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...
On March 30, 2022, the Superior Court of the Commonwealth of Massachusetts issued an order (attached) invaliding the Massachusetts regulation, finalized in 2020, that imposes a fiduciary duty on broker-dealers and agents. The court stayed the order for 30 days to give the...
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.
The Investment Company Institute's Internal Sales Managers Roundtable will meet on Thursday, April 7, and Friday April 8, 2022, at ICI's offices on the 12th floor of 1401 H Street, NW, in Washington, DC.
On December 7, staff of the US Securities and Exchange Commission issued guidance on key LIBOR transition considerations for market participants. The guidance follows the staff's previously issued guidance issued in July 2019.
