On October 13, the Securities and Exchange Commission (SEC) adopted a final rule to require institutional investment managers under new Rule 13f-2 to report certain short position and related activity data for equity securities through a new Form SHO. ICI previously submitted a...
On October 13, the Securities and Exchange Commission adopted new Rule 10c-1a ("Final Rule") under the Securities Exchange Act of 1934 ("Exchange Act"), which is intended to increase transparency and efficiency in the securities lending market. We were pleased that the Final Rule was...
On October 10, the SEC adopted final amendments to its rules governing beneficial ownership reporting on Schedules 13D and 13G ("Final Rules"). We are pleased that the Final Rules reflect many of ICI's comments. The Final Rules were approved by the Commission by a 4-1 vote...
On October 18, 2023, the Commodity Future Trading Commission's ("Commission") Division of Market Oversight ("Division") issued no-action relief to Chicago Mercantile Exchange Inc., ICE Trade Vault, LLC, DTCC Data Repository (US) LLC, and KOR Reporting Inc. (collectively, the SDRs)...
ICI has filed the attached comment letter with the CFTC on its proposed amendments to margin requirements for uncleared swaps related to the treatment of seeded funds and eligibility of certain money market funds (MMFs) as eligible collateral.
Attached for your review is ICI's draft comment letter to the CFTC's proposed amendments to its margin requirements for uncleared swaps related to seeded funds and certain money market funds (MMFs). The Proposal would implement, with certain modifications, two recommendations in the...
As previously reported, the SEC and the CFTC recently proposed amendments to the rules for covered clearing agencies (CCAs) and derivatives clearing organization (DCOs),1 respectively, related to resiliency, and recovery and wind-down plans (RWPs).2 Yesterday, ICI filed the attached...
On September 11, the Division of Clearing and Risk (DCR) and the Market Participants Division (MPD) (together, "the Divisions") of the CFTC issued Letter No. 23-13, which extends previously issued no-action relief regarding the treatment of separate accounts by futures commission...
As previously reported, the SEC and the CFTC recently proposed amendments to the rules for covered clearing agencies (CCAs) and derivatives clearing organization (DCOs), respectively, related to resiliency, and recovery and wind-down plans (RWPs).
ICI has filed the attached comment letter on the Securities and Exchange Commission's (SEC) large security-based swap position reporting proposal. In June, the SEC reopened the comment period to the proposal with additional economic analysis separately submitted by the Division of...
