Fund Governance Content

Fund Boards Follow Strong Governance Practices to Best Serve Shareholders Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, October 19, 2011 - Fund governance practices continue to evolve to the benefit of funds and their shareholders, and...

IDC and ICI Paper Examines Board Oversight of Risk Management Washington, DC, October 4, 2011 - Clear, ongoing communication between a fund’s board and adviser is key to effective oversight of risk management, according to a paper recently published by the Independent Directors...

ICI and IDC Applaud U.S. Court of Appeals Decision  to Vacate SEC Proxy Access Rule Court’s Decision Recognizes Mutual Funds’ Unique Structure Washington, DC, July 22, 2011 - The Investment Company Institute and the Independent Directors Council welcome the U.S. Court of Appeals for...

M April 28, 2011 Elizabeth M. Murphy Secretary U.S. Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-1090 Re: Listing Standards for Compensation Committees (File No. S7-13-11) Dear Ms. Murphy: The Investment Company Institute1 is pleased to comment on the...

April 12, 2011 Mr. David A. Stawick Secretary Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 Re: Commodity Pool Operators and Commodity Trading Advisors: Amendments to Compliance Obligations (RIN No. 3038–AD30) Dear Mr. Stawick...

December 24, 2010 Ms. Marcia E. Asquith Office of the Corporate Secretary FINRA 1735 K Street, NW Washington, DC 20006-1506 Re: Proposed FINRA Disclosure Document Dear Ms. Asquith: The Investment Company Institute1 appreciates the opportunity to comment on FINRA’s “Concept Proposal to...

ICI, IDC File Brief in Case Challenging SEC Proxy Access Rules “One-Size Fits All” Approach Fails to Recognize Unique Governance Structure and Regulation of Investment Companies Washington, DC, December 10, 2010 – The Investment Company Institute (ICI) and Independent Directors...

ICI and the Independent Directors Council (IDC) have filed a friends-of-the-court brief with the U.S. Court of Appeals for the District of Columbia Circuit. Our brief supports the Business Roundtable’s and the U.S. Chamber of Commerce’s lawsuit, which seeks to vacate the proxy access...

Following up on our November comment letter to the Securities Exchange Commission, ICI conducted and submitted our own cost-benefit analysis of the SEC’s proposal to replace Rule 12b-1. 

per16-01.pdf