Operations Content

As we previously reported, on April 6, the Municipal Securities Rulemaking Board (MSRB) proposed amendments to shorten the settlement cycle for transactions in municipal securities. The Proposal aims to promote regulatory consistency and follow the adoption by the Securities and...

On April 6, the Municipal Securities Rulemaking Board (MSRB) proposed amendments to facilitate shortening the settlement cycle for transactions in municipal securities. The proposed amendments aim to promote regulatory consistency and follow the adoption by the Securities and Exchange...

On March 15, 2023, the Securities and Exchange Commission (SEC) published a proposal that would establish new cybersecurity risk management rules for transfer agents, among other market entities. The proposal seeks to address cybersecurity risks through policies and procedures...

Yesterday, the SEC published for comment proposed revisions to Rule 248.30 in Regulation S-P. This is the section of the regulation that requires the safeguarding of customer records and information and the disposal of consumer report information. The proposed revisions are summarized...

On February 15, 2023, the Securities and Exchange Commission (the "Commission") adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date ("T+2") to one business day after the trade date...

Attached please find ICI's comment letter on the SEC's liquidity, swing pricing, hard close, and Form N-PORT proposal, which we filed last night. The proposal would radically change the liquidity risk management requirements for open-end funds (i.e., mutual funds and ETFs), impose on...

The next meeting of the Operations Committee will be held on Wednesday, April 12, from 1:00 p.m. to 5:00 p.m. ET and on Thursday, April 13 from 9:00 a.m. to 2:00 p.m. ET. The meeting will take place at MFS' offices located at 111 Huntington Ave, Boston MA 02199. Attire for the meeting...

On January 12, 2023, the Hong Kong Securities and Futures Commission (SFC) hosted a second industry workshop on ESG funds. The workshop focused on practical difficulties and questions that fund managers have encountered during the ESG fund application process, and in complying with...

Attached please find ICI's draft comment letter on the SEC's liquidity, swing pricing, hard close, and Form N-PORT proposal. We would appreciate it if you could consolidate your firm's comments and provide them to us (matt.thornton@ici.org, joanne.kane@ici.org, kenneth.fang@ici.org...

[34813] January 20, 2023 TO: ICI Global Members Global Regulated Funds Committee Global Regulated Funds Committee - Asia SUBJECTS: International/Global Operations Pension RE: Recent Development of China's Voluntary Private Pension Scheme China’s State Council released a high-level...