I don't think you have read what you just posted. it is in plain English:
"a loss that is sustained on the worthlessness or disposition of stock acquired on the open market for investment is a capital loss, even if the decline in the value of the stock is attributable to fraudulent activities of the corporation’s officers or directors,"
Since 2008 we have a new pres form rep to dem so the irs tax rules do change
Market Data 
Markets 
AI
