403(b) Plans Offer Diverse Array of Investment Options BrightScope/ICI Study Also Finds Total Costs of 403(b) Plans Decreased from 2009 to 2012 Washington, DC, June 30, 2015—Employees of educational institutions and other nonprofit employers who participate in 403(b) plans enjoy many...
ICI Welcomes IOSCO’s Call to Focus on Products and Activities in Asset Management Washington, DC, June 17, 2015—ICI President and CEO Paul Schott Stevens today issued the following statement in response to the communiqué released today by the Board of the International Organization of...
ICI Statement on SIFMA’s Proposed Best Interests of the Customer Standard Washington, DC, June 3, 2015— ICI President and CEO Paul Schott Stevens today issued the following statement on the Proposed Best Interests of the Customer Standard issued by the Securities Industry and...
FSB Has No Basis in Data, Analysis for Targeting U.S. Funds, Asset Managers in Flawed G-SIFI Designation Process: ICI Institute Calls on U.S. Officials to ‘Redirect’ FSB Toward Activities, Practices Washington, DC, June 1, 2015—The proposed approach by the Financial Stability Board...
ICI Welcomes Passage of FSOC Improvement Measures in Senate Banking Committee Washington, DC, May 21, 2015— The Senate Banking Committee today approved the Financial Regulatory Improvement Act of 2015, which contained important provisions related to the process used by the Financial...
ICI Comment on SEC Rule Proposals for Fund Reporting Washington, DC, May 20, 2015— Investment Company Institute President and CEO Paul Schott Stevens made the following statement in response to a vote today by the Securities and Exchange Commission (SEC) to issue proposals on...
ICI Statement on Appointment of David Grim as Director of the SEC’s Division of Investment Management Washington, DC, May 8, 2015— Investment Company Institute President Paul Schott Stevens issued the following statement today on the appointment of David Grim as the next Director of...
ICI Hires Matthew Beck to Lead Media Relations Washington, DC, May 4, 2015—The Investment Company Institute has named Matthew Beck as senior director, media relations, responsible for all media and public relations. Beck, who will serve as a principal public spokesperson for the...
Washington, DC, April 30, 2015—Total assets of closed-end funds (CEFs) increased to $289 billion at year-end 2014, up $10 billion from year-end 2013. Demand for new bond CEF shares, however, slowed substantially during the same time frame, according to an updated annual study released...
