The Goldman Sachs Group v. Sjunde Ap-Fonden
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: What is the legal standard in class certification…
SIFMA provides comments to the U.S. Department of Treasury (Treasury) on regulatory guidance in development by Treasury and the Internal Revenue Service (IRS) of the definition of “issue price” in Treas. Reg. § 1.148-1(b). Issuers and other marketplace participants continue to struggle with the resulting uncertainty surrounding the question of issue price in the-tax exempt market. This issue arose in 2009 and 2010 in the context of the Build America Bonds (BABs) program. SIFMA, along with the National Association of Bond Lawyers (NABL) and the Government Finance Officers Association (GFOA), previously submitted information to Treasury concerning the question of issue price for BABs. In this correspondence, SIFMA addresses in depth two areas of the underwriting and marketing process that should be considered by the Treasury and IRS in its deliberative process.
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: What is the legal standard in class certification…
SIFMA and SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) requesting that the SEC take necessary steps…
SIFMA AMG, Investment Company Institute (ICI), American Chamber of Commerce in Australia (AmCham Australia), Information Technology Industry Council (ITI), Managed…