ICI, along with SIFMA AMG, submitted a letter to the Securities and Exchange Commission (SEC) in response to their concept release on foreign private issuer eligibility. The letter commends the SEC for undertaking a comprehensive review of foreign private issuer eligibility and urges...
The Investment Company Institute submitted a letter with its views on the International Organization of Securities Commission’s consultations on revised recommendations for liquidity risk management for open-end funds and the guidance for the effective implementation of the...
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...
ICI Global provided comments on the Financial Stability Board’s consultation on Liquidity Preparedness for Margin and Collateral Calls. Comments were based on the perspective of ICI Global members and regulated funds. Read more in the comment letter.
On December 22, 2023, the Investment Company Institute (ICI) and ICI Southwest submitted a joint comment letter to the Securities and Exchange Commission (SEC) on how the SEC’s proposed amendments to the liquidity risk management rule (the “liquidity rule”) would affect mutual funds...
The Investment Company Institute and ICI Southwest are writing to express our joint concerns with the SEC’s proposal to (i) amend the liquidity risk management rule (the “liquidity rule”) for mutual funds and ETFs (“funds”) and (ii) mandate that mutual funds impose a “hard close” on...
On September 2, 2023, ICI Global provided comments on the International Organization of Securities Commission’s (IOSCO) consultation on proposed Liquidity Management Tool (LMT) Guidance for Open-Ended Funds (OEFs). Our members help millions of retail investors around the world by...
On September 2, 2023, ICI Global 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). Read more in the comment letter.
ICI submitted a comment letter to the SEC's on their proposal for liquidity, swing pricing, hard close, and Form N-PORT. The proposal would radically change the liquidity risk management requirements for open-end funds (i.e., mutual funds and ETFs), impose on mutual funds a "hard...
