ICI Viewpoints Content

The Independent Directors Council (IDC) has issued a new paper, Board Oversight of Exchange-Traded Funds in order to assist directors of exchange-traded funds (ETFs) in performing their oversight responsibilities. The demand for ETFs has grown markedly as investors—both institutional...

In Madrid this week, the board of the International Organization of Securities Commissions will choose their course of action on money market funds.

The Wall Street Journal editors’ Sisyphean labors on money market fund regulation apparently have rendered them incapable of understanding the plain facts of the case.

U.S. officials, their counterparts overseas, and representatives from the private sector continue to make impressive headway in implementing the Foreign Account Tax Compliance Act (FATCA).

The trend toward 401(k) plans has strengthened Americans’ prospects for secure retirement, as I discussed recently in a speech before the Commonwealth Club of California.

A recent column published by the Washington Post unfortunately repeats misperceptions and falsehoods about money market funds.

Shareholders of SEC-registered investment companies regularly receive detailed financial statements, a key part of the disclosure regime that produces transparency for fund investors.

Today, ICI President and CEO Paul Schott Stevens made the following comment in response to a letter from U.S. Treasury Secretary Timothy Geithner to the members of the Financial Stability Oversight Council about proposed money market fund regulations.

Over the summer, prime money market funds marginally increased their holdings of eurozone issuers: from 12.2 percent of assets in June (chart) to 14.0 percent of assets in August. This increase was driven primarily by a rise in holdings of French assets (up to 5.1 percent from 4.3...

We are disappointed to see Securities and Exchange Commission Chairman Mary L. Schapiro (“In the Money-Market for More Oversight,” Wall Street Journal, Sept. 20) recycling the same arguments already rejected by the majority of her Commission colleagues as a basis for imposing so...