On the recordJuly 21, 2014
This gives rise to significant short-term capital gains for the investors regardless of whether or not they are invested in the fund for the shorter or longer term.
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congress.govCarl Levin: “This gives rise to significant short-term capital gains for the investors regardless of whether or not they are invested…”
Editor's note · Context
Levin highlights the tax implications of the proposed COLT product for investors.
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