COVID-19 Resource Center

COVID-19 Resource Center

This resource center compiles ICI’s work in regulatory, legislative, and operational areas relating to the COVID-19 pandemic. Members may sign in for more resources on the latest US and global developments affecting the fund industry and fund investors.

Pandemic and Economic Shutdown Drove Financial Turmoil in March 2020

ICI’s research series on the market impact of COVID-19 analyzes financial
markets’ reactions to the pandemic and the US government's response.

Bond Mutual Funds’ Role in the Fixed-Income Markets

New ICI research provides a detailed picture of bond mutual funds’ role in the fixed-income markets during March 2020. ICI urges regulators to use this information when considering policies to enhance the resilience of markets.

COVID-19 Working Group Report

The COVID-19 Market Impact Working Group, made up of senior industry executives, was charged by the Executive Committee of ICI’s Board of Governors to examine the causes of the 2020 market turmoil and the experiences of regulated funds.

As policymakers around the globe study the events and causes of March 2020, ICI’s Working Group Report—released as a series of papers and written by ICI Global and ICI’s Research, Law, and Industry Operations groups—provides a data-based foundation for future regulatory discussions or other responses that could affect regulated funds and their investors.

Experiences of US Bond Mutual Funds

In addition to the Working Group Report, ICI Research released an ICI Viewpoints series to examine US bond mutual funds during the crisis.

Experiences of European Markets, UCITS, and European ETFs

Impact on the Economy and Financial Markets

General ICI Resources

Press Releases and Statements

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Speech

COVID-19’s Impact on Money Markets, Crane’s Fund Symposium

ICI President and CEO Paul Schott Stevens shares research findings and analysis on the experiences...
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News Release

ICI Statement on Enactment of COVID-19 Relief Package

Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following...
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News Release

ICI Applauds Congressional Action to Provide COVID-19 Relief

Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following...
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News Release

ICI Calls for Immediate Congressional Action to Address COVID-19 Relief

Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following...
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News Release

ICI: “Vitally Important" That Financial Markets Remain Open

Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following...

Research and Commentary

Resources for Members

US Developments: Legislative

December 28, 2022
Memo #34737

FINRA Adopts and Proposes Amendments to TRACE Reporting

Over the last month, FINRA has proposed or adopted three separate reporting requirement changes to the Trade Reporting and Compliance Engine (TRACE). On December 13, 2022, FINRA adopted amendments to require the reporting of transactions in US dollar...

Securities and Exchange Commission

December 28, 2022
Memo #34737

FINRA Adopts and Proposes Amendments to TRACE Reporting

Over the last month, FINRA has proposed or adopted three separate reporting requirement changes to the Trade Reporting and Compliance Engine (TRACE). On December 13, 2022, FINRA adopted amendments to require the reporting of transactions in US dollar...

Federal Reserve Board and Treasury Department

December 28, 2022
Memo #34737

FINRA Adopts and Proposes Amendments to TRACE Reporting

Over the last month, FINRA has proposed or adopted three separate reporting requirement changes to the Trade Reporting and Compliance Engine (TRACE). On December 13, 2022, FINRA adopted amendments to require the reporting of transactions in US dollar...

Commodity Futures Trading Commission and National Futures Association

December 28, 2022
Memo #34737

FINRA Adopts and Proposes Amendments to TRACE Reporting

Over the last month, FINRA has proposed or adopted three separate reporting requirement changes to the Trade Reporting and Compliance Engine (TRACE). On December 13, 2022, FINRA adopted amendments to require the reporting of transactions in US dollar...