The Government Accounting Standards Board this week will examine the pre-draft ballot for new regulations for derivatives accounting standards, marking the first time the board will see the entire document.

Randal Finden, GASB's manager of the project, spoke at The Bond Buyer's Eighth Annual National Municipals Derivatives Institute and explained the new standards. He said the board will take a look at the document, work through any discrepancies, and then vote on it June 12. Barring any major changes, the new standards should be issued by the end of June, he said.

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