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TEST - ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland

The Investment Company Institute submitted a comment letter to oppose SB 1045 and HB 1554, which expands the sales tax on additional services including financial services in the state of Maryland. Read more in the comment letter.

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May 27, 2025

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Comment Letter

ICI Comment Letter Opposing Sales Tax on Additional Services in Maryland

March 11, 2025

Memo#

36027

ICI Submits Comment Letter on Proposed Amendments to Federal Rule of Appellate Procedure 29 (Brief of an Amicus Curiae)

In August 2024, the Committee on Rules of Practice and Procedure of the Judicial Conference of the United States proposed amendments to Federal Rule of Appellate Procedure 29, which would alter the procedures for filing amicus curiae briefs.

February 21, 2025

Memo#

36019

Re: Draft ICI letter in response to California Air Resources Board Information Solicitation to Inform Implementation of California Climate-Disclosure Legislation

The California Air Resources Board (CARB) has issued an Information Solicitation to Inform Implementation of California Climate-Disclosure Legislation: Senate Bills 253 and 261, as amended by SB 219.

February 11, 2025

Memo#

36015

U.S. District Court Grants Motion to Dismiss Parts of Lawsuit Challenging California's Climate Disclosure Laws

The United States District Court for the Central District of California granted a motion made by the California Air Resources Board to dismiss two causes of action brought by the Chamber of Commerce of the United States of America, et al.,.

February 7, 2025

Memo#

35970

ICI Submits Letter to Missouri Secretary of State on Proposed Rule 15 CSR 30-51.174, Fraudulent Practices of Investment Advisers and Investment Adviser Representatives

The Missouri Secretary of State has proposed a rule applicable to investment advisers and investment adviser representatives which would deem effecting any transaction with an investment objective not authorized by a client to be a fraudulent act in Missouri.

January 3, 2025

Memo#

35947

Missouri Secretary of State Files Proposed Amendment and Rule Identifying Fraudulent Practices

The Missouri Secretary of State filed a proposed amendment and a proposed rule identifying practices in the brokerage industry and investment adviser industry that are generally associated with acts that deceive and defraud.

December 11, 2024

Memo#

35943

2024 State Tax Surveys

The Institute's 2024 surveys on state tax matters are now available on the Institute's website.

December 10, 2024

Memo#

35942

State Attorneys General Sue Three Asset Managers Alleging Antitrust Violations

The Attorneys General of eleven States, led by Texas, filed suit against three asset managers in the U.S. District Court for the Eastern District of Texas, alleging that the asset managers' "acquisition and use of shareholdings in … domestic coal producers" violated antitrust laws.

December 6, 2024

Memo#

35913

Missouri Secretary of State Files Emergency Amendment and Rule Identifying Fraudulent Practices

After its previously promulgated rules seeking to impose certain conditions on financial professionals were enjoined, the Missouri Secretary of State filed an emergency amendment and an emergency rule, each effective November 6, 2024, identifying practices in the brokerage industry...

November 1, 2024

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