Global Content

September 7, 2012 The Wheatley Review HM Treasury 1 Horse Guards Road London SW1A 2HQ U.K. Re: The Wheatley Review of LIBOR Dear Sir or Madam: The Investment Company Institute1 (“ICI”) and ICI Global2 appreciate the opportunity to comment on the initial discussion paper on the London...

August 23, 2012 Mr. David A. Stawick Secretary Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 Re: Cross-Border Application of Certain Swaps Provisions of the Commodity Exchange Act (RIN 3038-AD57) Dear Mr. Stawick: The Investment...

August 3, 2012 Mr. Steven Maijoor Chair European Securities and Markets Authority CS 60747 103 Rue de Grenelle 75345 Paris Cedex 07 France Re: Draft Technical Standards for the Regulation on OTC Derivatives, CCPs and Trade Repositories Dear Mr. Maijoor: The Investment Company...

By Electronic Delivery 30 July 2012 Dr Parthasarthi Shome Chairman Expert Committee on GAAR 15th Floor, Hindustan Times Building Kasturba Gandhi Marg New Delhi - 110 001 RE: General Anti-Avoidance Rule Draft Guidelines Provide Little Guidance Dear Committee for Implementation of GAAR...

Focus on Funds New Retirement Data, and Update on FATCA Intergovernmental Agreements The July 27, 2012, issue of Focus on Funds highlights the latest trends in 401(k) savings and covers the U.S. Treasury Department’s latest action on the Foreign Account Tax Compliance Act (FATCA)...

July 20, 2012 Via Electronic Mail (cisliquidity@iosco.org) Mr. Mohamed Ben Salem International Organization of Securities Commissions (IOSCO) Calle Oquendo 12 28006 Madrid Spain Re: Principles of Liquidity Risk Management for Collective Investment Schemes Dear Mr. Ben Salem: The...

Focus on Funds LIBOR Controversy, Global Money Market Fund Regulation The July 20, 2012, issue of Focus on Funds outlines key fund industry concerns in the controversy over LIBOR (the London Interbank Offered Rate, used to price a range of financial transactions) and reports on the...

Today the European Commission adopted a proposal for revisions to the Undertakings for Collective Investment in Transferable Securities (UCITS) framework, which governs cross-border retail investment funds in Europe.

June 27, 2012 Mr. Mohamed Ben Salem General Secretariat International Organization of Securities Commissions (IOSCO) Calle Oquendo 12 28006 Madrid Spain Re: Principles for the Regulation of Exchange Traded Funds Dear Mr. Ben Salem: The Investment Company Institute1 (the “Institute”)...

June 8, 2012 Via email to markt-consultation-shadow-banking@ec.europa.eu European Commission BERL 10/034 B-1049 Brussels RE: European Commission Green Paper on Shadow Banking Dear Sir/Madam, 1 appreciates the opportunity to submit comments ( .2 We recognize the strong commitment of...