ICI Asks Treasury for Clear Rules on 351 Conversions
The Investment Company Institute has filed a comment letter with the Treasury Department asking for guidance on 351 conversions. The strategy lets investors move concentrated stock positions or full portfolios into ETFs without triggering an immediate capital gains bill, as Bloomberg reports. Why it matters ICI has met with Treasury officials twice. At one point ... <a title="ICI Asks Treasury for Clear Rules on 351 Conversions" class="read-more" href="https://section351exchange.com/section-351-regulation/ici-asks-treasury-for-clear-rules-on-351-conversions/" aria-label="Read more about ICI Asks Treasury for Clear Rules on 351 Conversions">Read more</a>
