Disclosure Content

Earlier this week, ICI submitted supplemental comments (linked below) on the SEC's 2020 disclosure proposal for open-end funds ("funds"). On September 15, the SEC's Office of the Investor Advocate filed with the SEC a research paper on funds' choice of performance benchmarks and...

In July 2022, the SEC proposed amendments to Rule 14a-8 (the shareholder proposal rule) by a 3-2 vote. The proposal would narrow three bases upon which companies may exclude shareholder proposals from their proxy statements: the “substantial implementation,” “duplication,” and...

On August 16, 2022, ICI submitted a comment letter on the SEC's proposal for new disclosure requirements for investment companies and investment advisers. The letter expresses ICI's support for the fundamental goals of the Commission's proposal: to mitigate the risk of greenwashing...

At the end of May, the Securities and Exchange Commission proposed amendments to Rule 35d-1 (Names Rule) under the Investment Company Act of 1940 and new requirements related to disclosure and reporting by funds. ICI filed comments on August 16. In our letter, we described serious...

Enhancing climate-related financial disclosure means developing, refining, and implementing a wide range of policymaking initiatives—not just in international fora, but at the national level as well. ICI is calling on the SEC to design a new, dynamic framework for public company...

The SEC should require companies to disclose direct and indirect greenhouse gas emissions data and demographic information about their workforces, ICI said in a letter filed with the SEC.