Higher prices at the pump got you down? Recent news stories suggest that commodity speculation may be a significant factor. (See, e.g., "Pump Prices Climb to Record High Level," Los Angeles Times (February 7, 2012)). The Commodity Futures Trading...
By Michael R. Miles
On December 22, 2010, President Obama signed the "Regulated Investment Company Modernization Act of 2010" (the Act). As the name implies, the Act is intended to update many of the tax rules applicable to regulated investment...