The rules proposed to implement the Foreign Account Tax Compliance Act (FATCA) pose a number of serious challenges for ICI Global members. ICI Global’s recent comment letter to the U.S. Department of the Treasury and the Internal Revenue Service (IRS) made several recommendations on...
ICI Study: Capital Buffers Could Undermine Money Market Funds, Harm Shareholders SEC Concept Would Raise Costs, Could Drive Sponsors Out of Product, and Create New Systemic Risks Washington, DC, May 16, 2012 - Requiring money market fund advisers to hold capital to support their money...
Industry leaders exchanged views on developments in China, the ongoing European debt crisis, and how the United States is doing compared to other major economies in a lively and insightful session at ICI’s General Membership Meeting.
Restoring the reputation of the Securities and Exchange Commission (SEC), market volatility and market structure, financial literacy, and the SEC’s efforts to make further structural changes to money market funds took center stage as SEC Chairman Mary Schapiro fielded questions from...
Actors dying on set, getting held up at a Chinese border crossings at cost of $500,000 per day, having filming disrupted by floods, sandstorms, snowstorms, and diarrhea outbreaks: George Lucas has seen it all. “In the movie business,” he told the closing session of ICI’s 54th General...
“What is the role and responsibility of business leaders, corporations, CEOs, when you know that the path that the country is going down is not the right path, and people are being left behind?” That was the question posed to ICI’s 54th General Membership Meeting by Starbucks Chairman...
“Fund Distribution: Evolving Challenges and Complexities,” a joint session for the General Membership Meeting and the Operations and Technology Conference, explored the implications for the fund industry of the continuing transition to fee-based advisory programs, trends in product...
In a candid conversation exploring how the mutual fund industry must engage “old” and “new” media to communicate their messages, panelists Arianna Huffington, President and Editor in Chief of the Huffington Post Media Group, F. William McNabb III, Chairman and CEO of Vanguard, and...
