The Investment Company Institute submitted a comment letter in response to the Financial Conduct Authority and the Bank of England on their call for Input on the Future of Tokenisation.
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ICI President and CEO Eric J. Pan issued a statement in response to a Securities and Exchange Commission rule proposal to allow funds to deliver documents to shareholders electronically on a default basis.
Tokenization could change how securities and fund shares are issued, held, transferred, and traded. Yet much of the policy discussion has focused on the technology and the markets broadly, without fully examining what these changes could mean for regulated funds and their investors.
Tokenization continues to evolve, ICI’s new paper, Tokenization: An Asset Management Perspective, explores what these developments mean for asset managers, registered funds, and the investors they serve.
The tokenization of securities has evolved greatly over the past year, and a new paper from the ICI, Tokenization: An Asset Management Perspective, examines the implications and opportunities for registered funds and their investors.
ICI President and CEO Eric J. Pan issued a statement regarding the Commodity Futures Trading Commission’s final rule amending margin requirements for uncleared swaps.
Long-term investors often check their accounts only occasionally, reflecting a common buy-and-hold strategy. However, some states are adopting inactivity standards that can trigger the seizure and liquidation of securities accounts, even when the investor has not abandoned the assets.
Unclaimed property laws should protect truly abandoned assets without penalizing investors who intentionally hold securities for the long term. Florida strengthened its law to better distinguish...
Millions of Americans buy mutual funds, ETFs, stocks, and other securities with the intention of holding them for years. They may not log in often. They may not trade. They may not check their...