ICI Innovate brings together multidisciplinary experts to explore how emerging technologies will impact fund operations and their implications for the broader industry.
ICI Innovate is participating in the Emerging Leaders initiative, offering a heavily discounted opportunity for the next generation of asset management professionals to participate in ICI’s programming.
On June 7, 2024, the Investment Company Institute and Independent Directors Council filed a joint comment letter on the Public Company Accounting Oversight Board's metrics proposal.
On April 9, 2024, the Public Company Accounting Oversight Board (PCAOB) released two proposals for public comment aimed at enhancing audit firm transparency. The first proposal mandates registered public accounting firms auditing large accelerated filers and accelerated filers to...
On April 24, the staff of the SEC Division of Investment Management's Analytics Office published a new report titled "Registered Fund Statistics" that "provides statistics and trends for SEC-registered investment companies that file reports of portfolio holdings on Form N-PORT each...
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint supplemental comment letter on the Public Company Accounting Oversight Board's (PCAOB) proposed amendments to the auditing standards related to a company's noncompliance with laws and...
In late February, FINRA proposed to further amend Rule 2210. The amended proposal would permit a FINRA member to project performance or provide a targeted return with respect to a security or asset allocation or other investment strategy in an institutional communication solely to...
In late February, FINRA proposed to further amend Rule 2210 (Communications with the Public) (the "rule"). The amended proposal would permit a FINRA member to project performance or provide a targeted return with respect to a security or asset allocation or other investment strategy...
ICI submitted a comment on IRS Draft Form 7208 (Excise Tax on Repurchase of Corporate Stock) requesting that regulated investment companies (RICs) be exempt from filing the form as Internal Revenue Code section 4501(e)(5) expressly excludes RICs from the excise tax on repurchases of...
Linked below is the comment letter that ICI filed today with the SEC, which expresses serious concerns with how the SEC's proposed amendments to the liquidity rule would affect mutual funds and ETFs investing in bank loans. This letter elaborates on points made about bank loan funds...
Last month, FINRA filed with the SEC proposed amendments to Rule 2210 (Communications with the Public) (the "rule"). If adopted, the amendments would permit a FINRA member to project the performance or provide a targeted return with respect to a security or asset allocation or other...
Latest Comment Letters:
TEST - ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland
ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland
ICI Response to the European Commission on the Savings and Investments Union