INSTITUTE FOR PORTFOLIO ALTERNATIVES FORMERLY INVESTMENT PROGRAM ASSOCIATION

FIN · Financial Institutions/Investments/Securities

Regulation D and Accredited Investor Definition. Share Repurchase Disclosure Modernization Proposal. Acquired fund fees and expenses transparency for Business Development Companies (BDCs). Issues related to closed-end fund investments. Issues related to 401(k) and 403(b) defined contributions. Issues related to fiduciary duties regarding asset classes under ERISA (Retirement Savings Modernization Act). Issues relating to federal registration of securities.

TAX · Taxation/Internal Revenue Code

Issues related to the application of the Foreign Investment in Real Property Tax Act and proposed Section 899. Issues related to individual retirement accounts. Issues related to non-traded REITs and BDCs. Issues related to the definition of domestically controlled qualified investment entities (DCQIEs). Issues related to Opportunity Zones. Issues related to IRC section 1031 like-kind exchanges. Issues related to qualified business income deduction (IRC section 199A).

RET · Retirement

Issues relating to 401(k) defined contributions. Issues relating to Fiduciary Duties Regarding Asset Classes under ERISA (Retirement Savings Modernization Act), Department of Labor Retirement Security Rule: Definition of Investment Advice Fiduciary and Related Exemptions.