Fund Accounting & Financial Reporting Content

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...

The Office of Information and Regulatory Affairs released the Fall 2023 Unified Agenda of Regulatory and Deregulatory Actions on December 6, 2023. The agenda includes regulatory actions that the Securities and Exchange Commission and Commodity Futures Trading Commission expect to take...

The Institute's 2023 surveys on state tax matters are now available on the Institute's website.

The Treasury Department and the Internal Revenue Service ("IRS") have released the 2023-2024 Priority Guidance Plan, listing their priorities for tax regulations and other administrative guidance through June 2024.

A shutdown of the federal government could begin if Congress cannot agree on new appropriations beyond September 30, 2023.

The ICI Year-End Reporting Layouts have been modified for improved functionality.

ICI Global has filed comments with the Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO) regarding their recent Consultations on liquidity risk management in open-ended funds (OEFs). This memorandum summarizes ICI Global's comments.

On August 7, 2023, the Investment Company Institute and Independent Directors Council filed a joint comment letter in response to the Public Company Accounting Oversight Board's (PCAOB) proposed amendments to the auditing standards related to a company's noncompliance with laws and...