WASHINGTON -- The Investment Company Institute has sent mutual funds guidelines on derivatives in the wake of increased scrutiny from Congress, federal regulators, and the press.

The guidelines are contained in a 27-page memorandum that defines derivatives, outlines their possible uses, and details current regulatory issues as well as the risk management and disclosure responsibilities of fund officials.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.