SEC Rules Content

This memorandum catalogues significant ESG related developments that have occurred since November 22, 2022. It references, where indicated, ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource...

For the eleventh year in a row, the SEC's Division of Examinations (EXAMS) has published its priorities for the coming year. Highlights of the Priorities are briefly described below.

On January 25, the Securities and Exchange Commission (the SEC or "Commission") re-proposed a rule that was initially proposed in September 2011 (the "2011 Proposal") to implement the prohibition under Section 621 of the Dodd-Frank Act on material conflicts of interest in connection...

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...

Commissioner Uyeda delivered remarks which include his views on issues related to asset managers' use of environmental, social, and governance (ESG) investment strategies. He noted, among other things, that "regulatory issues presented by ESG investing are nothing new," and that "[a]...

On Wednesday, February 22, from 12-3:30 pm ET, ICI will hold a members-only virtual meeting of the SEC Rules Committee. We are pleased to have as guest speakers for our virtual meeting Adam Aderton and Kristy Littman, both partners at Willkie Farr & Gallagher.

Last month, the Securities and Exchange Commission adopted amendments that will impact certain insider trading plans under Rule 10b5-1 under the Securities Exchange Act of 1934 and related disclosure.

On Wednesday, February 22, from 12-3:30 pm ET, ICI will hold a members-only virtual meeting of the SEC Rules Committee. We are pleased to have as guest speakers for our virtual meeting Adam Aderton and Kristy Littman, both partners at Willkie Farr & Gallagher. Adam previously served...

On December 14, 2022, the Securities and Exchange Commission (SEC or "Commission") proposed Regulation Best Execution ("Proposal"), which would establish a new Commission standard regarding a broker-dealer's duty of best execution.