September 24, 2024—ICI President and CEO Eric Pan released a statement regarding Senator Tim Scott’s (R-SC), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, introduction of the Empowering Main Street in America Act. The bill package includes the...
September 12, 2024—ICI, SIFMA, and the DTCC today released the “T+1 After Action Report,” which reviews the general project timeline for the shortened settlement cycle, including its key milestones and achievements.
September 12, 2024—Powerful activist investors have been abusing the New York Stock Exchange's annual shareholder meeting requirement for listed closed-end funds, a requirement that provides little benefit to long-term shareholders and costs them millions of dollars. The NYSE's...
September 9, 2024—ICI President and CEO Eric Pan released the following statement regarding the Draghi report on the future of the EU’s competitiveness:
September 5, 2024—ICI announced today that Tracey Wingate, Deputy Chief of Global Affairs and former ICI Chief of Staff, will transition to a new role as Chief Global Affairs Officer, with Anke Klein joining as Managing Director of ICI’s Brussels office, and Claudia Grau joining as...
August 30, 2024—Adjusted for inflation, average retirement assets per US household are nearly 10 times what they were 50 years ago. That surge in wealth has been propelled largely by IRAs, 401(k)s, and similar plans, which provide retirement security for families of all backgrounds...
August 28, 2024—ICI President and CEO Eric Pan released a statement regarding the Securities and Exchange Commission’s vote to adopt changes to Form N-PORT reporting requirements and liquidity risk management program guidance.
August 21, 2024—The undeniable strength of the 401(k) system is seen in the report, "The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2021," released today by ISS Market Intelligence (MI) and the Investment Company Institute (ICI). Analyzing...
