Securities and Exchange Commission chief accountant Donald Nicolaisen is scheduled to testify this week before a House subcommittee about the commission's decision that Fannie Mae violated accounting rules.

Nicolaisen is slated to appear Feb. 9 before the House Financial Services Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises. The committee, chaired by Rep. Richard H. Baker, R-La., watches over the U.S. capital markets, securities and insurance industries, and government-sponsored enterprises, such as Fannie Mae and Freddie Mac, and oversees the SEC as well as the self-regulatory organizations that police the securities markets.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access