The letter contains a proposed amendment to the Exchange Proposals that would continue to achieve the objectives of the Exchange Proposals while addressing concerns raised by certain commenters that removing the annual meeting requirement may take away an ability that some retail...
January 27, 2025—ICI President and CEO Eric J. Pan released the following statement in response to the U.S. Senate confirming Scott Bessent as U.S. Treasury Secretary:
January 24, 2025—ICI submitted a response to address certain statements in comment letters filed on November 14, 2024, by Professor Robert J. Jackson, Jr. and Saba Capital Management, L.P., that ICI believes misrepresents its research on closed-end fund governance and the underlying...
The asset management industry faces an escalating battle against cybercriminals employing increasingly sophisticated tactics. From state-sponsored attacks to ransomware-as-a-service (RaaS) platforms enabling low-skilled criminal infiltrations, the threat landscape is more complex than...
Join Independent Directors at IDC’s Upcoming Chapter Meetings in Southern California, Florida, Ohio, North Carolina, and New York IDC is pleased to kick off a new season of Chapter Meetings for fund independent directors. We are looking forward to engaging with directors in your...
New leadership in Washington means there is an opportunity to set a future course for U.S. financial markets and retirement security. On behalf of our members, ICI is actively working with the Trump Administration and Congress to advance policies that protect fund shareholders, expand...
Kick off 2025 by getting up to speed on recent SEC enforcement activities of interest to fund boards and looking ahead at what to expect in a shifting regulatory environment. This webinar will feature the former director of the Securities and Exchange Commission’s Division of...
