Policy Priorities
Comment Letters
ICI Comment Letter on Proposed Changes to NAIC Financial Analysis Handbook
August 30, 2024— ICI submitted a letter to express its concern with the National Association of...
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")...
ICI Global Response to ESMA Consultation Paper on UCITS Eligible Assets Directive
ICI Global provided comments in response to the Call for Evidence from the European Securities and...
Fund Governance
ICI and IDC Comment Letter on the PCAOB Metrics Docket
On June 7, 2024, the Investment Company Institute and Independent Directors Council filed a joint...
ICI and IDC Supplemental PCAOB NOCLAR Comment Letter
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint...
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...
Fund Regulation
ICI Comment Letter in Support of NYSE Proposed Rulemaking Exempting Closed-End Funds from Annual Meeting Requirement
On July 30, 2024, ICI submitted a comment letter to the SEC in support of NYSE's proposed amendments...
ICI Letter to FDIC Board on Regulated Fund Investments in Banking Organizations
ICI President and CEO Eric J. Pan today wrote to the Federal Deposit Insurance Corporation (FDIC)...
Joint Comment Letter on Effect of Stay of Public Company Climate Rule on Fund and Adviser ESG Proposal
On April 8, 2024, the Investment Company Institute (ICI) and ICI Southwest submitted a supplemental...
Retirement Security
ICI Welcomes Senate Bill Introduction to Help Retirement Savers
August 1, 2024—ICI President and CEO Eric J. Pan released a statement after Senators Katie Britt (R...
ICI Submits Comments on the Amendments to the Abandoned Plan Program
July 16, 2024— in this letter ICI provides comments on the notice of proposed rulemaking that would...
The DOL’s Hurried Fiduciary Rule Poses Lasting Harm to Investors
April 12, 2024—When it comes to their investments, Americans enjoy more information, choice, and...
Taxes
ICI and IDC Comment Letter on the PCAOB Metrics Docket
On June 7, 2024, the Investment Company Institute and Independent Directors Council filed a joint...
ICI and IDC Supplemental PCAOB NOCLAR Comment Letter
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint...
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...
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...