The CIT Advisory Committee focuses on the legal, regulatory, legislative, and compliance issues affecting registered investment advisers that serve as advisers/sub-advisers to collective investment trusts that are investment options in defined contribution plans (CITs). It provides a forum for members to discuss how the unique characteristics and interests of CITs 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 CITs.

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.

The Chief Risk Officer (CRO) Committee consists of those representatives of ICI members firms whose core focus is risk. The Committee provides these senior risk officers of fund complexes a forum to discuss the panoply of risk issues – including operational, investment, global, and enterprise-wide concerns – that arise within a fund complex.

Chief Information Security Officer Committee (CISO), whose mission is to provide: a trusted forum for ICI members and critical industry partners to collaborate on cyber security issues and challenges; provide additional resources on cyber security matters for ICI members, with a view towards mitigating operational and reputational risks, in an effort to protect funds and shareholder value; and provide coordination, as appropriate, with information sharing centers, public/private partnerships, associations, and other organizations tasked with sharing and disseminating cyber security related data.

The CCO Advisory Issues Subcommittee is a subgroup of ICI’s CCO Committee. It consists of those members of the CCO Committee who are interested in issues relating to fund advisers and sub-advisers. While ICI’s CCO Committee addresses a variety of issues impacting CCOs, this Subcommittee will focus on issues of particular interest to CCOs of fund advisers and sub-advisers in manager-of-manager arrangements.