Fund Regulation Content

Labor Ought to Execute the President’s Policy (As published in The Wall Street Journal, April 25, 2017) Regrettably, the Department of Labor’s fiduciary rule-making has always been driven more by politics than impartial scrutiny of the investment-advice marketplace (“ Labor Department...

ICI: DOL Must Rescind or Revise Fiduciary Rule to Protect Retirement Savers Immediate Further Delay of Rule Implementation Is Needed to Avert Serious Market Disruption, Harm to Retirement Savers Washington, DC, April 18, 2017—The Department of Labor (DOL)—in carrying out its...

April 17, 2017 Filed Electronically Office of Regulations and Interpretations Employee Benefits Security Administration Room N-5655 Attention: Fiduciary Rule Examination US Department of Labor 200 Constitution Avenue N.W. Washington, DC 20210 Re: RIN 1210-AB79; Proposed Rule; Re...

ICI Welcomes Delay of Fiduciary Rule, Urges Additional Delay to Avoid Market Disruption and Harm to Investors Washington, DC, April 4, 2017— Today, the Department of Labor (DOL) adopted a rule delaying the applicability date of the agency’s fiduciary rule by 60 days. At the same time...

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March 27, 2017 Marcia E. Asquith Office of the Corporate Secretary FINRA 1735 K Street, NW Washington, D.C. 20006-1506 Re: Communications with the Public, FINRA Regulatory Notice 17-06 (February 2017) Dear Ms. Asquith: The Investment Company Institute1 appreciates the opportunity to...

March 17, 2017 Submitted Electronically Office of Regulations and Interpretations Employee Benefits Security Administration Room N-5655 Attention: Fiduciary Rule Examination U.S. Department of Labor 200 Constitution Avenue N.W. Washington, DC 20210 Re: RIN 1210-AB79; Proposed Rule...

1 ICI Global’s response to the EU Commission’s consultation on the CMU mid-term review ICI Global1 welcomes the European Commission’s mid-term review of the Capital Markets Union (CMU). As recognised by the Commission, the CMU is a plan to mobilise capital and aims to tackle...

DOL’s Delay of Fiduciary Rule Justified to Avoid Costs, Disruptions for Retirement Savers ICI Urges Longer Delay to Permit Reassessment of Rule Washington, DC, March 17, 2017—The Department of Labor (DOL) should delay the applicability date of its final fiduciary rule for at least 60...