ICI Proposes to “Greatly Enhance Disclosure of Transaction Cost Information to Mutual Fund Investors” “Multiple Improvements” to Disclosure Requirements Proposed in Response to SEC Washington, DC, February 23, 2004 - Investment Company Institute President Matthew Fink said today that...
February 23, 2004 Mr. Jonathan G. Katz Secretary Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549-0609 Re: Commission Request For Comments on Measures to Improve Disclosure of Mutual Fund Transaction Costs (File No. S7-29-03) Dear Mr. Katz: The Investment...
ICI Economist Reports that “Total Shareholder Cost” of Investing in Stock Mutual Funds Has Declined 45 Percent Since 1980 Report Tackles “Multiple Misconceptions” About Mutual Fund Fees; Finds Investor Preference for Lower Cost Funds Continuing Washington, D.C., February 18, 2004 -...
February 11, 2004 The Honorable Ted Stevens Chairman Committee on Appropriations S-128 Capitol United States Senate Washington, DC [Letter also sent to Senate Appropriations Committee Ranking Members, House Appropriations Committee Chairmen and Ranking Members, and Chairmen and...
ICI Says New SEC Mutual Fund Fee Disclosures Will Be a “Substantial Help to Millions of Investors” Washington, D.C., February 11, 2004 - Investment Company Institute President Matthew P. Fink expressed strong support for the SEC’s action today to improve the quality and usefulness of...
ICI President Commends SEC For Proposing To Eliminate Directed Brokerage Looks Forward to Commenting on Rule 12b-1 Washington, DC, February 11, 2004 - Investment Company Institute President Matthew P. Fink today said “the SEC’s directed brokerage proposal is a welcome development and...
ICI President Issues Statement on Additional Legislation Proposed by Members of the Senate Governmental Affairs Committee Fink says vague provisions in bill “would seriously jeopardize the interests of current and future mutual fund investors” Washington, D.C., February 9, 2004 - The...
February 6, 2004 The Hill 733 Fifteenth Street NW Suite 1140 Washington, DC 20005 To the Editor: In light of the level of concern about trading abuses involving mutual funds, factually accurate commentary about effective solutions would be welcomed by just about everyone. It is...
ICI Strongly Supports SEC Proposal to Prevent Late Trading of Mutual Funds Washington, D.C., February 5, 2004 - The Institute today expressed its strong support for the SEC’s proposal to protect mutual fund shareholders by preventing the late trading of fund shares, in a comment...
