ICI submitted a joint comment letter to the Treasury Department and Internal Revenue Service, requesting an extension to the deadline for responses to the Savers Match Contribution Notice. Read more in the comment letter.
On October 15, 2024, ICI submitted a letter to the Office of Management (OMB) and Budget in response to a revised information collection request submitted to OMB by the Department of Labor (DOL). In the ICR, like the earlier proposed version of the ICR, DOL requests approval to...
The Investment Company Institute submitted its views on the European Securities and Markets Authority’s consultations regarding draft regulatory technical standards and guidelines on liquidity management tools, which have been proposed as part of the amendments to the Alternative...
The Investment Company Institute submitted a comment letter to the IRS and Treasury, responding to a request for comments on IRS Notice 2024-55, which provides guidance as to certain exceptions to the 10 percent additional tax under Code section 72(t) pursuant to the SECURE 2.0 Act...
The Investment Company Institute sent a comment letter to the IRS and Treasury, responding to the notice of proposed rulemaking that would amend the regulations governing required minimum distributions from retirement plans and IRAs to reflect changes made by the SECURE 2.0 Act. Read...
On September 13, ICI submitted a comment letter in response to the European Commission’s targeted consultation on artificial intelligence in the financial sector. The key positions in the response are consistent with ICI’s response to the US Treasury’s request for information on AI in...
The Investment Company Institute (ICI) has filed a comment letter on the Securities and Exchange Commission's (SEC) proposal to make technical changes to the EDGAR system. The proposal includes requiring electronic filers to authorize and maintain designated individuals as account...
The Investment Company Institute submitted a letter to express its concern with the National Association of Insurance Commissioners’ decision to include references to certain investment companies in the recent Financial Analysis Handbook Exposure Draft of the Financial Analysis...
The e Investment Company Institute submitted a letter to the Financial Crimes Enforcement Network proposed amendments that would enhance anti-money laundering/countering the financing of terrorism program requirements for financial institutions already subject to AML/CFT requirements...
On August 12, 2024, ICI submitted a comment letter to the US Department of the Treasury ("Treasury") on the "Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector" (the "RFI"). In the RFI issued on June 12th, Treasury...
