05/21/2013
https://www.congress.gov...
"I think there is lost revenue because if, in fact, a mutual fund is going to invest in a company that does commodity trading and does not do it in a tax-sheltered location, they are going to pay taxes..."
"We are treating symptoms rather than some of the underlying problems."
"We have to create the funds so there are more Dr. Jack McClellans."
"I think what you are going to find is people like Dr. Jack McClellan were not the ones writing the vast majority of these prescriptions."