The Commerce Life Cycle: 5 Key Phases
In the U.S., the Securities and Trade Commission (SEC) and the Commodity Futures Buying And Selling Fee (CFTC) oversee index derivatives, imposing place limits and reporting obligations. For instance, Section 1256 of the Internal Revenue Code applies to sure index futures, subjecting them to a 60/40 tax rule—where 60% of gains are taxed as long-term […]