The New York Fed’s Flawed Approach to Fixing the Money Market
William C. Dudley, president and CEO of the Federal Reserve Bank of New York, recently delivered a...
One Size Does Not Fit All in Regulation of Financial Benchmarks
Following controversy surrounding calculation of the London Interbank Offered Rate (LIBOR)...
Money Market Funds: There Goes the Wall Street Journal Again
Over the past three years, the Wall Street Journal has published six editorials on money market...
Extra, Extra, Read All About It: Americans Are Preparing for Retirement
Data and academic research overwhelmingly show that Americans are taking care to prepare for...
ICI Responds to Letter on Money Market Funds from Federal Reserve Bank Presidents
Today, ICI made the following statement in response to a comment letter on money market fund reforms...
In Case You Missed It: “On Retirement Policy, Don't Mess with Success”
In an op-ed for InvestmentNews, ICI President and CEO Paul Schott Stevens explains the importance of...
Money Market Funds and the Expiration of Unlimited Deposit Insurance
As stipulated in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Federal Deposit...
A Comprehensive View on How to Preserve Money Market Funds and Further Their Stability
Since the financial crisis, ICI has supported exploring reasonable options to make money market...
ICI Global Welcomes Improvements in Final FATCA Regulations
ICI Global Senior Counsel for Tax Law, Keith Lawson, made the following statement today regarding...
Securities Lending and Repos: FSB Intrudes on Areas Best Left to National Regulators, Market Forces
The Financial Stability Board (FSB), the international body established by the G20 to promote...
The Reasonable Balance of the 2010 Reforms for Money Market Funds
Financial intermediaries—banks, hedge funds, insurance companies, investment companies, and private...
2013 Regulatory Challenges and Trends Facing Global Funds
ICI Global launched last autumn with 12 members and a mission to serve as a voice for global...
In Case You Missed It: “Don't Enact Financial Transaction Taxes”
The Hill has just posted a commentary from ICI President and CEO Paul Schott Stevens in which he...
Fund Industry Leaders Urge “Sustainable Course” for U.S. Finances
For the good of investors and all Americans, leaders across the fund industry have been outspoken...
One Step Forward for Cross-Border OTC Derivative Regulatory Reform
International regulators recently published a statement updating the discussions amongst the main...
Witnessing Asia’s Potential for Asset Managers
Since our launch just over a year ago, ICI Global has made six trips to Asia to meet with regulators...
ICI Supports Legislation to Shield U.S. Investors from Foreign Financial Taxes
ICI issued the following statement in support of H.R. 6616, a bill introduced by Representative Tom...
On Money Market Funds, False Promises and Faulty Premises from The Wall Street Journal
The Wall Street Journal continues its efforts to tar money market funds with the stigma of “bailout”...
Beware Recurring Misstatements on Money Market Funds
With the recent action from the Financial Stability Oversight Council, money market funds are...
An Operations Issue to Watch: Shortening the Settlement Cycle
Should the time between the execution of securities trades and settling payment be reduced in U.S...
Do U.S. Banks Rely Heavily on Money Market Funds? No.
Money market funds provide important short-term funding for the U.S. economy: these funds hold a...
The FSOC Fails to Advance the Debate
ICI President and CEO Paul Schott Stevens issued the following response to today’s meeting of the...
More Time Is Needed to Ensure Effective FATCA Implementation
On January 1, 2013, various rules implementing the Foreign Account Tax Compliance Act (FATCA) begin...
FATCA Must Not Undercut the Advantages That U.S. ETFs Offer Global Investors
In recent months, ICI has continued to engage closely with regulators to share our concerns and...
Paper Concludes Amortized Cost Is Appropriate for Money Market Funds
A recently released paper examines the use of amortized cost by money market funds and concludes...
Sticking to the Facts of Money Market Fund Regulation
In a recent column, the Evening Standard’s Anthony Hilton includes money market funds as part of a...
IDC Paper Assists Boards in Oversight of ETFs
The Independent Directors Council (IDC) has issued a new paper, Board Oversight of Exchange-Traded...
Transparency and Inclusiveness Are Key to Addressing FATCA Challenges
U.S. officials, their counterparts overseas, and representatives from the private sector continue to...
The Wall Street Journal’s Blind Spot on Money Market Funds
The Wall Street Journal editors’ Sisyphean labors on money market fund regulation apparently have...
The Facts and Principles That Must Guide Money Market Fund Reform
In Madrid this week, the board of the International Organization of Securities Commissions will...