ICI Innovate brings together multidisciplinary experts to explore how emerging technologies will impact fund operations and their implications for the broader industry.
ICI Innovate is participating in the Emerging Leaders initiative, offering a heavily discounted opportunity for the next generation of asset management professionals to participate in ICI’s programming.
The Fixed-Income Advisory Committee provides a forum to examine the legal, regulatory, and legislative issues impacting fixed-income securities and the fixed-income markets generally. It provides a forum for members to discuss particular policy objectives and it undertakes projects related to fixed-income securities.
Last week, FINRA and the MSRB announced that they will not be setting an effective date for their approved rule changes related to reducing the trade reporting timeframe for certain transactions reported to FINRA's TRACE and MSRB's RTRS, respectively.
Last week, the SEC staff extended indefinitely compliance relief from Exchange Act Rule 15c2-11 (the "rule") for brokers and dealers publishing or submitting quotations for fixed income securities. The prior SEC staff relief—which the 2024 Letter withdraws—would have expired in...
ICI and SIFMA AMG submitted a letter to SEC Chair Gensler, reiterating our shared concerns about applying Rule15c2-11 under the Exchange Act to fixed income securities.
Later this month, ICI intends to submit a letter to the SEC, reiterating our concerns about applying Rule 15c2-11 under the Exchange Act to fixed income securities. Market participants historically have not understood the rule to apply to, and its provisions are not well-suited for...
The Financial Industry Regulatory Authority and the Municipal Securities Rulemaking Board's proposals, as amended, related to reducing the trade reporting outer-limit timeframe for certain transactions reported to FINRA's Trade Reporting and Compliance Engine and MSRB's Real-Time...
The Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB) recently filed with the Securities and Exchange Commission (SEC) amended proposed rule changes related to reducing the trade reporting timeframe for certain transactions reported...
The Office of Information and Regulatory Affairs released the Spring 2024 Unified Agenda of Regulatory and Deregulatory Actions on July 8, 2024. The agenda includes regulatory actions that the Securities and Exchange Commission and Commodity Futures Trading Commission expect to take...
On April 22, 2024, the Securities and Exchange Commission issued orders instituting proceedings to determine whether to approve or disapprove proposed rule changes filed, pursuant to Exchange Act Rule 19b-4, by the Financial Industry Regulatory Authority (FINRA) and the Municipal...
On March 21, the SEC issued two sets of proposed rule changes from the Fixed Income Clearing Corporation (FICC) to its Government Securities Division (GSD) rulebook that would modify aspects of its clearing access models, including membership qualification requirements; and amend...
Latest Comment Letters:
TEST - ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland
ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland
ICI Response to the European Commission on the Savings and Investments Union