ICI submitted letters of response to the Autorité des Marchés Financiers, Central Bank of Ireland and to the Commission de Surveillance du Secteur Financier on their consultation paper on the Guidance on Money Market Fund Weekly Asset Level.
The Investment Company Institute, The Securities Industry and Financial Markets Association, U.S. Chamber of Commerce, SPARK Institute and Insured Retirement Institute submitted a joint letter to the...
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The Supreme Court has handed fund investors a decisive victory. In FS Credit Opportunities Corp. v. Saba Capital Master Fund, the Court held 6–3 that Section 47(b) of the Investment Company Act of 1940 does not create an implied private right of action, confirming that responsibility for enforcing the statute rests with the Securities and Exchange Commission.
The Supreme Court held in FS Credit Opportunities Corp. v. Saba Capital Master Fund that Section 47(b) of the Investment Company Act of 1940 does not create a private right of action, preserving the...
The Supreme Court has handed regulated funds and the nearly 130 million Americans who invest in them a decisive victory. In FS Credit Opportunities Corp. v. Saba Capital Master Fund, the Court held 6...
The Investment Company Institute submitted a comment letter in response to the Securities and Exchange Commission’s proposed rulemaking, Registered Offering Reform.
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