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ICI Default BG
Memo#
35694

PCAOB Releases Two Proposals Aimed at Enhancing Audit Firm Transparency

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...
ICI Default BG
Memo#
35693

SEC Staff Publishes New Registered Fund Statistics Report

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...
ICI Default BG

ICI and IDC Supplemental PCAOB NOCLAR Comment Letter

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...
ICI Default BG
Memo#
35648

ICI Files Follow-Up Comment Letter on Proposed Amendments to FINRA Rule 2210

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...
ICI Default BG

ICI Comment Letter on Proposed Amendments to FINRA Rule 2210

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...