Non-bank financial intermediation (NFBI)—encompassing a broad range of capital sources, including broker-dealers, private funds, and open-end funds (OEFs)—is vital for the financing of the real economy, serving as a critical complement to the traditional banking sector. NBFI is...
ICI President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission (SEC) adopting a final rule shortening the securities settlement cycle to one business day (T+1).
The SEC’s liquidity, swing pricing, and hard close proposal would seriously harm the more than 100 million Americans who use mutual funds to invest for their financial future.
IDC Managing Director Thomas Kim released the following statement regarding the Securities and Exchange Commission’s (SEC) proposal mandating swing pricing for mutual funds.
ICI President and CEO Eric Pan applauded the House of Representatives’ passage of H.R. 500, the Financial Exploitation Prevention Act, which would enable mutual funds and their transfer agents to better protect seniors by delaying the redemption of securities, if there is reasonable...
ICI President and CEO Eric Pan urged the CFTC to complete, without delay, its work to address the key remaining implementation challenges raised by its rules on margin for uncleared swaps.
ICI thanks the members of the House and Senate for their commitment to Americans’ retirement security through the passage of SECURE 2.0 which will improve the long-term financial well-being of Americans across the country.
The SEC’s proposal to mandate Treasury clearing could restrict funds’ ability to participate in the Treasury and Treasury repo markets, harming funds and their investors
Last month, ICI Global was thrilled to host our first major in-person event in Asia since the pandemic, the Asset Management Asia Forum (AMAF). The AMAF brought together senior industry leaders and regulators from a range of jurisdictions for in-depth discussions on the key trends...
The bipartisan ‘Improving Disclosure for Investors Act’ is an important step forward in modernizing delivery of investor disclosures. This bill reflects their strong preference to receive disclosure documents electronically, which also helps investors find the information that is most...
