Fund Governance Content

19_ltr_proxyanalysis.pdf

IDC’s Fund Directors Conference is always an important event for the fund director community, but this year’s gathering will take on special meaning. On October 21–23 in Chicago, we’ll mark 15 years of supporting fund directors’ work on behalf of fund shareholders—by taking stock of...

per25-05.pdf

June 11, 2019 Ms. Vanessa Countryman Acting Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Re: SEC Roundtable on the Proxy Process (File No. 4-725) Dear Ms. Countryman: The Investment Company Institute1 appreciates the Commission’s efforts in...

March 15, 2019 Ms. Vanessa Countryman Acting Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Re: SEC Roundtable on the Proxy Process (File No. 4-725) Dear Ms. Countryman: The Investment Company Institute1 supports the Commission’s interest in...

IDC is well known for its education and outreach programs—and it’s not hard to see why. Year after year, they provide fund directors with opportunities to hone their craft and connect with one another, equipping them with the tools they need to thrive in their oversight role for the...

Viewpoints https://www.ici.org/viewpoints/view_18_proxy_environment NOVEMBER 5, 2018 Funds and Proxy Voting: The Mix of Proposals Matters BY MORRIS MITLER, SEAN COLLINS, AND DOROTHY DONOHUE Proxy voting is in the news and on the minds of policymakers, corporate executives, and...

Policymakers and regulators at the US Securities and Exchange Commission (SEC) have renewed their interest in proxy voting issues recently. Among the items under discussion at an upcoming SEC Roundtable is the idea that a fund would only be allowed to vote on portfolio company proxies...

A key assertion in "Cracking the Proxy Racket" (The Wall Street Journal's Review & Outlook, September 18) is that asset managers vote "in block" to support recommendations set forth by advisory firms like Glass Lewis and Institutional Shareholder Services. Such statements ought to be...

July 9, 2018 Mr. Brent J. Fields Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Re: Auditor Independence with Respect to Certain Loans or Debtor-Creditor Relationships (File No. S7-10-18) Dear Mr. Fields: The Investment Company Institute1 and the...