Policy Priorities
Comment Letters
ICI Comment Letter on CFTC Proposed Revisions to Regulation 1.25
On January 17, 2024, Investment Company Institute (ICI) submitted comments to the Commodity Futures...
ICI Comment Letter on Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity
ICI has filed two letters in response to the joint notice of proposed rulemaking issued by the Board...
ICI Supplemental Comment Letter on Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity
ICI has filed two letters in response to the joint notice of proposed rulemaking issued by the Board...
Fund Governance
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...
Navigating Intermediary Relationships (pdf)
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: 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...
ICI to Co-Host ERISA 50th Anniversary Symposium and Gala
November 30, 2023—ICI announced that it and eight other associations will host the ERISA 50th...
ICI Statement on DOL Proposed Fiduciary Rule
October 31, 2023—ICI President and CEO Eric Pan released the following statement regarding the...
Taxes
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...
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...
Testimony
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)
Statement for Senate Hearing on Financial Stability Oversight Council Nonbank Designations (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...