On November 30, 2023, the Investment Company Institute (ICI) and ICI Southwest submitted a joint comment letter to the Securities and Exchange Commission (SEC) on its proposal to require registered investment advisers, registered investment companies, and business development...
Registration Open for IDC Webinar on “SEC Examination and Enforcement Priorities: What Fund Directors Should Know” Please join us for IDC’s webinar, “SEC Examination and Enforcement Priorities: What Fund Directors Should Know,” on Tuesday, December 19, at 2:00 p.m. ET. Nancy Morris...
November 30, 2023—ICI announced that it and eight other associations will host the ERISA 50th Anniversary Symposium and Gala on Thursday, September 12, 2024, to mark five decades since the landmark law’s passage.
November 27, 2023—Bank loan mutual funds and ETFs play a key role in capital markets, facilitating financing for American companies and offering unique benefits to fund investors. These funds invest primarily in loans made by banks to other businesses—loans that often have stronger...
The Investment Company Institute and ICI Southwest are writing to express our joint concerns with the SEC’s proposal to (i) amend the liquidity risk management rule (the “liquidity rule”) for mutual funds and ETFs (“funds”) and (ii) mandate that mutual funds impose a “hard close” on...
November 21, 2023—In advance of the 100th anniversary of the launch of the first mutual fund, the ICI is launching a national partnership program to commemorate the 2024 anniversary and celebrate an innovation that made saving and investing accessible and affordable.
On November 20, 2023, ICI Global filed comments with the Financial Stability Board (FSB) regarding the Consultation report on Financial Resources and Tools for Central Counterparty Resolution (Consultation). The Consultation presents a summary of the FSB's analysis of the benefits and...
