House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources
A House proposal to revoke the U.S. Securities and Exchange Commission's Staff Accounting Bulletin 121 is likely to pass through the Senate in a vote on Thursday, multiple people familiar with the situation told CoinDesk.
![House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources](https://www.coindesk.com/resizer/0JiKdWP8QTEs2sLf9nJjeOno42s=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NWG7S45VV5GP5B3XQ6Y2MUC6IU.jpg?#)
A House proposal to revoke the U.S. Securities and Exchange Commission's Staff Accounting Bulletin 121 is likely to pass through the Senate in a vote on Thursday, multiple people familiar with the situation told CoinDesk.
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