Biggest burden from Camp’s comprehensive tax review could fall on retail investors


Although the first soundings on an overhaul of the US tax system failed to recognise that retail investors were buyers of derivatives, the latest comments from structured product bankers suggest they will be caught in the proposed reforms, whereas hedge funds and institutions will not because they tend to trade the investments rather than holding them for more than a year. Although it may not materialise until 2015, some legislation is expected to appear.

David Camp, Republican chairman of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

Risk Management

Hints on quantification approaches

Tiziano Bellini, head of risk integration competence line, international markets at Prometeia, examines the key components of successful model risk management, focusing on the importance of integration, processes, governance and IT solutions to…

Receive this by email

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: