August 30, 2024— ICI submitted a letter to express its concern with the National Association of Insurance Commissioners’ decision to include references to certain investment companies in the recent Financial Analysis Handbook Exposure Draft of the Financial Analysis Solvency Tools...
September 3, 2024—ICI submitted its response to the Financial Crimes Enforcement Network proposed amendments that would enhance anti-money laundering/countering the financing of terrorism program requirements for financial institutions already subject to AML/CFT requirements...
August 30, 2024—Adjusted for inflation, average retirement assets per US household are nearly 10 times what they were 50 years ago. That surge in wealth has been propelled largely by IRAs, 401(k)s, and similar plans, which provide retirement security for families of all backgrounds...
August 28, 2024—ICI President and CEO Eric Pan released a statement regarding the Securities and Exchange Commission’s vote to adopt changes to Form N-PORT reporting requirements and liquidity risk management program guidance.
August 27, 2024—The New York Stock Exchange’s (NYSE) annual shareholder meeting requirement for listed closed-end funds (CEFs) is creating an end-run around the investor protections of the Investment Company Act of 1940 (1940 Act), the landmark law governing mutual funds and other...
