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Stevens Outlines Strengths, Goals of 401(k) System

Retirement Savings Summit Welcoming Remarks by Paul Schott Stevens President and CEO Investment Company Institute March 5, 2009 Grand Hyatt Washington Washington, DC Good morning. I am Paul Stevens, president and CEO of the Investment Company Institute, and it is my great pleasure to...
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ICI Releases Detailed Regulatory Reform Proposal

ICI Outlines Detailed Regulatory Reform Proposal Institute Recommends New Systemic Risk Regulator and Capital Markets Regulator Washington, DC, March 3, 2009 - The Investment Company Institute today issued a white paper with recommendations on how to achieve meaningful reform of the...
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ICI President Applauds Appointment of FINRA CEO

ICI President Applauds Appointment of FINRA CEO Washington, DC, February 25, 2009 - Investment Company Institute President and CEO Paul Schott Stevens issued the following statement on the appointment of Richard G. Ketchum as CEO of the Financial Industry Regulatory Authority (FINRA)...
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Trade Associations to Host Retirement Savings Summit

Trade Associations to Host Retirement Savings Summit Dialogue Will Involve Industry, Administration, and Congress Washington, DC, February 25, 2009 - With Americans and policy makers alike looking at retirement savings in light of the recent economic and financial market challenges...
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ICI President Outlines Improvements for 401(k)s

ICI President Outlines Improvements for 401(k)s In Congressional Testimony, Stevens Calls for Strengthening the Retirement System Washington, DC, February 24, 2009 — ICI President and CEO Paul Schott Stevens, in testimony before the House Education and Labor Committee, offered...
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Retirement Assets Total $15.9 Trillion in Third Quarter

Retirement Assets Total $15.9 Trillion in Third Quarter Washington, DC, February 19, 2009 - Americans held $15.9 trillion in retirement assets at the end of the third quarter of 2008, accounting for 35 percent of all household financial assets in the United States, the Investment...
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New Report on Weekly Flows of Long-Term Mutual Funds

Estimated Long-Term Mutual Fund Flows February 11, 2009 Washington, DC, February 11, 2009 - Total estimated inflows to long-term mutual funds were $3.76 billion for the week ended Wednesday, February 4, the Investment Company Institute reported today. Flow estimates are derived from...
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ICI Revamps Weekly Assets Report

Money Market Mutual Fund Assets February 12, 2009 Washington, DC, February 12, 2009 - Total money market mutual fund assets decreased by $3.20 billion to $3.903 trillion for the week ended Wednesday, February 11, the Investment Company Institute reported today.  Taxable government...