ici-hero-banner-swing-pricing.png

Swing Pricing Resource Center

The SEC has proposed a rule that threatens mutual funds and will harm middle-class families trying to build financial security.
 

The proposal requires mutual funds to impose a “hard close” cut-off time on when investors can buy and sell their funds, meaning that millions of American investors will not get the best price for their trades.

It also creates operational challenges for mutual funds that could risk depriving Americans of access to funds and investment strategies they rely on to reach financial goals such as retirement, buying a home, or paying for college.

Related Regulatory and ICI Initiatives

Visit the Liquidity Risk Management Program Rule Resource Center for more information on these topics.

 

Financial Stability Resources

Visit our Financial Stability Resource Center for more information around the topic of financial stability, which ICI has addressed extensively in response to inquiries and papers from other regulatory bodies.

 

2023 Updates

More
One Pager

Mandatory Swing Pricing is Not a Panacea (pdf)

More
Comment Letter

ICI Comment Letter on Open-End Fund Liquidity Risk Management Programs and Swing Pricing

ICI submitted a comment letter to the SEC's on their proposal for liquidity, swing pricing, hard...
More
One Pager

What They Are Saying: SEC’s “Swing Pricing” Proposal is “Harmful” (pdf)

ICI News Releases

ICI White Papers

ICI Summary Memoranda

More
January 12, 2023
#34801

SEC Proposes to Expand Order Execution Disclosures Under Rule 605 of Reg NMS

On December 14, 2022, the Securities and Exchange Commission (SEC or "Commission") issued a proposal...

More ICI Resources