News Release Content

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...

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...

ICI Strongly Supports Bush Administration’s FY 2005 Plan to Bolster SEC Funding Washington, DC, February 3, 2004 - Matthew P. Fink, President of the Investment Company Institute issued the following statement today: “The Investment Company Institute strongly supports the Bush...

ICI Hails Bush Proposals for Savings and Retirement Accounts Washington, DC, February 3, 2004 - Matthew P. Fink, President of the Investment Company Institute, the national association of the mutual fund industry, which serves 91.2 million individual investors, issued the following...

ICI President Issues Statement Concerning Mutual Fund Fees Washington, DC, January 27, 2004 - Matthew P. Fink, president of the Investment Company Institute, said today that New York Attorney General Eliot Spitzer’s assertion that mutual funds charge more for portfolio advisory fees...

ICI Commends SEC for Proposing “Bold and Far-Reaching” Reforms ICI President Fink Says Action in These Areas Is “Essential to Renewed Investor Confidence in Mutual Funds” Washington, DC, January 14, 2004 - Investment Company Institute President Matthew P. Fink issued this statement...

ICI Reaffirms Its Study of Mutual Fund and Pension Plan Fees New York Attorney General Spitzer’s Comments Reinforce Key ICI Findings and Highlight Limitations of Flawed Freeman-Brown Article Washington, DC, January 8, 2004 - The Institute reported this week that the average fees...

Mutual Fund and Pension Fund Fee Levels Are Similar, ICI Research Study Finds ICI Says a Three-Year-Old Article, Cited Recently by the New York Attorney General, Is Flawed and Misleading Washington, DC, January 6, 2004 - A comprehensive economic study published today by the Investment...

ICI President Challenges Critics of ICI Soft Dollar Ban Washington, DC, December 16, 2003 - Investment Company Institute President Matthew Fink today responded to critics of the ICI’s action yesterday calling for curtailment of the use “soft dollars” for the purchase of investment...

Mutual Fund Leaders Take Hard Stand on Soft Dollars ICI Asks SEC to Dramatically Curtail Soft Dollars and Ban Directed Brokerage Washington, DC, December 15, 2003 - Following decisions by the Investment Company Institute’s Board of Governors, ICI Chairman Paul G. Haaga, Jr. announced...