SEC Rules Content

Recently, the Board of Governors of the Federal Reserve System ("FRB") issued their annual Financial Stability Report. The report presents the FRB's assessment of the resilience of the US financial system.

Recently, Treasury Secretary Janet Yellen testified about the Financial Stability Oversight Council (FSOC) 2021 Annual Report before the Senate Banking, Housing, and Urban Affairs Committee (on May 10) and the House Financial Services Committee (on May 12).

On May 13, we submitted a letter to Andrea Gacki, the Director of the Office of Foreign Assets Control (OFAC), regarding the Russia sanctions. In the letter, we requested that OFAC amend General License No. 9C (GL 9C) to the Russian Harmful Foreign Activities Sanctions Regulations...

On May 12, 2022, the Institute sent the attached comment letter to the Department of Labor (DOL) in response to its Request for Information (RFI) seeking public comment on what actions, if any, DOL should take under federal law to protect retirement savings and pensions from risks...

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 submitted a comment letter on April 21 to the US Department of Justice Antitrust Division (DOJ) and the Federal Trade Commission (FTC) in response to their Request for Information (RFI) on the merger guidelines.

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...

In March, FINRA 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 potential rule enhancements.

This memorandum catalogues significant ESG related developments that have occurred since February 8, 2022. It references ICI memoranda that provide a more fulsome description of each matter.

On March 30, the SEC proposed a package of new rules and amendments related to special purpose acquisition companies (SPACs). The proposal is intended to enhance investor protections in initial public offerings (IPOs) by SPACs and in subsequent business combination transactions...