Mandatory Cost Basis Reporting: Are You Ready?

Beginning Jan. 1, 2011, cost basis reporting becomes mandatory for all brokers executing transactions that involve publicly traded securities. You must address technology and data issues now if you are to ensure future compliance with the regulations. Firms that are not prepared to assess and address their current system needs risk both customer service disruptions and significant tax penalties. Are you ready?

Even if you already have a solution in place, are you sure it meets all of the new regulatory requirements? Find out by downloading the Cost Basis Readiness Checklist.

Based on your answers, you may want to learn more about SunGard’s Cost Basis Reporting Engine — available as a separate solution for integration with your existing accounting systems. With SunGard’s reliable and cost-effective Cost Basis Reporting Engine in place, you can address both current and future needs to help bring your firm into compliance. Download SunGard’s Cost Basis Reporting Engine data sheet now to learn more.