Comment Letters
ICI Global Response to UK Money Market Funds Letter
March 8, 2024—In this letter, ICI Global provided feedback to the Financial Conduct Authority (FCA)...
ICI Letter Supporting Three Bipartisan Amendments to Help Americans Save for Retirement
March 5, 2024—The Investment Company Institute (ICI) expresses our strong support for three...
ICI Comment Letter on IRS "Grab Bag" Guidance on Various Provisions of SECURE 2.0 Act
On February 20, 2024, ICI submitted the attached comment letter to the Internal Revenue Service (IRS...
Fund Governance
The Independent Directors Council: 20 Years of Advancing Excellence in Fund Governance
February 29, 2024—In May 2004, the Investment Company Institute formed the Independent Directors...
Summary of Recent ICI Research on First-Mover Advantage, Dilution, and Systemic Risk in Open-End Funds (pdf)
ICI and IDC Joint Comment Letter to the PCAOB's Proposed Amendments
On August 7, 2023, the Investment Company Institute and Independent Directors Council filed a joint...
Fund Regulation
Proxy Advisory Firms—Killing Closed-End Funds Softly with Their Policies
October 25, 2023—Closed-end funds (CEFs) trying to fend off hostile hedge funds and other activist...
Closed-End Fund Activism (pdf)
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...
Retirement Security
ICI Applauds House Passage of Amendments to Help Americans Save for Retirement
March 7, 2024—Today, ICI President and CEO Eric Pan released the following statement after the House...
ICI Statement for the Education and Workforce Subcommittee Hearing on “Protecting American Savers and Retirees from DOL’s Regulatory Overreach”
February 15, 2024—ICI is pleased to provide this statement regarding the US Department of Labor’s (...
ICI: DOL Proposed Fiduciary Rule Will Hurt Millions of Retirement Savers
January 2, 2024—ICI President and CEO Eric Pan released the following statement regarding the...
Taxes
ICI Comment Letter on IRS "Grab Bag" Guidance on Various Provisions of SECURE 2.0 Act
On February 20, 2024, ICI submitted the attached comment letter to the Internal Revenue Service (IRS...
ICI Comment Letter to IRS on New Roth Catch-Up Requirement Under SECURE 2.0 Act
On October 24, 2023, ICI submitted the attached comment letter to IRS and Treasury in response to...
ICI Comment Letter to IRS and Treasury on EPCRS Program
On August 23, 2023, ICI submitted a comment letter (Letter) to the IRS and Treasury addressing...
Testimony
ICI Statement for the Education and Workforce Subcommittee Hearing on “Protecting American Savers and Retirees from DOL’s Regulatory Overreach”
February 15, 2024—ICI is pleased to provide this statement regarding the US Department of Labor’s (...
ICI Testimony for DOL Hearing on Fiduciary Proposal
December 13, 2023÷–ICI strongly supports efforts to promote retirement security for US workers. Our...
Statement for House Hearing on Diversity and Inclusion Performance at America's Large Investment Firms (pdf)
Trading and Markets
ICI: “Vitally Important" That Financial Markets Remain Open
Paul Schott Stevens, president and CEO of the Investment Company Institute, issued the following...
Joint Trades Submit Comment Letter to the Legal Entity Identifier ("LEI") Regulatory Oversight Committee ("ROC") (pdf)
For T+2, It’s All Systems Go
For T+2, It’s All Systems Go By Michael Bodson, Kenneth E. Bentsen Jr., and Paul Schott Stevens (As...