Washington tax talk these days seems focused on hedge funds, their investors and their managers.
Now that the Senate has disposed of the immigration reform bill, perhaps it and the House of Representatives can turn their attention to a matter at least as serious: reform or repeal of the alternative minimum tax — preferably repeal.
Exchange-traded notes are the newest wrinkle from Barclays, the main sponsor of exchange-traded funds.
Mutual fund companies seem to be willing to challenge corporate management on some governance issues, but there still is a way to go before they will be seen as pulling their weight.