Investment Advisers Content

The Investment Company Institute submitted a letter SEC Chair Gensler, requesting that the SEC suspend the compliance dates for certain recent regulatory actions, halt work on not-yet-finalized rulemaking, and extend soon-to-expire relief that would have a significant impact on...

The Investment Company Institute along with along with the Securities Industry and Financial Markets Association, SIFMA Asset Management Group, American Bankers Association, Bank Policy Institute, Institute of International Bankers, Investment Adviser Association, Insured Retirement...

ICI submitted a letter to the Treasury requesting a delay to the Compliance Date for Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Reporting Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers; RIN 1506...

The Investment Company Institute submitted a Comment Letter to the Missouri Secretary of State on Proposed Rule 15 CSR 30-51.174, Fraudulent Practices of Investment Advisers and Investment Adviser Representatives Read more in the comment letter.

On August 12, 2024, ICI submitted a comment letter to the US Department of the Treasury ("Treasury") on the "Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector" (the "RFI"). In the RFI issued on June 12th, Treasury...

On April 8, 2024, the Investment Company Institute (ICI) and ICI Southwest submitted a supplemental joint comment letter to the Securities and Exchange Commission (SEC) on the ESG Fund and Adviser Proposal in light of the recent adoption and subsequent stay of the Public Company...

In late February, FINRA proposed to further amend Rule 2210 (Communications with the Public) (the "rule"). The amended proposal would permit a FINRA member to project performance or provide a targeted return with respect to a security or asset allocation or other investment strategy...

On February 15, 2024, ICI filed a comment letter in response to notices published by the Securities and Exchange Commission (SEC) soliciting comments on proposed rule changes filed, pursuant to Exchange Act Rule 19b-4, by the Financial Industry Regulatory Authority (FINRA) and the...

Washington, DC, February 6, 2024—Investment Company Institute (ICI) Deputy General Counsel Sarah Bessin released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to finalize rules to further define what it means to be a dealer under the 1934 Act:...