Treasury Department Content

The Investment Company Institute submitted a comment letter to the US Department of Treasury (Treasury) providing feedback on Treasury's Outbound Investment Security Program's first six months of implementation. Read more in the comment letter.

A recent opinion article from the Bloomberg Editorial Board writes that changes to the enhanced supplementary leverage ratio (eSLR) would leave banks less resilient when unrealized losses occur on long-term Treasuries. However, the editors are taking a narrow view of the proposed...

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 Treasury Department and the Internal Revenue Service in support of the proposed regulations relating to automatic enrollment requirements that apply to certain retirement plans. Read more in the comment letter.

The Investment Company Institute submitted a letter to Acting Chairman Mark Uyeda to request an extension of the various compliance dates under the Treasury Clearing Rule, including by a minimum of 24 months (i.e., an extension to at least June 30, 2028) for the Treasury Repo Clearing...

Washington, DC; January 27, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement in response to the U.S. Senate confirming Scott Bessent as U.S. Treasury Secretary: “ICI congratulates Secretary Bessent on his confirmation today...

ICI submitted a joint comment letter to the Treasury Department and Internal Revenue Service, requesting an extension to the deadline for responses to the Savers Match Contribution Notice. Read more in the comment letter.

The Investment Company Institute submitted a letter to the Treasury Department and Internal Revenue Service providing views on Notice 2024-65 as they work to draft rules and processes to support and administer Saver’s Match contributions pursuant to sections 103 and 104 of the SECURE...

The Investment Company Institute submitted a comment letter to the IRS and Treasury, responding to a request for comments on IRS Notice 2024-55, which provides guidance as to certain exceptions to the 10 percent additional tax under Code section 72(t) pursuant to the SECURE 2.0 Act...