Which of the statements pertaining to IFRS 9 is incorrect? IFRS 9 requires that all non-strategic equity investments investments be measured at fair value. IFRS 9 no longer allows equity investments that are investments in private companies to be measured at cost. IFRS 9 allows for an entity to report the fair value changes on equity investments that are not held for trading in OCI. IFRS 9 requires that when a debt or equity investment is sold, any gains or losses in AOCI are cleared out and transferred directly to retained earnings.