SIFMA provides comments to the State of California Franchise Tax Board on the regulations relating to sales other than sales of tangible personal property in California, CCR 25136. SIFMA seeks to clarify some ambiguities particular to the financial services industry, which will provide guidance to both taxpayers and the Franchise Tax Board (FTB). SIFMA includes draft language for the FTB’s review and describes the rationale behind its recommendations.
SIFMA and ISDA submitted comments to the CFTC on its proposed Revisions to Business Conduct and Swap Documentation Requirements for…
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether the rebuttable fraud-on-the-market presumption for establishing reliance in…
SIFMA provided comments to the U.S. Securities and Exchange Commission (SEC) on to urge the Commission to disapprove the proposal.