Servicing and Recordkeeping
This page provides resources to help funds deliver products and services to investors as efficiently and effectively as possible, and to respond to regulatory and compliance challenges on a timely basis.
Abandoned Property and Escheatment
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)
Focus on Funds: Fund Investors Should Be Alert to "Abandoned Property" Risk
Focus on Funds Fund Investors Should Be Alert to “Abandoned Property” Risk Pennsylvania and other...
Anti-Money Laundering and Customer Due Diligence
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...
ICI Comment Letter on Pilot Program on Sharing of Suspicious Activity Reports and Related Information With Foreign Branches, Subsidiaries, and Affiliates (pdf)
ICI Comment Letter on Review of Bank Secrecy Act Regulations and Guidance (pdf)
Electronic Communications and Recordkeeping
Electronic Delivery of Financial Information Is Way Overdue
From paying bills to ordering pizza, most people reach for an electronic device when they need...
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 Commends Senators for Introducing E-Delivery Legislation
February 29, 2024—ICI President and CEO Eric Pan released the following statement after Senators...
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
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...
ICI Comment Letter on Certain Information Providers Acting as Investment Advisers
In June, the SEC issued a request for comment on index providers, model portfolio providers, and...
Money Market Funds
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...
Previous Reform Made Prime Funds Less Resilient This Time Around
Even as the market turmoil triggered by strict government mandates and social distancing due to the...
Retirement Plans
ICI Statement on Japan's Asset Management Policy Reforms
July 1, 2024—ICI President and CEO Eric J. Pan released a statement on the Japanese government’s...
ICI Comment Letter on the Department of Labor's Proposed Information Collection Request
The Investment Company Institute submitted a comment letter on the proposed Information Collection...
ICI Comment Letter on IRS 2024-2025 Priority Guidance Plan
ICI filed a letter to the Treasury and IRS on May 31, 2024, recommending items for inclusion in the...