FIF Cost Basis Working Group
This working group will address implementation issues associated with the new cost basis
requirements as laid out in the Economic Recovery Plan (Section 403 of the Act) passed on
October 3, 2008.
Chairs: Robert Linville, Broadridge; Brian Godfrey, Charles Schwab
FIF Cost Basis Relevant Links
FIF Cost Basis Survey Report
The purpose of this report is to gather information to assist the industry in reducing the effort required to implement the new cost basis requirements and to better understand how firms are approaching the implementation effort.
FIF Cost Basis Tracking Portal (FIF Member Only)
FIF maintains a list of hyperlinks related to the Cost Basis Initiative.
Industry Meetings
Meeting Materials/Minutes
(FIF members please log in to access documents)
March 18, 2010 - FIF Cost Basis WG Meeting Materials
[Posted: 2010-03-18]
Meeting materials include the recap of FIF Subgroup meetings on Transfers, Issuer Reporting and Miscellaneous Issues
August 11, 2009 - FIF Cost Basis WG Meeting Materials
[Posted: 2009-08-06]
Meeting Materials include aggregated survey data based on the results of the FIF Cost Basis Survey.
March 26, 2009 - FIF Cost Basis WG Meeting Materials
[Posted: 2009-03-31]
Meeting materials include Draft of Final Comment Letter to the IRS on Notice 2009-17
March 10, 2009 - FIF Cost Basis WG Meeting Materials
[Posted: 2009-03-09]
Meeting materials include Comment Letters from FIF Member Firms, FIF's Initial Comment Letter to the IRS, the IRS Notice 2009-17 and Feedback on IRS Questions
Current Documents
(FIF members please log in to access documents)
FIF Cost Basis Issues List - Dec 2009
[Posted: 2009-12-14]
Updated FIF Cost Basis Issues List based on recent Meetings and Member Feedback
FIF Cost Basis Survey Report
[Posted: 2009-09-09]
Report covering results of the FIF Cost Basis Survey
FIF Cost Basis Survey Preliminary Results
[Posted: 2009-08-07]
Preliminary Results of the FIF Cost Basis Survey
Section 403 of The Emergency Economic Stabilization Act of 2008
[Posted: 2009-02-12]
Section 403 of The Emergency Economic Stabilization Act of 2008 - Broker Reporting of Customer's Basis in Securities Transactions
1099 Cost Basis Reporting Initiative Overview
[Posted: 2009-02-12]
Broadridge presentation on Cost Basis Law, High Level Requirements, Issues and Next Steps
Archive Documents
(FIF members please log in to access documents)
FIF Cost Basis Issues List
[Posted: 2009-10-14]
Updated FIF Cost Basis Issues List based on recent Meetings and Member Feedback
FIF Cost Basis Issues List
[Posted: 2009-10-05]
Updated FIF Cost Basis Issues List based on Member Feedback
FIF Cost Basis Issues List
[Posted: 2009-08-06]
FIF Cost Basis Issues List based on Member Feedback
fifinfo@fif.com . 212 422 8568
Financial Information Forum. 5 Hanover Square New York, NY. 10004
