Nevertheless, the publication of SEC’s report did not satisfy the critics of SFAS No. 157. The Wall Street Journal reported, in its analysis of public filings, that thirty-one financial firms and trade groups had formed a coalition in early 2009 and spent $27.6 million to lobby legislators about the rule and other issues.11 Later, after some contentious hearings in congress, where the FADB’s standard-setting authority was threatened by some of its members, the FASB amended FASB amended SFAS No 157 by issuing FASB Staff Position (FSP). FAS 157-4 (see FASB ASC 820-10-65).