ESG Content

On September 20, the Securities and Exchange Commission ("SEC" or "Commission") adopted amendments to Rule 35d-1 under the Investment Company Act of 1940 ("Names Rule"), as well as associated forms and disclosure requirements. The final amendments passed by a vote of four to one, with...

On September 21, 2023, a judge for the US District Court in the Northern District of Texas issued its decision in the case filed by attorneys general from 25 states against the Department of Labor (DOL). The judge granted DOL's cross motion for summary judgment, refusing the states'...

We recently submitted the attached letter to the SEC noting that it has issued a wide range of interconnected rule proposals (the "Interconnected Rules") over the last two-and-a-half years but has failed to consider and analyze the Interconnected Rules holistically.

As we previously informed you, we held two state ESG-related webinars in July. These webinars are an exclusive opportunity for ICI members.

This memorandum catalogues significant ESG related developments that have occurred since February 2, 2023. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.

On August 10, 2023, the Securities Industry and Financial Markets Association filed a complaint in the US District Court Western District for the State of Missouri challenging two new Missouri Securities Division rules that would require specified financial professionals to obtain a...

ICI Global submitted the attached response to the Monetary Authority of Singapore (MAS) proposed code of conduct for ESG ratings and data providers.