Comprehensive reforms by the Securities and Exchange Commission (SEC) in 2010 to regulations governing money market funds were tested by market stresses in 2011 and are working, according to new analysis by the Investment Company Institute (ICI) in a study released today.
ICI, U.S. Chamber Appeal Challenge to CFTC Rule 4.5 to the D.C. Circuit Washington, DC, December 27, 2012 - The Investment Company Institute (ICI) and the U.S. Chamber of Commerce today filed a notice of appeal of a recent ruling by the U.S. District Court for the District of Columbia...
The Hill has just posted a commentary from ICI President and CEO Paul Schott Stevens in which he discusses financial transaction taxes (FTTs) and why U.S. policymakers would be well-advised to avoid enacting them.
401(k) Investors Continued to Diversify in 2011 Nearly Three-Quarters of 401(k) Plans Include Target Date Funds Washington, DC, December 20, 2012 - 401(k) savers continued to seek diversified portfolios in 2011, with 61 percent of 401(k) participants’ assets invested in equity...
Don't Enact Financial Transaction Taxes By Paul Schott Stevens (as published in The Hill , December 20, 2012) It’s an idea that some policymakers might find tempting: raising billions for U.S. government coffers by taxing financial transactions such as stock, bond, and derivatives...
For the good of investors and all Americans, leaders across the fund industry have been outspoken about the necessity of the U.S. government taking a sound and sustainable approach to its finances.
Traditional IRA–Owning Households Indicate Rollovers Help to Consolidate Retirement Assets IRA Owners Also Have Tax Implications in Mind Washington, DC, December 17, 2012 - Rollovers into traditional individual retirement accounts (IRAs) are playing an important role as households...
International regulators recently published a statement updating the discussions amongst the main global financial centers about the framework that should regulate cross-border over-the-counter (OTC) derivative transactions.
