The U.S. Treasury Department will provide guidance for taxpayers on the "carried interest" provisions under the Tax Cuts and Jobs Act.
News & Insights
The Investment Company Institute criticized a State of California final feasibility report recommending the establishment of state-run, tax-advantaged, retirement investment plans for workers who do not have access to an employer-sponsored retirement savings plan.
The MFA released the latest edition of its monthly newsletter, MFA Policy Brief . The following items of regulatory interest are included: The MFA's comment letter to the SEC on proposed capital, margin and segregation rules. An update on developments surrounding financial transaction tax proposals in the European Union and the U.S. An MFA piece regarding key provisions in the Jumpstart Our Business Startups ("JOBS") Act designed to remove the general solicitation ban covering private offerings. MFA President and CEO Richard H. Baker's comments on Foreign Account Tax Compliance Act ("FATCA")
76 FR 77670 The CFTC is issuing this interpretation of the term "actual delivery" as set forth in section 2(c)(2)(D)(ii)(III)(aa) of the CEA, which subjects "retail commodity transactions" (leveraged transactions involving commodities other than foreign currency where such transactions do not result in actual delivery within 28 days or create an enforceable obligation to deliver) to the CEA. The CFTC also seeks public comment on whether its interpretation of "actual delivery" accurately construes statutory language. Cross References: Dodd-Frank Section 742(a); CEA Section 2(c)(2)(D)(ii)(III)