Abandoned Property and Escheatment
ICI Testimony Opposing LD 1969 to Amend the Maine Revised Unclaimed Property Act
May 18, 2025–ICI submitted a testimony opposing LD 1969 to amend the Maine revised Unclaimed...
ICI Statement to ERISA Advisory Council on Permissive Transfers of Uncashed Checks from ERISA Plans to State Unclaimed Property Funds (pdf)
Indication of Death: Common Industry Practices (pdf)
Anti-Money Laundering and Customer Due Diligence
ICI Comment Letter to FinCen Requesting a Delay to the Compliance Date for the AML/CFT Program
April 8, 2025—ICI submitted a letter to FinCEN to request a delay to the compliance date for the AML...
ICI Comment Letter on FinCEN Proposal to Modernize AML/CFT Program Requirements for Mutual Fund
September 3, 2024—ICI submitted its response to the Financial Crimes Enforcement Network proposed...
ICI Global Comment Letter to SEBI re FPI BO and SMO Requirements
The undersigned asset and fund management associations, on behalf of our respective members, would...
Electronic Communications and Recordkeeping
ICI Comment Letter on the Potential Modernization of Municipal Fund Securities Disclosure Obligation
April 11, 2025—ICI submitted a letter on the Municipal Securities Rulemaking Board’s concept release...
ICI Applauds Re-Introduction of Legislation to Advance E-Delivery for Investors
April 1, 2025—ICI President and CEO Eric Pan issued a statement on the reintroduction in the US...
Electronic Delivery of Financial Information Is Way Overdue
From paying bills to ordering pizza, most people reach for an electronic device when they need...
FATCA
ICI Comment Letter to IRS on FATCA Issues (pdf)
ICI Comment Letter on Form W-9 Submitted to IRS (pdf)
ICI and ICI Global Welcome U.S. Treasury Announcement of Additional Time to Implement FATCA
ICI and ICI Global Welcome U.S. Treasury Announcement of Additional Time to Implement FATCA...
Identity Theft, Red Flag Rules, and Privacy
ICI Files Comment Letter with Department of Commerce Discussing Importance of Mutual Funds' Access to the Death Master File (pdf)
ICI Files Comment Letter with SEC on FINRA's Proposed Consolidated Supervisory Rules (pdf)
ICI Letter on CFTC's Proposal to Enhance Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations (pdf)
Intermediary Oversight
ICI Comment Letter on Treasury's Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector
On August 12, 2024, ICI submitted a comment letter to the US Department of the Treasury ("Treasury")...
Navigating Intermediary Relationships (pdf)
ICI Comment Letter to SEC on Outsourcing by Investment Advisers Proposal
On December 23, 2022, the ICI filed a comment letter with the Securities and Exchange Commission on...
Money Market Funds
Sold Under False Pretenses: The SEC’s Money Market Fund Reform is Causing Damage
February 5, 2025—In response to pandemic-induced stress in money markets three years earlier, the...
ICI: SEC Has Missed the Mark in Money Market Fund Rulemaking
ICI President and CEO Eric Pan released the following statement regarding the Securities and...
ICI Supplemental Comment Letter on SEC's Proposed Money Market Fund Reforms
On August 8, ICI filed this letter with the Securities and Exchange Commission to supplement our...
Retirement Plans
IRA Ownership Reaches Record Highs
April 10, 2025—As Tax Day nears, ICI’s recently released research report on individual retirement...
IRAs Play an Increasingly Important Role in Saving for Retirement
March 27, 2025—ICI’s latest research shows individual retirement accounts (IRAs), powerful tools for...