Operations and Technology Content

Shortening the settlement cycle will mitigate risk and maximize investment opportunities—all for the benefit of funds and their investors.

Fund investors deserve to pay fair prices for information about their investments, but a broken, outdated regulatory framework is preventing them from doing so. The SEC must step in to fix the framework, consistent with its legal mandate to protect investors.

Recently, ICI, SIFMA, and the DTCC announced that our organizations are collaborating on efforts to accelerate the US securities settlement cycle from two business days after a trade is executed (T+2) to one business day after a trade is executed (T+1). We’ve been discussing this...

September 10, 2020 Dalia Blass Director, Division of Investment Management US Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Re: ICI Recommendations and Supporting Data for Facilitating Electronic Delivery of Information to Fund Shareholders Dear Dalia: The...

On June 1, the fund industry achieved a milestone for global cooperation. In an industry-led agreement, fund distributors and fund managers of Undertakings for the Collective Investment in Transferable Securities (UCITS) and alternative investment funds (AIFs) joined together to issue...

ICI Applauds Approval of Labor Department E-Delivery Rule Rule Will Make Disclosures and Communications More Effective and Save Millions for Participants Washington, DC; May 21, 2020—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following...