Industry Perspectives on the Obama Administration's Financial Regulatory Reform Proposals Hearing before the Committee on Financial Services United States House of Representatives Statement of the Independent Directors Council July 17, 2009 Table of Contents Introduction I. Consumer...
401(k) Participants Invested In Low-Cost, Low-Turnover Mutual Funds Washington, DC August 6, 2009 - Low-cost mutual funds with below-average turnover continued to attract 401(k) investors’ assets, according to an annual report by the Investment Company Institute. At year-end 2008...
ICI Supports Bipartisan House Bill That Boosts Investors’ Ability to Meet Their Savings Goals Washington, DC, July 31, 2009 - ICI President and CEO Paul Schott Stevens issued the following statement about a tax bill, H.R. 3429, the Generating Retirement Ownership Through Long-Term...
ICI’s Stevens Calls for Effective Systemic Risk Council Council Would Enlist Expertise, Diverse Views of Core Financial Regulators Washington, DC, July 23, 2009 - Investment Company Institute President and CEO Paul Schott Stevens, in testimony before the U.S. Senate Banking Committee...
ICI Supports Regulatory Reform to Enhance Investor Protections ICI President Recommends a Stronger SEC and an Effective ‘Systemic Risk Council’ Washington, DC, July 17, 2009 - Investment Company Institute President and CEO Paul Schott Stevens, in testimony before the U.S. House...
ICI Commends SEC for Important Step Forward in Addressing Critical Disclosure Needs in Municipal Market Washington, DC, July 15, 2009 - Investment Company Institute President and CEO Paul Schott Stevens issued the following statement in response to the Securities and Exchange...
MoneyVoices: ICI's Stevens Backs Rival 401(k) Fee Bill by Paul Schott Stevens (as published in the MoneyVoices column in Ignites on July 9, 2009) The Investment Company Institute and its mutual fund members have been advocating better 401(k) disclosure for more than 30 years. The...
ICI’s Response to July 7 401(k) Commentary on Huffingtonpost.com I’m writing from the Investment Company Institute, the national association for mutual funds. More than 40 percent of the assets in 401(k) plans and individual retirement accounts are in mutual funds, so we take a strong...
ICI: More Work Needed to Achieve Useful 401(k) Reform Washington, DC, June 24, 2009 - ICI President and CEO Paul Schott Stevens issued the following statement about House Education and Labor Committee action today on a 401(k) disclosure and investment advice bill (H.R. 2989): “For 30...
ICI President and CEO Paul Schott Stevens issued the following statement about the Securities and Exchange Commission’s proposed reforms for money market fund regulation, which the Commission announced today on a unanimous vote
