ICI Comment Letter on ESMA's Proposed Guidelines for UCITS ETFs and Other UCITS Issues

[26012]

April 2, 2012

TO: ETF (EXCHANGE-TRADED FUNDS) COMMITTEE No. 5-12
ETF ADVISORY COMMITTEE No. 6-12
INTERNATIONAL COMMITTEE No. 9-12 RE: ICI COMMENT LETTER ON ESMA’S PROPOSED GUIDELINES FOR UCITS ETFS AND OTHER UCITS ISSUES

 

On January 30, the European Securities and Markets Authority (ESMA) published a Consultation Paper proposing guidelines for UCITS ETFs and addressing certain other issues with respect to UCITS funds. *

The ICI has filed a comment letter with ESMA, focusing on the proposed guidelines with respect to secondary market investors in ETFs.  A copy of the letter is attached. 

 

Mara Shreck
Associate Counsel

Attachment

endnotes

 * The Consultation Paper is available http://www.esma.europa.eu/system/files//2012-44_0.pdf