On 10 June 2022, the Hong Kong Securities and Futures Commission (SFC) published a consultation on proposed amendments to the Securities and Futures Ordinance (SFO) to enhance the regulatory tools available for effective enforcement.
The Chinese Securities Regulatory Commission (CSRC) recently revised the regulatory framework governing the establishment and operation of public fund management businesses in China.
The Institute submitted the attached letter in response to the Internal Revenue Service's request for comments on IRS Form 8613 "Return of Excise Tax on Undistributed Income of Regulated Investment Companies."
As we informed you last week, the Institute recently filed suit against the California Department of Financial Protection and Innovation (DFPI) to challenge the Department's authority to change the manner in which it assesses notice filing fees on investment companies.
The ICI filed its comment letter with the SEC responding to its proposal The Enhancement and Standardization of Climate-Related Disclosures for Investors.
Last week the Institute filed a Complaint for Declaratory and Injunctive Relief against California's Department of Financial Protection and Innovation, which administers California's Blue Sky Law.
Notice 2022-21 invited public comment on recommendations for Treasury's 2022-2023 Priority Guidance Plan. ICI submitted the attached letter largely based on prior recommendations except for an addition regarding the active trade or business requirement under Section 355 of the...
ICI submitted the attached letter requesting that the Treasury Department and Internal Revenue Service include guidance on certain issues concerning retirement security on their 2022-2023 Priority Guidance Plan.
