John Hancock Financial Services submitted a letter yesterday to the Financial Accounting Standards Board for its consideration at today’s meeting. Last week FASB added a discussion of the unresolved staff position related to FIN 46 and the expected loss/expected residual return analysis to the agenda .

Hancock is most concerned with whether or not fees paid to a decision maker — if this enterprise has no other interests in the VIE — should be included in the expected residual return analysis.

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