The big news this week is Treasury comments at WSTA - Developments in Tax Aware Financial Product Strategies seminar.
I was on the call, furiously taking notes, but it seems to me an official recording would be in the public interest, and I'm happy to share it broadly if anyone managed to capture the event.
Here's what people are saying:
- K&L Gates: IRS and Treasury Discuss Current Issues With ETFs and Tax Aware Strategies
- Bloomberg: Treasury Flags Concern Over ‘Potentially Abusive’ Tax Trades
- Dumb Money Dispatch: The Bull Market Is High Out of It's Mind
- Tax Alpha Insider: Treasury is "concerned" about "too good to be true" pitches
Here are the slides...
I've spoken with reporters, asset managers and allocators since the event and the general sentiment has been... "okay, now what?"
If anyone has seen thoughtful analysis, please share it.
Otherwise, look at what the Internet came up with this week...
TGIF.