Closed-End Funds Content

ICI, along with a number of other trade associations who represent different participants in the U.S. capital markets, developed a white paper,"Investors and the Markets First: Reforms to Restore Confidence in SEC", which (i) identifies areas where the SEC's current rulemaking agenda...

The Treasury Department released proposed regulations on the stock buyback excise tax on April 9th. The proposed regulations confirm that repurchases by a RIC or REIT of its own shares are exempt from tax. The ICI's prior recommendation to extend this exemption to 40-Act funds that...

Over the last several months, the ICI Fund Names Rule Implementation Working Group has had dynamic discussions about many of the pressing issues facing funds as they implement the amended SEC Fund Names Rule. ICI has created an online resource center dedicated to the Names Rule to...