Fund Regulation Content

Recent SEC Rules Concerning Fund Web Sites The Securities and Exchange Commission has adopted several rules that include provisions relating to investment company (fund) Web sites. Most commonly, the rules require funds to disclose in certain documents whether or not specified...

A version of this letter by ICI Chief Economist Sean Collins was released in the Institute’s 61st edition of the Investment Company Fact Book. 2020. What a year. I’m writing this letter sitting in my basement, which has served as my office this past year. It’s March 15, 2021, almost...

Even as the market turmoil triggered by strict government mandates and social distancing due to the COVID-19 health crisis raged in March 2020, ICI started studying how registered funds weathered the crisis. As the dust settled, we quickly identified a key factor that exacerbated...

New analysis by ICI shows that prime money market funds did not pull back significantly from the commercial paper market during the height of the market turmoil and “dash for cash” triggered by the COVID-19 health crisis in March 2020.

The evidence about what happened to financial markets in March 2020 is still far too mixed and preliminary to conclude that new regulation is appropriate for bond mutual funds.

In the past decade, a number of regulators and academics have discussed concerns about the growth in the assets of bond mutual funds, as well as their increasing share of the bond market, especially the corporate bond market. 1 The concern is that bond fund investors, now playing a...

Data on UCITS ongoing charges have become more widely available to investors in recent years. Enhancements to costs and charges disclosures that UCITS and distributors make available to investors have provided them with a wealth of beneficial information, which we believe can be...

Why have bond mutual funds grown substantially in the past several years? There are two possible explanations, with very different implications.

ICI Statement for House Hearing on the Department of Labor's Fiduciary Rule (pdf)

Policymakers around the globe are studying the turmoil in March 2020 related to the COVID-19 pandemic to determine what happened and why. Similar work is being done by academics and other analysts. Bond mutual funds have been one area of focus, and policymakers will be considering the...