On December 23, ICI filed a comment letter with the Securities and Exchange Commission on its proposed rules ("Proposal") that would mandate the clearing and settlement of certain secondary market transactions in US Treasury securities in which one of the counterparties is a direct...
The 2022 Primary Layout and Instructions have been updated to account for the new "FATCA filing requirement" checkbox that has been assigned box number 11. Subsequently, Form 1099-DIV box numbers 11 through 15 have been renumbered 12 through 16, respectively.
Earlier this month, the Financial Stability Oversight Council issued a report reviewing financial stability risks and regulatory gaps from digital assets, and providing recommendations to address such risks.
ICI will hold a virtual meeting of the Bank-Affiliated Member Advisory Committee on Tuesday, February 8 from 2:00-3:30 pm ET. A draft agenda is attached. Charles Gray, Deputy General Counsel at the Federal Reserve Board (FRB), will be our guest speaker.
