Fund Operations

Accounting and Valuation

Audit and Attest

Letter on SEC Amendments Implementing the Holding Foreign Companies Accountable Act (pdf)

Financial Intermediary Controls and Compliance Assessment Engagements (pdf)

ICI and IDC Submit Joint Comment Letter on SEC Loan Rule Proposal (pdf)

FASB Issues

ICI Comments on FASB Technical Changes to Topics 820 and 946 (pdf)

May 17, 2013

By Gregory Smith

FASB Proposal to Change Accounting for Investments in Funds

The Financial Accounting Standards Board (FASB) recently released a proposal that will change how...

ICI Comments on FASB Recognition and Measurement of Financial Instruments Proposal (pdf)

Financial Reporting

ICI Supplemental Comment Letter on the SEC’s 2020 Disclosure Proposal Related to Performance Benchmarks (pdf)

Fund Valuation Under the SEC’s New Fair Value Rule (pdf)

ICI Comment Letter to SEC on Form N-PX Proposal (pdf)

IFRS Issues

ICI Comment Letter on SEC Staff Paper Describing Possible Approach for Incorporating IFRS Into U.S. Financial Reporting System (pdf)

June 14, 2011

By Gregory Smith

Switching to International Accounting Standards Wouldn’t Likely Benefit U.S. Fund Investors, ICI Tells SEC

A key issue for ICI’s Operations team is regulator interest in harmonizing worldwide accounting...

Institute Responds to SEC Request for Information on Application of IFRS to Funds (pdf)

SEC Yield and Total Return

ICI Comment Letter on Request for Extension to the Comment Period for Safeguarding Advisory Client Assets Proposed Rule (pdf)

ICI Comment Letter on Open-End Fund Liquidity Risk Management Programs and Swing Pricing (pdf)

ICI Comment Letter on SEC Treasury Clearing Proposal (pdf)

Valuation

Fund Valuation Under the SEC’s New Fair Value Rule (pdf)

ICI Joint Letter to SEC on Application of Rule 15c2-11 to Fixed Income (pdf)

ICI Letter on FASB Fair Value Measurement Proposal (pdf)