Department of the Treasury October 18, 2010 – Federal Register Recent Federal Regulation Documents

Open Meeting of the OTS Minority Depository Institutions Advisory Committee
Document Number: 2010-25680
Type: Notice
Date: 2010-10-18
Agency: Department of the Treasury, Office of Thrift Supervision
The OTS Minority Depository Institutions Advisory Committee (MDIAC) will convene a meeting on Wednesday, November 3, 2010, in Conference Room 6A of the Office of Thrift Supervision, 1700 G Street, NW., Washington, DC, beginning at 9 a.m. Eastern Time. The meeting will be open to the public.
Basis Reporting by Securities Brokers and Basis Determination for Stock
Document Number: 2010-25504
Type: Rule
Date: 2010-10-18
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations on broker reporting of sales of securities and on the basis of securities. These final regulations reflect amendments under the Energy Improvement and Extension Act of 2008 that require brokers to report a customer's adjusted basis in sold securities and classify gain or loss as long- term or short-term, and that allow taxpayers to compute the basis of certain stock by averaging. The regulations affect brokers and custodians that make sales or transfer securities on behalf of customers, issuers of securities, and taxpayers that purchase or sell securities. The regulations also reflect amendments that provide brokers and others until February 15 to furnish certain information statements to customers.