Is Your Fund’s Board Watching Out for You? IDC managing director Amy Lancellotta comments on an article in the Washington Post published June 9, 2012: This article's headline poses the question, “ Is Your Fund’s Board Watching Out for You?” The answer to that question is a resounding...
Maryland Public Television Receives ICI Education Foundation Grant Washington, DC, June 8, 2012 - The Investment Company Institute Education Foundation (ICIEF) announced today that Maryland Public Television (MPT) is receiving a $25,000 grant that will underwrite a series of online...
What is the future of retirement? In remarks today to Town Hall Los Angeles, I made the case that the 401(k) system will play a crucial role in building that future.
Americans and Retirement: Finding Strength in the 401(k) System Town Hall Los Angeles Paul Schott Stevens President and CEO Investment Company Institute June 7, 2012 Millennium Biltmore Hotel Los Angeles, CA As prepared for delivery. Good afternoon. Thank you, Jon [Goodman, president...
The View from Washington: An ICI Perspective Keynote Address Fundamentals of Mutual Funds and Exchange-Traded Funds Conference Practising Law Institute Bob Grohowski Senior Counsel Investment Company Institute PLI New York Center New York, NY June 6, 2012 Thank you, Laurie, for those...
In the debate around money market funds, we’ve seen too many instances of participants in the discussion taking positions or making assertions without properly putting things in context. This is troubling, because a poor sense of the big picture can increase the risk of bad policy...
In early April, President Obama signed the Jumpstart Our Business Startups Act, or JOBS Act, into law. Most of the JOBS Act has little to do with the fund industry, but one provision—the repeal of a long-standing ban on advertising private securities offerings—has the potential to...
Congress enacted the Foreign Account Tax Compliance Act (FATCA) in 2010 in response to efforts by certain U.S. taxpayers to hide assets and income subject to U.S. tax. To enhance tax compliance by U.S. taxpayers, FATCA imposes significant new customer identification, reporting, and...
