Fund Regulation Content

October 1, 2019 Ms. Dalia O. Blass, Director Division of Investment Management US Securities and Exchange Commission 100 F Street NW Washington, DC 20549 Re: ICI Report on Preferences and Costs Associated with Disclosure Reform Options Dear Ms. Blass: The Investment Company Institute1...

Below is an abridged version of a letter by ICI Chairman George C. W. Gatch and ICI President and CEO Paul Schott Stevens that was released in ICI’s 2019 annual report. To read their full letter, please see ICI’s 2019 Annual Report to Members.

• • • • • • • • • Figure 1 Inflation Has Moved Many More Tax Returns over the $200,000 Income Threshold Percentage of tax returns reporting Adjusted Gross Income of $200,000 or more, tax years 1982–2016 Note: Data from 1982 through 2015 are from Justin Bryan, “High-Income Tax Returns...

After the global financial crisis, the Dodd-Frank Act of 2010 set up a regulatory framework to identify and mitigate threats to financial stability. Since then, regulators and industry have taken many actions to make financial markets and market participants more resilient. Yet a new...

July 29, 2019 Mr. Eduardo A. Aleman Deputy Secretary Securities and Exchange Commission 100 F Street, NE Washington, D.C. 20549 Re: File Number SR-FINRA-2019-017 Dear Mr. Aleman: The Investment Company Institute1 strongly supports FINRA’s proposed amendments to FINRA Rule 2210...

FSOC’s Proposals Would Promote Financial Stability, Not Undermine It By Paul Schott Stevens (As published in American Banker , June 28, 2019) Washington watchers often seem to have only one scale for measuring the regulations that govern our markets and economy: more versus less...

The Investment Company Institute (ICI) today offered strong support for the Financial Stability Oversight Council’s (FSOC) proposal on treatment of potential systemic risk among nonbank financial companies, in a comment letter to FSOC.

May 13, 2019 Financial Stability Oversight Council Attn: Mark Schlegel 1500 Pennsylvania Avenue, NW Room 2208B Washington, D.C. 20220 Re: Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies (RIN 4030-AA00) Dear Members of the Council: The Investment...

Globalization has hit a few speed bumps in recent years, but it hasn't slowed the globalization of the Investment Company Fact Book. Consistent with ICI’s mission to represent the interests of regulated funds and their investors worldwide, Fact Book is expanding its international...

In introducing SEC Chairman Jay Clayton ahead of his highly anticipated appearance at ICI’s 61st annual General Membership Meeting this morning, ICI President and CEO Paul Schott Stevens praised the chairman’s “erudition, dedication, and acumen” in leading the Commission. And during...