ICI sees strong evidence that the features of 401(k) plans help Americans avoid overreaction to financial turmoil, by countering extremes in investor behavior that hard times often produce. This was one of the key points that I made recently at the Ayco Summer InnerCircle Benefits and...
The continuing impasse over the U.S. government’s borrowing limit—the “debt ceiling”—and efforts to rein in the growth of federal debt has raised many questions for investors in all types of financial assets. ICI believes that money market funds are no more vulnerable to these events...
We occasionally encounter the puzzling misperception that individual retirement accounts (IRAs) are under-regulated—as in this recent Wall Street Journal story. The truth is, IRA investors benefit from a comprehensive regulatory framework, one that governs the IRA itself, IRA...
Statistics on money market funds inflows and outflows are currently a hot topic in the financial world, so it’s a good time to dig into the data and see if we can help explain the latest trends.
Helping Working Americans Achieve A Financially Secure Retirement How the 401(k) System Is Succeeding Ayco Summer InnerCircle Benefits and Compensation Conference July 28, 2011 Saratoga Springs, New York Paul Schott Stevens President and CEO Overview • Why ICI? Role of Mutual Funds...
Helping Working Americans Achieve a Financially Secure Retirement How the 401(k) System Is Succeeding Ayco Summer InnerCircle Benefits and Compensation Conference Paul Schott Stevens, President and CEO Investment Company Institute July 28, 2011 Saratoga Springs, NY Download slides...
Proposals on margin requirements for uncleared swaps could create regulatory gaps that would work against the goal of ensuring fair and orderly swap markets, ICI said in recent comment letters. We recommended changes to the proposals, which come from both banking regulators and the...
ICI and IDC Applaud U.S. Court of Appeals Decision to Vacate SEC Proxy Access Rule Court’s Decision Recognizes Mutual Funds’ Unique Structure Washington, DC, July 22, 2011 - The Investment Company Institute and the Independent Directors Council welcome the U.S. Court of Appeals for...
As Paul Schott Stevens wrote on ICI Viewpoints earlier, a downgrade or default of U.S. Treasury securities would have grave implications for investors, markets, and economies around the world. This prospect raises a number of questions for funds and their shareholders, particularly...
