A November 2010 paper on U.S. capital markets from the Kauffman Foundation shows a fundamental misunderstanding of how exchange-traded funds (ETFs) operate. The authors are respected industry authorities, and they offer some ideas that merit further consideration. But the paper levels...
Understanding the successes of the U.S. retirement savings framework can aid European regulators as they consider reform of pension systems in the European Union, ICI said in a comment letter.
Funds Address Changing Mix of Proxy Proposals During Crisis ICI Study Examines 10 Million Fund Proxy Votes from 2007 to 2009 Washington, DC, November 11, 2010 - The 2007–2009 financial crisis altered the mix of proxy proposals that funds must vote on, according to a comprehensive new...
ICI Response to Kauffman Foundation Paper, “Choking the Recovery: Why New Growth Companies Aren’t Going Public and Unrecognized Risks of Future Market Disruptions” There’s much to think about in the recent paper from the Kauffman Foundation. The authors, who have vast knowledge of and...
New ICI research on trends in proxy voting by mutual funds finds that the 2007–2009 financial crisis altered the mix of proxy proposals funds voted on. Our economists’ examined more than 10 million fund votes cast during this period.
Today, ICI filed its comment letter on the Securities and Exchange Commission’s proposal to replace Rule 12b-1. While our letter commends the SEC for addressing some legitimate concerns with Rule 12b-1, we question the proposal’s timing and breadth, calling it far more extensive and...
The newly-created Financial Stability Oversight Council (FSOC) has been tasked with determining which nonbank financial companies are systemically significant and therefore require additional regulatory scrutiny. The FSOC has asked for input regarding the specific criteria and...
ICI Responds to PWG Report on Money Market Funds Washington, DC, October 21, 2010 - Today, ICI President and CEO Paul Schott Stevens issued the following statement in response to the report by the President’s Working Group on Financial Markets on money market funds: “The President’s...
Retirement Snapshot, Second Quarter 2010 Retirement Assets Down, Loan and Withdrawal Activity Edged up, While Contribution Activity Persisted Washington, DC, October 20, 2010 - A newly released report, The U.S. Retirement Market, Second Quarter 2010, shows that between March 2010 and...
ICI Education Foundation: Financial Awards Available for DC High School Students Participating in National Financial Education Program Washington, DC, October 18, 2010 - The Investment Company Institute Education Foundation (ICIEF) today announced a new awards program designed to...
