On: I.R.S. Cracks Down on Hedge Fund Tax Strategy

[Maarten88]

Or maybe they move the most successful trades from client's funds into this employee fund, and move the unsuccessful ones out to client's funds?

[logfromblammo → Maarten88]

Oh, I like that one too, but how would they cover their asses in the event of an audit? Retroactive accounting?

[Maarten88 → logfromblammo]

If they can move ownership for a year, they'll certainly have no problems moving it for a few hundred milliseconds...

I think they'll probably use a database that's "eventually consistent" ;-) I