Wall Street Journal Editorial Ignores "Economic Disruption" of Floating the Value of Money Market Funds In response to the Wall Street Journal's lead editorial, ICI President and CEO Paul Schott Stevens submitted a letter to the editor in print and online. Following is the text of his...
On the first anniversary of the 2010 “flash crash,” Securities and Exchange Commission (SEC) Chairman Mary Schapiro highlighted the role of high frequency traders that day and said there is cause for the SEC to examine their role.
In a panel discussion moderated by John Rogers, Chairman and CEO of Ariel Investments, panelists Eddie Brown, President and CEO of Brown Capital Management, G. Stanley Cates, President of Longleaf Partners Funds, and Jack Laporte, Vice President of T. Rowe Price Associates, candidly...
Compliance officers play a special role in the fund industry. In a nutshell, their job is to make sure the rules are followed—and thus to help maintain the industry’s fiduciary culture and the investor trust that it fosters.
Coping in the Expanding World of Compliance Opening Remarks The Mutual Fund Compliance Programs Conference Karrie McMillan General Counsel, Investment Company Institute May 5, 2011 Marriott Wardman Park Hotel Washington, DC As prepared for delivery. Good morning, everyone. I’m Karrie...
In the four years since the financial crisis started, investors have been challenged to progress toward their financial goals even as markets have twisted and turned. For the most part, even in the face of considerable fear and uncertainty, investors stayed the course.
In the four years since the financial crisis started, investors have been challenged to progress toward their financial goals even as markets have twisted and turned. For the most part, even in the face of considerable fear and uncertainty, investors stayed the course.
Each year, ICI’s General Membership Meeting offers the fund industry a chance to come together to reflect on the past year and to look ahead to new opportunities. For the past eight months, it’s been my honor and pleasure to chair the GMM Planning Committee, working with a dedicated...
Fostering the Next Generation of Investors ICI Chairman’s Address 53rd Annual General Membership Meeting Edward C. Bernard Chairman, Investment Company Institute, and Vice Chairman, T. Rowe Price Group Inc. May 4, 2011 Marriott Wardman Park Hotel Washington, DC As prepared for...
The Way Forward with Fund Investors Chairman’s Address 53rd Annual General Membership Meeting Gregory E. Johnson President and CEO, Franklin Templeton Investments May 4, 2011 Marriott Wardman Park Hotel Washington, DC As prepared for delivery. Good afternoon, and welcome to the ICI’s...
