Tag: TabbForum

Tax Avoidance or Smart Investing?

What else can derivatives be blamed for?  OTC equity derivatives are now in the spotlight of the IRS for promoting tax avoidance.  The theory is that an equity swap allows the purchaser to collect dividends on the “swapped” stock without paying the taxes associated with actually owning that stock.  I can certainly see the merit […]

Latency Transparency and the SEC: Interesting but not Relevant

Almost everyone agrees on one thing regarding financial reform – the need for more transparency.  Price transparency, market transparency and open position transparency have been talked about quite a bit.  But within the SEC’s recent equity market structure concept document they’ve brought into focus a new one: “latency transparency”. Full Perspective Here