House GOP Tax Reform Bill Recognizes the Important Role of Tax Deferral in Retirement Savings Washington, DC, November 2, 2017— ICI President and CEO Paul Schott Stevens today issued the following statement in response to the “Tax Cuts and Jobs Act” released today by House Ways and...
ICI Welcomes Treasury Report on Asset Management Regulation Stands Ready to Help Advance Constructive Recommendations Washington, DC, October 26, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement upon the release today by the...
The October 12 meeting of the Investor Advisory Committee (IAC)—a group established by the Dodd-Frank Act to advise the Securities and Exchange Commission (SEC) on regulatory priorities and other issues—has breathed new life into a long-running debate over how US-registered funds can...
The baseball postseason is well underway and the air has finally turned crisp. Perhaps that’s why—as we’re marking National Retirement Security Week—our thoughts have turned to the words of Yogi Berra, the great New York Yankees catcher. He was credited with so many pithy, wise, and...
Late last month, the Financial Stability Oversight Council (FSOC) voted to rescind its designation of American International Group (AIG). After requiring a bailout during the financial crisis, the insurer was designated as a non-bank “systemically important financial institution,” or...
Fund Boards’ Strong Governance Practices Provide Safeguards for Shareholders Washington, DC, October 11, 2017—Fund boards, as a group, continue to safeguard the interests of fund shareholders by maintaining strong governance practices, the Independent Directors Council (IDC) and...
Shareholders Confident That Funds Help Them Meet Financial Goals 100 Million Shareholders Across All Generations Use Funds to Save for Retirement, Education, Homeownership, and Other Goals Washington, DC, October 11, 2017—The vast majority of American mutual fund shareholders are...
“The New Reality of Old Age in America” (September 30) portrays economic security in retirement by pairing anecdotes about workers who have fared poorly with selected statistics. Comprehensive data on how our system is working overall tell a far different story: America’s retirement...
William F. “Ted” Truscott Re-elected ICI Chairman New Governors Elected to Board of Investment Company Institute Washington, DC, October 4, 2017—The Board of Governors of the Investment Company Institute (ICI) has elected ICI Chairman William F. “Ted” Truscott, CEO of Columbia...
Independent Directors Council Re-elects Chair Jonathan F. Zeschin; Dawn Vroegop Named Vice Chair Three New Members Join IDC’s Governing Council Washington, DC, October 4, 2017—The Governing Council of the Independent Directors Council (IDC) has re-elected Jonathan F. Zeschin as IDC’s...
