US FASB to discuss mark-to-market Monday--website

NEW YORK, March 13 (Reuters) - The U.S. Financial Accounting Standards Board, which sets U.S. accounting rules, will discuss mark-to-market accounting guidance at its board meeting on Monday, according to its website.

The board says it will discuss "additional application guidance that would clarify how mark to market is used in illiquid markets, according to the website. (Reporting by Emily Chasan; Editing by Andre Grenon)