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Wednesday, October 14, 2026The Morning Brief →Sign in
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Ashurst Perkins Coie

In network coverage since October 7, 2026 · 3 stories
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IRS guidance targets abusive 351 ETF conversions; Baird's Steffen says sound deals remain viable

Notice 2026-62 and companion Rev. Rul. 2026-20, issued Sept. 28, treat one seeding-and-redemption sequence as a taxable exchange while expressing no view on funds that keep assets matching their strategy.
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