External resource

Proposed Topic 820 update for investment-company contractual sale restrictions

Official July 2026 proposal concerning fair value measurement by investment companies for specified equity securities subject to contractual sale restrictions.

Authority and currency

About this authority

Publisher: Financial Accounting Foundation
Standing: Primary authority
Version: Proposed ASU dated 2026-07-01
Relevant parts: Proposal title, scope, and July 2026 comment process
Currency: current · checked Aug 8, 2026

Open the primary source

The proposal is retained as a narrow standards-clock signal. The core module uses current Topic 820 and supplied fair values; it does not forecast the proposal's outcome or teach an investment-company exception as a general rule.