Closed-End Investment Company Content

Earlier today, ICI filed the attached comment letter in response to a FINRA regulatory notice expressing concerns associated with the sale of complex products and options to retail investors, and soliciting comment on related practices and potential rule enhancements.

ICI has filed the attached comment letter with the SEC on its recent Private Funds Advisers proposal. The letter addresses proposed amendments to the Investment Advisers Act that would, among other things, require investment advisers to prepare a quarterly statement disclosing private...

In March, FINRA issued a regulatory notice expressing concerns associated with the sale of complex products and options to retail investors, and soliciting comment on related practices and potential rule enhancements.

ICI has filed a comment letter with the SEC on its proposal to amend the rules governing beneficial ownership reporting on Schedules 13D and 13G ("Proposal").

Earlier today, ICI filed the attached comment letter on two sets of Securities and Exchange Commission rulemakings intended to: modernize share repurchase disclosure ("Share Repurchase Proposal"); and address potentially abusive practices associated with certain trading arrangements...

FINRA recently issued a regulatory notice expressing concerns associated with the sale of complex products and options to retail investors, and soliciting comment on related practices and rule enhancements.

On February 10, the Securities and Exchange Commission proposed amendments to its rules governing beneficial ownership reporting on Schedules 13D and 13G ("Proposal"). Comments on the Proposal are due on April 11, although ICI expects to file by April 7.

In December, the Securities and Exchange Commission proposed two sets of rulemakings intended to: improve the quality, relevance, and timeliness of issuer share repurchase information; and address potentially abusive practices associated with certain trading arrangements, grants of...