IDC at 20: Advancing Excellence in Fund Governance In recognition of our 20th anniversary, IDC released today a Viewpoint post by IDC Managing Director Tom Kim, The Independent Directors Council: 20 Years of Advancing Excellence in Fund Governance. Kim reflects on IDC’s formation in...
February 29, 2024—In May 2004, the Investment Company Institute formed the Independent Directors Council as a new independent entity to support and strengthen the vital role of fund independent directors.
February 29, 2024—ICI’s latest research shows in mid-2023, 55.5 million US households, or 42.2 percent, reported that they owned individual retirement accounts (IRAs).
February 29, 2024—ICI President and CEO Eric Pan released the following statement after Senators John Hickenlooper (D-CO) and Tom Tillis (R-NC) introduced the Improving Disclosure for Investors Act of 2024, to mirror the existing bipartisan House bill, HR 1807.
Industry veterans will offer their perspectives on the evolving interpretation and application of Rule 38a-1 under the Investment Company Act, from 2004 through the present, including the role of a fund’s chief compliance officer and board oversight considerations.
The US retirement system is the envy of the world, thanks largely to the success of defined contribution plans—such as 401(k)s—and individual retirement accounts (IRAs). Together with Social Security, employer plans and IRAs have helped build the middle class, giving millions of...
