The Investment Company Institute submitted a letter to the Securities and Exchange Commission outlining significant cost-savings estimates to support rulemaking that would allow funds to deliver documents to shareholders electronically on a default basis.
Washington, DC; October 13, 2023—Investment Company Institute (ICI) General Counsel Susan Olson released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to adopt new rules regarding reporting of securities loans and short sale disclosure. “While...
Washington, DC; April 27, 2023—Investment Company Institute (ICI) President and CEO Eric Pan released the following statement following the House Financial Services Committee's passage yesterday of the Improving Disclosure for Investors Act, H.R. 1807. “The Improving Disclosure for...
Palm Desert, CA; March 23, 2023—The Investment Company Institute (ICI) concluded its annual Investment Management Conference this week, after convening senior regulatory officials and industry leaders for a robust discussion of the issues facing asset managers today. In his address...
Washington, DC; December 16, 2022—Today, ICI President and CEO Eric Pan released the following statement on the recently introduced H.R. 9570, Improving Disclosure for Investors Act. The bill is authored by Rep. Bill Huizenga (R-MI-2) and cosponsored by Rep. Jake Auchincloss (D-MA-4)...
VIEW AS PDF It’s long past time to fix the broken processing fee framework for delivering information to fund investors. Only the SEC can get it done. Securities and Exchange Commission (SEC) rules require US-regulated funds to ensure that investors, including retail investors saving...
VIEW AS PDF The SEC’s sharper focus on climate disclosure is a welcome development, but the Commission’s work in this space is only just beginning. The G7 countries recently announced their support for “moving towards mandatory climate-related financial disclosures that provide...
Disclosure of Sustainability Information Should Be Rooted in Materiality and Flexible Enough to Accommodate Future Developments Washington, DC; June 7, 2021—The Securities and Exchange Commission (SEC) should require companies to disclose direct and indirect greenhouse gas emissions...
Disclosure of Sustainability Information Should Be Rooted in Materiality and Flexible Enough to Accommodate Future Developments Washington, DC; June 7, 2021—The Securities and Exchange Commission (SEC) should require companies to disclose direct and indirect greenhouse gas emissions...
Europe Should Seek an Agreement with the Biden Administration on Minimum Standard for Corporate Non-Financial Disclosure By Eric J. Pan (As published in LeMonde, January 18, 2021) On his first day in office, Joe Biden promises to bring the US back into the Paris Agreement on climate...
