IDC Hosts Successful Fund Directors Conference IDC is hosting this week its 2023 Fund Directors Conference in Chicago, bringing independent directors and members of the fund community together for an agenda filled with director experts, speakers in the asset management industry and...
October 11, 2023—ICI President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) proposed predictive data analytics and conflicts of interest rule that would send investing back to the Stone Age.
On July 26, 2023, the SEC proposed new rules (the "Proposal") that would require broker-dealers and investment advisers (collectively, "firms") to take certain steps to address conflicts of interest associated with their use of predictive data analytics (PDA) and similar technologies...
On October 10, ICI filed a comment letter with the CFTC on its proposed amendments to margin requirements for uncleared swaps related to the treatment of seeded funds and eligibility of certain money market funds (MMFs) as eligible collateral. The letter expresses support for...
The third webinar in our Financial Innovation Series will discuss the world of blockchains and their impact on the financial sector. This 60-minute virtual session features our panel guests, all specialists in the use of blockchain technology, who will engage in an interactive format...
October 10, 2023—A new report from the Independent Directors Council (IDC) and Investment Company Institute (ICI) illustrates the strong independence of fund boards and their focus on serving shareholder interests. The Overview of Fund Governance Practices, 1994-2022 additionally...
October 9, 2023—As financial services firms around the world institute processes and procedures to align with T+1 implementation in the United States, Canada, and Mexico, the industry should seize this opportunity to establish one-day settlement as the next global standard.
