DOL Proposal on State-Run Retirement Programs Promotes Confusing Patchwork of Laws ICI Letter Notes Proposal Lacks Sufficient Study of Participant Protections Washington, DC, January 20, 2016–The Department of Labor (DOL) proposal designed to help states create retirement plans for...
New Book from ICI Challenges Conventional Wisdom on the Benefits of the U.S. Retirement System Analyzing Social Security and Tax Deferral Together Confirms: System Is Progressive, Provides Incentive to Save for All Workers Washington, DC, January 20, 2016—A new book authored by...
The following ICI Viewpoints is a lightly edited version of a letter that ICI President and CEO Paul Schott Stevens sent to U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White, as part of the Institute’s overall response to the SEC’s liquidity risk management proposal.
As I explained in a previous post, I filed a letter on January 13 with the U.S. Securities and Exchange Commission (SEC) in response to its liquidity risk management proposal and to Liquidity and Flows of U.S. Mutual Funds, a study by the Commission’s Division of Economic and Risk...
ICI Supports Establishing Formal Liquidity Risk Management Programs for Funds Comments Seek Important Changes to Other Elements of SEC Proposal Washington, DC, January 13, 2016—The Investment Company Institute (ICI) today strongly endorsed the Securities and Exchange Commission’s...
IDC Urges SEC to Pursue a More Flexible Liquidity Risk Management Rule for Funds Washington, DC, January 13, 2015—The Independent Directors Council (IDC) supports the essential goal of the rule proposal by the Securities and Exchange Commission (SEC) to promote effective liquidity...
On January 13, I filed a letter with the U.S. Securities and Exchange Commission (SEC), in response to the SEC’s liquidity risk management proposal and to Liquidity and Flows of U.S. Mutual Funds, a study by the SEC’s Division of Economic and Risk Analysis (DERA). My letter was one of...
In an ICI Viewpoints on December 16, we debuted new weekly data on flows to high-yield bond mutual funds, presenting data through December 9. In light of continuing developments in the high-yield market, we have had requests to provide an update this week, taking into account the...
The high-yield bond market has been buffeted recently, as market participants reassessed the risks of this sector and sent prices for many such bonds tumbling.
BrightScope/ICI Study Analyzes Combinations of Key Features of 401(k) Plans and Trends in Plan Design Study Taps Deep Store of 401(k) Plan Data Washington, DC, December 22, 2015—A new in-depth study of 401(k) plans analyzes the prevalence of automatic enrollment, employer...
