ICI to Unveil Weekly Reports on ETF Net Issuance Washington, DC, April 25, 2016—The Investment Company Institute (ICI) will begin issuing a new report on weekly estimated exchange-traded fund (ETF) net share issuance, offering increased insight into this popular and growing market...
Earlier this month, I wrote about the wide-ranging benefits of the proposed Securities and Exchange Commission (SEC) rule to give U.S. regulated funds the option of making online access to shareholder reports their default method for informing their shareholders.
In this installment of our series focusing on cybersecurity, we are going to look at exercising—not the type of exercising that many of us do to stay in shape, though that is a good place to start.
ICI Releases Closed-End Fund Report Washington, DC, April 18, 2016—The Investment Company Institute (ICI) today released its annual report on the closed-end fund (CEF) market, providing analysis of 2015 data from this sector. Total assets of closed-end funds decreased to $261 billion...
ICI Responds to FSOC Report Washington, DC, April 18, 2016— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement in response to a report on asset management activities and products released today by the Financial Stability Oversight...
ICI Responds to DOL’s Final Fiduciary Rule Washington, DC, April 6, 2016— ICI President and CEO Paul Schott Stevens issued the following statement today in response to the Department of Labor’s release of the final rule re-defining the fiduciary standard for investment advice to a...
A recent SEC rulemaking proposal presages good news for America’s 90 million mutual fund shareholders. Proposed Rule 30e-3 under the Investment Company Act of 1940, introduced last year as part of a larger initiative to enhance and modernize fund data reporting, would give funds the...
ICI Education Foundation Celebrates Financial Literacy Month Washington, DC, April 4, 2016–April is Financial Literacy Month, and the Investment Company Institute Education Foundation (ICIEF) is participating by encouraging all Americans to take advantage of resources that will help...
ICI recently released its annual update on the expense ratios of mutual funds, showing expense ratios to be at their lowest levels in at least 20 years.
