market prices are not immediately apparent though, as in the case of BDC loans, determining a fair value becomes a less uniform process. While Accounting Series Releases 113 and 118 provide some guidance on marking illiquid assets toRead more about Off the Mark: Business Development Companies’ Discrepancies in Fair Value Reporting of Loan Values[…]