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.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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