Feds Querying Banks Over Tax-Avoidance Trades: WSJ


Feds Querying Banks Over Tax-Avoidance Trades: WSJ

Financial regulators are heightening their focus on banks involved in complex international trades designed to skirt taxes, the Wall Street Journal reports. The Commodity Futures Trading Commission sent letters to five firms reportedly involved in the exotic transactions, which have already drawn scrutiny from the Federal Reserve and international authorities. Banks defend the so-called dividend-arbitrage trades,…

Oakmark’s Nygren faces off with Morgan Stanley’s Lynch on disruption

activist short selling Investing investThere has been much talk in recent years about disruption and trying to pick companies that will disrupt their industries. The debate continued at the Morningstar Investment Conference as Bill Nygren of Oakmark Funds faced off with Morgan Stanley's Dennis Lynch. Q2 2021 hedge fund letters, conferences and more Persistence Morningstar's Katie Reichart moderated the Read More

Updated on

No posts to display