*Letters

SIA Submits Comments to the IRS on the Valuation of Securities

Published on:
July 13, 2000

The Committee on the Federal Taxation of the Securities Industry of the Securities Industry Association (SIA)* provides comments to the Internal Revenue Service (IRS) on IRS questions regarding the valuation of securities.SIA notes the IRS questions appear to be designed to aid in the development of an alternative methodology for pricing securities for which no ready market exists. SIA believes it is both unnecessary and unproductive for the IRS to attempt to develop a methodology capable of producing independent estimates of the fair market value of dealers’securities for purposes ofSection 475 of the Internal Revenue Codeaddressing mark-to-market.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.