FSP FAS 157-4 has been deemed as an additional clarification for fair value measurements by many accountants, rather than a completely new guidance. The FSP addresses the problem of determining fair value when a transaction may have not been orderly (i.e. forced sale) or when the market for the transaction may have not been active.
FSP [...]
FSP FAS 157-4 Determining Fair Value When the Volume and Level of Activity for the Asset Have Significantly Decreased and Identifying Transaction That Are Not Orderly
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