This section shall not apply to investigations involving any security underlying a security futures product.
For purposes of this subsection, a security futures product shall not be considered a class of equity security of the issuer of the securities underlying the security futures product.
L. 107 147, § 412(d)(1)(B)(i), substituted "sale, exchange, or termination of a securities futures contract" for "sale or exchange of a securities futures contract".
For purposes of this title, a securities futures contract shall not be treated as a commodity futures contract.
L. 107 147, § 412(d)(1)(B)(i), (3)(B), inserted "or in section 1233," after "or this section," and substituted "sale, exchange, or termination of a securities futures contract" for "sale or exchange of a securities futures contract".
Except as provided in the regulations under section 1092(b) or this section, or in section 1233, if gain or loss on the sale, exchange, or termination of a securities futures contract to sell property is considered as gain or loss from the sale or exchange of a capital asset, such gain or loss shall be treated as short-term capital gain or loss.
Gain or loss attributable to the sale, exchange, or termination of a securities futures contract shall be considered gain or loss from the sale or exchange of property which has the same character as the property to which the contract relates has in the hands of the taxpayer (or would have in the hands of the taxpayer if acquired by the taxpayer).
I, of course, don't have thousands of experts to consult in thinking about the future, but based on scientific work already on the record, I could still create a very different South Asian scenario, which wouldn't exactly be a formula for uniting the planet behind a better security future.
Only a deep and profound sanity will find and eliminate the causes of global warming, heal the earth, and create a truly sustainable security future.
A company, Security Futures, which contributed £15,000 to Atlantic Bridge, had as one of its directors Oliver Hylton, a senior aide to Mr Hintze.
