Audit and Attest
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...
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...
Financial Intermediary Controls and Compliance Assessment Engagements (pdf)
FASB Issues
ICI Comments on FASB Technical Changes to Topics 820 and 946 (pdf)
FASB Proposal to Change Accounting for Investments in Funds
The Financial Accounting Standards Board (FASB) recently released a proposal that will change how...
ICI Comments on FASB Recognition and Measurement of Financial Instruments Proposal (pdf)
Financial Reporting
Summary of Recent ICI Research on First-Mover Advantage, Dilution, and Systemic Risk in Open-End Funds (pdf)
ICI Comment Letter on Proposed Amendments to FINRA Rule 2210
Last month, FINRA filed with the SEC proposed amendments to Rule 2210 (Communications with the...
ICI Comment Letter to the Department of Treasury on the 30-Day Notice
The Investment Company Institute (“ICI”) submitted this comment letter in response to the 30-day...
IFRS Issues
ICI Comment Letter on SEC Staff Paper Describing Possible Approach for Incorporating IFRS Into U.S. Financial Reporting System (pdf)
Switching to International Accounting Standards Wouldn’t Likely Benefit U.S. Fund Investors, ICI Tells SEC
A key issue for ICI’s Operations team is regulator interest in harmonizing worldwide accounting...
Institute Responds to SEC Request for Information on Application of IFRS to Funds (pdf)
SEC Yield and Total Return
ICI Responds to SEC Vote on Climate Disclosure Rules
March 6, 2024—ICI CEO and President Eric Pan released the following statement regarding the...
ICI Commends Senators for Introducing E-Delivery Legislation
February 29, 2024—ICI President and CEO Eric Pan released the following statement after Senators...
ICI President’s Address, 2024 ICI Innovate
Any discussion of tech and finance should start with the most exciting innovation of our time. I’m...
Valuation
Summary of Recent ICI Research on First-Mover Advantage, Dilution, and Systemic Risk in Open-End Funds (pdf)
ICI Follow-Up Letter to SEC on Rule 15c2-11 and Rule 144A Debt Securities
On October 25, ICI submitted the attached follow-up letter to SEC Chair Gary Gensler on the...
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...