July 27, 2023: ICI President and CEO Eric Pan released the following statement on the Financial Stability Oversight Council’s (FSOC) proposals to develop an analytic framework for financial stability risk identification and change the process to designate a non-bank as a systemically...
Critics of the current retirement system often claim that Americans have insufficient income in retirement and that the system’s voluntary component is failing, leaving retirees too reliant on Social Security. 1 While these assertions are used to justify proposals to overhaul employer...
ICI released the following statement on a proposal from the Securities and Exchange Commission (SEC) aimed at addressing possible conflicts of interest in investment advisers' and broker dealers' use of predictive data analytics, AI, and other technologies.
ICI Deputy General Counsel for Markets, SMAs, & CITs Sarah Bessin released the following statement regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule amendments to margin requirements for uncleared swaps.
ICI President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to adopt money market fund reforms.
When the European Commission released its proposed EU Retail Investment Strategy (RIS) package, it noted that capital market participation in the European Union has traditionally been lower than in the United States. We sometimes hear that part of the reason for this discrepancy is...
With the Retail Investment Strategy (RIS), the European Union has a chance to empower tens, perhaps hundreds, of millions of people to chart a stronger financial future. There is an opportunity to create a framework that will enable and incentivize retail savers to invest in the...
The EU Retail Investment Strategy (RIS) aims to advance the Capital Markets Union (CMU) and empower retail investors to save and invest more effectively, including through UCITS and similar products. One important element of the European Commission’s RIS proposal is a focus on “value...
The recently released EU Retail Investment Strategy (RIS) aims to advance the Capital Markets Union (CMU) and empower retail investor participation in the capital markets, including through UCITS and similar products, with a package of proposed legislative changes. ICI Global strongly...
In a recent ICI Viewpoints, we promised to briefly revisit some of the concerns we’ve long voiced about the theoretical underpinnings of the first-mover hypothesis. That is, the notion that fund investors may redeem en masse during market downturns to avoid the possibility of other...
