Ahead of the 15-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), Investment Company Institute (ICI) Chief Government Affairs and Public Policy Officer Tom Quaadman testified before the House Financial Services Committee on...
Ahead of the 15-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), Investment Company Institute (ICI) Chief Government Affairs and Public Policy Officer Tom Quaadman testified before the House Financial Services Committee on recommendations to enhance the Dodd-Frank Act and rectify its shortcomings.
Employer plans and individual retirement accounts (IRAs) are an important source of income for all but the lowest-income retirees. Either directly or through a spouse, more than 70 percent of Americans over age 70 receive income from retirement plans. That share increases rapidly with...
March 10, 2025—ICI Chief Global Affairs Officer Tracey Wingate released a statement after the European People's Party Group called for an urgent procedure for the “stop the clock” proposal.
March 7, 2025— ICI Chief Global Affairs Officer Tracey Wingate released a statement regarding ICI’s response to the European Commission’s call for evidence on the Savings and Investments Union.
March 6, 2025—Continued strong inflows into money market funds (MMFs) sent assets1 soaring by $51.15 billion to a record-breaking $7.03 trillion, the Investment Company Institute reported for the week ended Wednesday, March 5.
March 4, 2025—ICI wrote to the Securities and Exchange Commission today to encourage the agency to approve a principles-based co-investment framework that would provide more flexibility for retail investment products.
March 4, 2025—401(k) plans that use automatic enrollment mechanisms and/or employer contributions are critical to encourage workers to save and to invest for retirement, according to The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2022. More than...
February 26, 2025—ICI released a statement after the European Commission adopted a new package of proposals to simplify EU rules, which will now be submitted to the Parliament and Council for their consideration.
