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Politics : Ask Michael Burke
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To: grinder965 who wrote (83723)9/24/2000 11:56:40 AM
From: Knighty Tin   of 132070
 
Mike, Yes, the wash sale rules apply to funds. In fact, there used to be another crippling sales timing rule that applied to them, the infamous "Short-Short Rule." Fortunately, that rule, which I fought and failed to defeat when I was a fund manager, has finally been abolished.
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