Flawed Regulatory Impact Analysis Caused Labor Department to Miss the Mark with Fiduciary Rule By Brian Reid (As published in Investment News , August 12, 2015) Testifying last month about the Department of Labor's proposed rule to redefine what types of interactions in the retirement...
ICI Supports SEC Rule Proposal to Enhance Fund Reporting and Modernize Shareholder Report Delivery Washington, DC, August 11, 2015—More frequent and substantive reporting on portfolio holdings by investment companies as proposed by the Securities and Exchange Commission (SEC) will...
DOL’s Fiduciary Rule: There’s Still Time to Get It Right By David Blass (As published in The Hill’s Congress Blog on August 7, 2015) The intense debate over efforts by the Department of Labor (DOL) to implement a fiduciary standard for investment advice in the retirement market...
ICI Recordkeeper Data Show Retirement Plan Participants’ Commitment to Saving Washington, DC, August 6, 2015 - ICI’s latest study of retirement plan savers’ actions shows Americans’ continuing commitment to saving for retirement. The study, “ Defined Contribution Plan Participants’...
ICI Names Marty Burns as Chief Industry Operations Officer Washington, DC, July 30, 2015—Martin “Marty” Burns has been named chief industry operations officer at ICI, promoted from his position as senior director of operations and distribution and acting chief industry operations...
ICI Statement on ESMA AIFMD Passport Recommendations ESMA Advice Inappropriately Confuses the Sale of Private Funds and Mutual Funds Washington, DC, July 30, 2015— Investment Company Institute President and CEO Paul Schott Stevens issued the following statement after the European...
ICI Statement on FSB Postponing Work on Asset Management SIFI Designation Methods Washington, DC, July 30, 2015— Investment Company Institute President and CEO Paul Schott Stevens issued the following statement today in response to an announcement from the Financial Stability Board...
Roth IRA Investors Tend to Be Younger Than Traditional IRA Investors Contributions, Not Rollovers, Form Base of Savings in Roth IRAs Washington, DC, July 28, 2015—Roth IRA investors tend to be younger than traditional IRA investors, reflecting the rules governing access to Roth IRAs...
