SAVANNAH, Ga. — The Treasury Department is planning to propose regulations on issue price and other arbitrage-related issues, including long-term working capital grants, John Cross 3d, Treasury’s associate tax legislative counsel, told bond lawyers meeting here Thursday.

Speaking at the National Association of Bond Lawyers’ annual Tax and Securities Law Institute, Cross wouldn’t specify when the regulations would be released, but said the Treasury is “near completion and it’s going through the review process.”

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