Our expert speakers will discuss straddle rules, short sale rules and technical limitations on losses. They will explain the rules applicable to financial instruments which affect timing and recognition of income and gains and provide an overview of the hedging rules. IRS final regulations on Sec. 475 Mark to Market were just issued in June 2007. Proposed regulations for contingent swaps are complex, include important concepts and revised regulations are expected soon. Have you studied them? The American Jobs Creation Act (enacted in October 2004) and Technical Corrections (enacted in late 2005) revised the straddle rules, and the IRS issued important technical memoranda regarding capitalization of interest by asserting the straddle rules — do you understand the changes and these developments? Additional time will be spent explaining the straddle rules and how they can affect transactions — have you analyzed the implications for your tax planning? This is your opportunity to get a thorough grounding whether you are a novice who needs the nuts and bolts — or more experienced, but in need of a refresher. Our highly rated speakers explain the rules to you in an easy-to-understand format, and the course notebook includes useful reference materials that can assist you in the office. In a concentrated program led by industry experts, you will learn the skills to be among the winners. This program will be interactive, with ample time to question the faculty and gain the solid foundation essential for your success. Plus — you’ll get a full update on the impact of the latest regulations and proposed regulations (including contingent swap and market safe harbor) as well as rules and court decisions affecting taxation of various financial products.