Audit and Attest
ICI and IDC Supplemental PCAOB NOCLAR Comment Letter
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint...
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...
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
ICI and IDC Supplemental PCAOB NOCLAR Comment Letter
March 18, 2024—The Investment Company Institute and Independent Directors Council filed a joint...
ICI Follow-Up Comment Letter on Proposed Amendments to FINRA Rule 2210
In late February, FINRA proposed to further amend Rule 2210 (Communications with the Public) (the...
Summary of Recent ICI Research on First-Mover Advantage, Dilution, and Systemic Risk in Open-End Funds (pdf)
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
What We Learned at the 2024 Investment Management Conference
March 25, 2024—Set against the backdrop of continued regulatory and legislative uncertainty, the...
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...
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...