DDV: new tax rules will make private wealth management more expensive

The German derivatives association (Deutscher Derivate Verband - DDV) is opposing a change in the law and is seeking to file a legal assessment of its impact in response to the government plans to stop plans to eliminate the possibility for investors who suffered an investment loss to be able to use it for tax reduction. SRP spoke to Henning Bergmann ( pictured ), managing director at the DDV, about constitutional concerns around the change of law and how the new rules could impact the structure