CIT Administration Subcommittee
The CIT Administration Subcommittee is a forum for members to discuss their operational and service matters affecting their collective investment trust (CIT) business. This subcommittee intends to provide an assembly for members’ staff responsible for the administration of CITs, to discuss topics unique to CITs and across business areas. The subcommittee will be administered by ICI’s Operations Division and open to member participants from various business lines.
Subcommittee Meetings
The CIT Administration Subcommittee holds monthly meetings.
Membership Information
The CIT Administration Subcommittee is an invitation-only subcommittee. The subcommittee is limited to ICI member firms and service organizations that contractually support our members’ CIT products. Non ICI member firms may participate on the subcommittee at the ICI staff coordinator’s approval.
Given the nature of the subcommittee, it is currently open to one representative and four additional colleagues per firm.
ICI reserves the right to limit the number of participants.
Committee Members
Colleague Access
Colleague Access gives committee representatives the ability to designate co-workers (i.e., non-committee members) to view committee memos and materials online, receive notification of memos addressed to the committee via ICI Digestand participate in committee calls and meetings.
As committees may deal with confidential policy topics involving draft comment letters and conference calls, ICI limits the number of colleagues per firm who can be designated for Colleague Access. Only committee representatives (not alternates or substitutes) can activate Colleague Access, and colleagues must be employed by the committee member’s firm.
CIT Administration Subcommittee representatives may designate a total of four individuals for colleague access.