The Permanent Subcommittee on Investigations has scheduled a hearing, “Abuse of Structured Financial Products: Misusing Basket Options to Avoid Taxes and Leverage Limits,” on Tuesday, July 22, 2014, at 9:30 a.m., in Room 216 of the Hart Senate Office Building.
The Subcommittee hearing will examine a set of transactions that utilize financial engineering and structured financial products to attempt to avoid paying U.S. taxes on short-term capital gains. Witnesses will include representatives of major financial institutions, as well as tax experts from a nonprofit institution and the U.S. Government Accountability Office.
Chief Administrative Officer, Americas, Barclays
Chief Executive Officer, Barclays Capital Inc.
President and Managing Director, Deutsche Bank Securities Inc.
Co-Head of Global Prime Finance
Co-Chief Executive Officer and Co-President
Renaissance Technologies LLC
Managing Director, Deutsche Bank Securities Inc.
Global Head of Risk and Pricing for Global Prime Finance
Executive Vice President, Chief Financial Officer, Chief Compliance Officer, and Chief Legal Officer
Renaissance Technologies LLC
U.S. Senate Committee on Homeland Security & Governmental Affairs
340 Dirksen Senate Office Building Washington, DC, 20510
(202) 224-4751