Treasury Flags 'Potentially Abusive' Tax Trades

Bloomberg's Zachary Mider and Brent Sullivan, editor at Tax Alpha Insider, join Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." The US Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be "too good to be true." The strategies under scrutiny include so-called 351 conversions.