The Equity Conformity Rule requires that marketable securities must be marked to market for tax purposes.

Name: The Equity Conformity Rule requires that marketable securities must be marked to market for tax purposes.
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The Equity Conformity Rule is a provision in the U.S. tax code that allows taxpayers to use mark-to-market accounting for their trading gains and losses on marketable securities. However, it is not mandatory and taxpayers can elect to use other accounting methods.

The Equity Conformity Rule Requires That Marketable Securities Must Be