In a July 25 letter to the Treasury Department, CII supports a rule governing U.S. investments in certain national security technologies and products in countries of concern.

The SEC declined to appeal a federal appeals court decision striking down a commission rule that required increased disclosure from private fund advisers and prohibited certain fee arrangements.

Treasury Undersecretary for Terrorism and Financial Intelligence Brian Nelson sent a reply letter to Reps. Blaine Luetkemeyer (R-Mo.), Josh Gottheimer (D-N.J.) and Brad Sherman (D-Calif) expressing concern that Florida HB 989 and similar state laws discouraging banks from considering non-quantitative factors when selecting customers may interfere with financial institutions’ ability to comply with national security requirements.

New York City Comptroller Brad Lander and trustees of the New York City Employees’ Retirement System (NYCERS) just adopted Responsible Property Management Standards that support fair practices toward residents living in properties owned or funded by asset managers

?The Financial Accounting Standards Board (FASB), the U.S. private sector accounting standard setter, has expressed interest in meeting (via Zoom) this fall with a group of U.S. asset owners who are CII members to obtain feedback about FASB’s future standard-setting agenda.