What's New in the Division of Corporation Finance
November 2007

Accounting and Financial Reporting

• Selected Staff Accounting Bulletins
   
  • Staff Accounting Bulletin No. 109, (November 5, 2007): SAB 109 discusses the staff's views on the accounting for written loan commitments that are recorded at fair value through earnings under generally accepted accounting principles. (PDF version)

No-Action, Interpretive and Exemptive Letters

• Bausch & Lomb Incorporated, November 6, 2007
   
• FoxHollow Technologies, Inc., November 2, 2007
   

Division Speeches and Public Statements

• Division Statement (re: Shareholder Proposals Relating to the Election of Directors) before the Commission Open Meeting by Lillian C. Brown, Senior Special Counsel to the Director, Division of Corporation Finance, Washington, D.C. (November 28, 2007)
   
• Division Statement (re: Electronic Shareholder Forums) before the Commission Open Meeting by Tamara Brightwell, Senior Special Counsel to the Director, Division of Corporation Finance, Washington, D.C. (November 28, 2007)
   
• Acceptance of IFRS Financial Statements without Reconciliation to U.S. GAAP, Opening Remarks before the Commission Open Meeting, by John W. White, Director, Division of Corporation Finance, Washington, D.C. (November 15, 2007)
   
• Division Statement (re: Acceptance of IFRS Financial Statements without Reconciliation to U.S. GAAP) before the Commission Open Meeting by Michael D. Coco, Special Counsel, Office of International Corporate Finance, Division of Corporation Finance, Washington, D.C. (November 15, 2007)
   
• Acceptance of IFRS Financial Statements without Reconciliation to U.S. GAAP, Opening Remarks before the Commission Open Meeting, by Conrad Hewitt, Chief Accountant, Washington, D.C. (November 15, 2007)
   
• Acceptance of IFRS Financial Statements without Reconciliation to U.S. GAAP, Opening Remarks before the Commission Open Meeting, by Katrina A. Kimpel, Professional Accounting Fellow, Office of the Chief Accountant, Washington, D.C. (November 15, 2007)
   
• Division Statement (re: Smaller Reporting Company Regulatory Relief and Simplification; Revisions to Securities Act Rules 144 and 145 to Shorten Holding Periods; and Exemption of Compensatory Employee Stock Options from Registration Under Exchange Act Section 12(g)) before the Commission Open Meeting by Johanna Vega Losert, Attorney-Advisor, Division of Corporation Finance, Washington, D.C. (November 15, 2007)