The Crypto Working Group is being formed to respond to the SEC’s request for comment on crypto and to discuss any impact regulatory actions may have on members now and in the future.

The Compliance Advisory Committee consists of those representatives of ICI members who are senior compliance professionals within fund complexes but who are not CCOs and therefore not eligible to serve on the Institute’s CCO Committee. This Advisory Committee.

The Closed-End Investment Company Committee discusses and addresses regulatory and compliance issues affecting the management and operations of closed-end funds.

The Retail SMA Advisory Committee focuses on the legal, regulatory, legislative, and compliance issues affecting registered investment advisers to retail separately managed accounts (SMAs). It provides a forum for members to discuss how the unique characteristics and interests of retail SMAs would be affected by relevant legal, regulatory, and legislative proposals and discuss particular policy objectives. It provides a forum for members to discuss compliance-related obligations and issues unique to retail SMAs.

The Risk Advisory Committee consists of representatives of ICI members who are interested in or have limited responsibility for risk oversight in fund complexes but who are not Chief Risk Officers.

The Rule 13f-2 Short Sale Reporting Implementation Working Group will provide a forum for members to discuss the SEC’s recently adopted (October 2023) rules on short position and short activity reporting by institutional investment managers with a view towards achieving consensus among the working group members on how to implement various requirements of the rule.