Like the products themselves, exchange-traded fund (ETF) and mutual fund investors share many commonalities. In fact, most ETF-owning households also own mutual funds, using both vehicles to achieve similar goals. However, recent ICI survey data shed light on some important...
September 20, 2023–ICI President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to adopt reforms to the Fund Names rule.
Funds face unique challenges in performing intermediary oversight, and especially so because of MiFID II requirements, changing regulatory landscapes, and the absence of an industry agreed-upon standard between funds and their distribution channels. To help address these challenges...
September 14, 2023—ICI President and CEO Eric J. Pan issued the following statement regarding Securities and Exchange Commission (SEC) Chair Gary Gensler’s testimony to the US Senate Banking Committee this week, in which Gensler repeated his unsupported assertion that mutual funds...
SEC to Vote on Names Rule Proposal Next Week The Securities and Exchange Commission (SEC) announced that it will consider on Wednesday, September 20, whether to adopt amendments to the Names Rule that would significantly broaden the scope of the rule. Previously, the SEC had proposed...
ICI has named Rochelle “Shelly” Antoniewicz as its new Deputy Chief Economist. Antoniewicz will work with ICI’s Chief Economist Sean Collins in leading ICI’s research department, including continuing to oversee the Institute’s work on the structure and trends of the fund industry and...
