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Costs of Cost-Basis Reporting


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#1 vitaminm

vitaminm

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Posted 12 September 2011 - 10:07 AM

Fund Firms Face Costs of Cost-Basis Reporting.........

For mutual funds, the regulations come into effect on January 1, 2012, and for debt instruments, options and other securities on January 1, 2013. Firms may voluntarily decide to follow the rules for securities accounts opened prior to those dates.





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