03/27/2023
https://congress.gov...
"My understanding, Ms. Seidman, is that rules are in promulgation or being looked at in regards to how to recognize leaseholds."
"Any sense where that is going? And my reason is--I instantly can start to think of ways this gets gamed."
"My only concern is that sort of law of unintended consequences that if we reach way back in time, we saw the devastation happen when we changed the installment sale rules."
"This is a major and unwarranted exception to the carefully crafted Dodd-Frank reforms, and it creates the possibility of regulatory arbitrage."