The Pension Operations Advisory Committee works on addressing operational and compliance issues relating to retirement plans such as 401(k) plans, 403(b) arrangements, 457 plans and IRAs that invest in mutual funds or collective investment trusts.

The Privacy Issues Working Group consists of the representatives of ICI’s members who handle privacy issues in mutual fund complexes. This is the Group that the ICI will consult with when we review and comment on regulatory proposals relating to privacy that may impact funds and their shareholders. It is also the group that we will notify of such proposals and initiatives.

Note: Issues relating to members’ data security and cyber security concerns are addressed through ICI’s Chief Information Security Officer Advisory Committee, not through the Privacy Issues Working Group. The Working Group’s focus is on regulatory issues relating to privacy.

The Proxy Issues Working Group provides a forum to examine how legislative, regulatory, and other developments related to proxy voting and governance issues affect registered investment companies (“funds”) and registered investment advisers. It assists ICI in formulating views on legislation or rule proposals to ensure that funds’ and investment advisers’ unique perspectives inform and influence policy; and  considers these matters from the perspective of funds’ dual roles as issuers (funds soliciting proxy votes from their shareholders) and institutional investors (funds voting proxies issued by their portfolio companies).

The Public Communications Advisory Committee serves as a forum for discussing public relations issues that affect the industry and its shareholders. It seeks to develop and maintain a positive public image and increase public awareness and understanding of investment companies.

The Registered Fund CPO Advisory Committee focuses on the legal, regulatory, and legislative issues affecting investment advisers that are registered as commodity pool operators or commodity trading advisors for one or more registered investment companies. It considers issues relating to the CPO exclusion for advisers to registered investment companies in CFTC Rule 4.5. It provides a forum for members to discuss particular policy objectives.