ICI and ICI Global submitted a letter to the US Department of Justice on its advance notice of proposed rulemaking, which seeks comment regarding the contemplated establishment of a program that would prohibit or restrict the transfer of US Government-related data or bulk US sensitive...
ICI Global comments on the Basel Committee on Bank Supervision, Committee on Payments and Market Infrastructures, and International Organization of Securities Commissions consultation on transparency and responsiveness of initial margin in centrally cleared markets. Read more in the...
ICI Global provided feedback to the European Commission on its targeted consultation on the White Paper on Outbound Investment. ICI Global members manage more than €5 trillion in UCITS; these UCITS pursue a myriad of investment strategies, including strategies that contemplate...
ICI Global provides comments on the Basel Committee on Bank Supervision and International Organization of Securities Commissions consultation on recommendations to streamline variation margin processes and increase the responsiveness of initial margin in non-centrally cleared markets...
ICI Global provides comments on the Committee on Payments and Market Infrastructures and International Organization of Securities Commissions consultation on streamlining variation margin in centrally cleared markets. Read more in the comment letter.
In a comment letter ICI filed with Treasury’s Financial Crimes Enforcement Network (“FinCEN”) on Friday, April 12, ICI raised concerns that a new proposed rule could impose duplicative compliance obligations on select registered investment advisers. Read more in the comment letter.
On April 8, 2024, the Investment Company Institute (ICI) and ICI Southwest submitted a supplemental joint comment letter to the Securities and Exchange Commission (SEC) on the ESG Fund and Adviser Proposal in light of the recent adoption and subsequent stay of the Public Company...
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint supplemental comment letter on the Public Company Accounting Oversight Board's (PCAOB) proposed amendments to the auditing standards related to a company's noncompliance with laws and...
In late February, FINRA proposed to further amend Rule 2210 (Communications with the Public) (the "rule"). The amended proposal would permit a FINRA member to project performance or provide a targeted return with respect to a security or asset allocation or other investment strategy...
March 8, 2024—In this letter, ICI Global provided feedback to the Financial Conduct Authority (FCA) on its consultation paper on updating the regime for money market funds (MMFs). ICI’s members include mutual funds, UCITS, and exchange-traded funds, and similar funds offered in...
