[34287] September 15, 2022 TO: Disclosure Working Group RE: October 2022 Disclosure Working Group Call with SEC Staff - Rescheduled to October 17 at 2:30 pm (Eastern Time) Please note that the October 2022 Disclosure Working Group call has been rescheduled from Tuesday, October 11 at...
We wanted to alert you to the fact that two exemptions—for employee information and certain information captured in business-to-business transactions—that have been in place in California's privacy law are set to expire on January 1, 2023.
In August, the Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB) issued proposals and requested comment regarding reducing the trade reporting timeframe for certain transactions reported to the Trade Reporting and Compliance Engine...
The Internal Revenue Service (IRS) recently posted guidance regarding implementation of the newly redesigned forms for withholding on retirement plan distributions, Forms W-4P (Withholding Certificate for Periodic Pension or Annuity Payments) and W-4R (Withholding Certificate for...
The Investment Company Institute's Internal Sales Managers Roundtable will meet on Thursday, October 20, and Friday October 21, 2022, at Macquarie Investment Management's offices at 610 Market Street in Philadelphia, PA. On Thursday, October 20, the meeting will run from 1:30-5:00 pm...
As we previously reported, the Department of Labor (DOL) recently proposed amendments to Prohibited Transaction Class Exemption 84-14 ("PTE 84-14"), a longstanding exemption governing financial institutions acting as qualified professional asset managers (or QPAMs) for IRAs or...
After more than two years of virtual engagement, we are excited to hold an in-person meeting of the Regulated Funds Committee and the Global Advocacy Coordination Advisory Committee in Brussels, Belgium on September 29.
In July, the SEC proposed amendments to Rule 14a-8 (the shareholder proposal rule) by a 3-2 vote. The proposal would narrow three bases upon which companies may exclude shareholder proposals from their proxy statements: the "substantial implementation," "duplication," and...
The next meeting of the Investment Company Institute's (ICI) TAAC will be held on Monday, November 7 from 1:00 p.m. to 5:00 p.m. CT and on Tuesday, November 8 from 9:00 a.m. to 1:00 p.m. CT in conjunction with ICI's Technology Summit.
The next meeting of the Investment Company Institute's (ICI) Securities Operations Advisory Committee will be held on Monday, November 7 from 3:00 p.m. to 5:00 p.m. CT and on Tuesday, November 8 from 9:00 a.m. to 1:00 p.m. CT in conjunction with ICI's Technology Summit.
The next meeting of the Investment Company Institute's (ICI) BTRAC will be held on Monday, November 7 from 1:00 p.m. to 5:00 p.m. CT and on Tuesday, November 8 from 9:00 a.m. to 1:00 p.m. CT in conjunction with ICI's Technology Summit.
The next meeting of the Investment Company Institute's (ICI) BDAC will be held in conjunction with ICI's Technology Summit. Committee meeting sessions are Monday, November 7 from 1:00 p.m. to 5:00 p.m. CT (a BDAC-only session) and Tuesday, November 8 from 9:00 a.m. to 1:00 p.m. CT (a...
The next meeting of the Investment Company Institute's (ICI) Operations Committee will be held on Monday, November 7 from 1:00 p.m. to 5:00 p.m. CT and on Tuesday, November 8 from 9:00 a.m. to 1:00 p.m. CT in conjunction with ICI's Technology Summit.
On August 26, 2022, the Public Company Accounting Oversight Board (PCAOB) announced that it had signed a Statement of Protocol with the China Securities Regulatory Commission and the Ministry of Finance of the People's Republic of China regarding the PCAOB's ability to completely...
In June, the US Department of the Treasury ("Treasury") issued a notice and request for information (RFI) on the possibility of additional post-trade transparency of data for secondary transactions in Treasury securities.[1] On August 19, ICI filed a comment letter discussing member...
On August 12, the Commodity Futures Trading Commission (CFTC) adopted a final rule modifying the swap clearing requirements to reflect the market shift away from the London Interbank Offered Rate (LIBOR) and other Interbank Offered Rates (IBORs) in favor of alternative benchmark...
ICI and several other trade organizations submitted the attached letter to the IRS regarding the newly redesigned forms for withholding on retirement plan distributions, Forms W-4P (Withholding Certificate for Periodic Pension or Annuity Payments) and W-4R (Withholding Certificate for...
As we previously reported, the Department of Labor (DOL) recently proposed amendments to Prohibited Transaction Class Exemption 84-14 ("PTE 84-14"), a longstanding exemption governing financial institutions acting as qualified professional asset managers (or QPAMs) for IRAs or...
[34264] August 19, 2022 TO: ICI Members ICI Global Members Global Tax Committee Management Company Tax Subcommittee Tax Committee SUBJECTS: International/Global Tax RE: ICI Submission to OECD Requesting Clarifications to Asset Manager Exclusion from Pillar One Amount A The ICI has...
[34263] August 19, 2022 TO: Advertising Compliance Advisory Committee RE: REMINDER: Advertising Compliance Advisory Committee Call on September 7; Registration Link and Request for Discussion Items The Advertising Compliance Advisory Committee will have its next quarterly conference...
On July 28, ICI filed a letter supplementing our April comment letter on the Securities and Exchange Commission's proposed cybersecurity risk management rules for funds and advisers (attached).
[34260] August 18, 2022 TO: ICI Members Investment Company Directors SEC Rules Committee SUBJECTS: Disclosure ESG RE: ICI Comment Letter on SEC's Names Rule Proposal At the end of May, the Securities and Exchange Commission proposed amendments to Rule 35d-1 (Names Rule) under the...
[34262] August 18, 2022 TO: ICI Members Money Market Funds Advisory Committee SEC Rules Committee SUBJECTS: Money Market Funds RE: ICI Supplemental Comment Letter on SEC's Proposed Money Market Fund Reforms On August 8, ICI filed a letter with the Securities and Exchange Commission to...
