Financial Bulletin is a periodic publication covering regulations and developments affecting the hedge fund, mutual fund and broker-dealer industries.
On Aug. 4, 2010, New York Governor David A. Paterson signed a budget bill that makes numerous state and local tax changes. The budget legislation extends the captive real estate investment trust (REIT) and captive regulated investment company (RIC) provisions that were enacted in 2008 and amends the captive REIT definition. This Financial Bulletin, released on Aug. 25, 2010, discusses these issues and other changes. Read more.
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