Banking Execs Join US Accounting Board’s Investor Advisory Panel

A slate of new advisers are joining the US accounting board’s panel focused on corporate financial reporting’s usefulness to investors.

Larry Lee, managing director at JP Morgan Asset Management, and Kate Konetzke, a vice president in equity research at Morgan Stanley, are among four new members appointed to the investor advisory committee, the Financial Accounting Standards Board said Monday.

They join a mix of buy-side and sell-side investors and credit and equity analysts that advise FASB on its agenda, emerging issues, and public outreach.

The group is slated to ...