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Security positions resulting from proprietary trading shall be measured subsequently at fair value, including both of the following:
  1. a
    Inventory
  2. b
    Obligations for short inventory positions.
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Any unrealized gains or losses resulting from subsequent measurements of these to fair value shall be included in profit or loss.
","snippet":"Any unrealized gains or losses resulting from subsequent measurements of these to fair value shall be included in profit or loss.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e78f975a32557bf943ca60bc7b7e8b4ba5a7c0a94baa37ad38d45595227dd6c3","downloaded_from":"2026-09-09T23:35:49.652Z","last_downloaded_at":"2026-09-09T23:35:49.652Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479447","source_sha256":"e9d92e70be7bd85d3342d17698210dc9f4877406aaae98bfee2493982f90b9f2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:999b2b17de34ed787f5c324ad867024e87bd37f3cbffcf60866f8d2b915171d0","downloaded_from":"2026-09-09T23:35:49.652Z","last_downloaded_at":"2026-09-09T23:35:49.652Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479447","source_sha256":"e9d92e70be7bd85d3342d17698210dc9f4877406aaae98bfee2493982f90b9f2"}},{"block":"Proprietary Trading Securities","heading":"Trading Gains and Losses","paragraphs":[{"citation":"320-940-35-3","para":"35-3","html":"
The profit or loss shall be measured by the difference between the acquisition cost and the fair value.
","snippet":"The profit or loss shall be measured by the difference between the acquisition cost and the fair value.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3325fca808c9f0ed6ca8330cb982ac841857300158697c87eef82382325d9e32","downloaded_from":"2026-09-09T23:35:49.652Z","last_downloaded_at":"2026-09-09T23:35:49.652Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479447","source_sha256":"e9d92e70be7bd85d3342d17698210dc9f4877406aaae98bfee2493982f90b9f2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a35f59c104d29d00cc6b9971980e4e548e4caad378cf2fe43b8ed6a21078d491","downloaded_from":"2026-09-09T23:35:49.652Z","last_downloaded_at":"2026-09-09T23:35:49.652Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479447","source_sha256":"e9d92e70be7bd85d3342d17698210dc9f4877406aaae98bfee2493982f90b9f2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05ad28d69103987302324149bb1f18c890a98e7afd11aae22f03c63961c64043","downloaded_from":"2026-09-09T23:35:49.652Z","last_downloaded_at":"2026-09-09T23:35:49.652Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479447","source_sha256":"e9d92e70be7bd85d3342d17698210dc9f4877406aaae98bfee2493982f90b9f2"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05ad28d69103987302324149bb1f18c890a98e7afd11aae22f03c63961c64043","downloaded_from":"2026-09-09T23:35:49.652Z","last_downloaded_at":"2026-09-09T23:35:49.652Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479447","source_sha256":"e9d92e70be7bd85d3342d17698210dc9f4877406aaae98bfee2493982f90b9f2"}}