In this issue of CFWD we discuss:

- FIN 47 Causes Filing Delays and Uncertainty for Many Issuers
- Federal Banking Agencies Request Comment on Revised Statement Concerning Complex Structured Finance Activities
- FDIC Board Votes to Maintain Premium Rates for Banks and Thrifts for Now, But Future Increases may be Substantial
- NASD and NYSE Issue Joint Guidance on Charitable Contributions
- Notice of Filing of Amendment to Proposed Rule Change under MSRB Rules  
- Principals Lack Standing to Pursue Direct Claims for Injury to LLC
- Accountants’ Inaction Does Not Support Section 10(b) Liability