In a recent letter to the Securities and Exchange Commission, the Investment Company Institute supported the SEC's proposal to amend Form 8-K under the Securities Exchange Act of 1934, but suggested that several changes be made. Form 8-K is used to report the occurrence of any material events or corporate changes that are of importance to investors.

The proposed amendment would require disclosing certain insider trading activities on Form 8-K, including directors' and executive officers' transactions in company equity securities and loans to them that are guaranteed by their company.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.