News Release Content

ICI Statement on Dalia Blass’s Departure from SEC Washington, DC; January 29, 2021—Investment Company Institute President and CEO Eric J. Pan issued the following statement after Dalia Blass announced her departure as director of the Division of Investment Management of the US...

ICI Congratulates Janet Yellen on Confirmation as Treasury Secretary Washington, DC; January 25, 2021—Investment Company Institute (ICI) President and CEO Eric J. Pan issued the following statement after the US Senate voted to confirm Janet Yellen as secretary of the US Department of...

Four-Fifths of Large ERISA 403(b) Plans Had Employer Contributions New BrightScope/ICI research also shows 403(b) plans offer employees a wide variety of investment options Washington, DC; January 21, 2021—Four-fifths of large 403(b) plans subject to the Employee Retirement Income...

ICI Welcomes Allison Herren Lee as Acting SEC Chair Washington, DC; January 21, 2021—Investment Company Institute (ICI) President and CEO Eric J. Pan issued the following statement after Commissioner Allison Herren Lee was designated acting chair of the US Securities and Exchange...

ICI Congratulates President Joe Biden, Vice President Kamala Harris Washington, DC; January 20, 2021—Investment Company Institute President and CEO Eric J. Pan issued the following statement after Joe Biden and Kamala Harris were sworn in as president and vice president of the United...

More than one-third of US households—37 percent, or 48 million households—owned individual retirement accounts (IRAs) in mid-2020, according to “The Role of IRAs in US Households’ Saving for Retirement, 2020,” an Investment Company Institute (ICI) study released today.

Statement on the Passing of Former ICI Governor Charles A. Fiumefreddo The Investment Company Institute notes with deep sadness the death of Charles A. Fiumefreddo, retired chairman and CEO of the Morgan Stanley Dean Witter Advisors Group of Funds, on December 29. A strong advocate...

ICI Condemns Violence in Capital Washington, DC; January 6, 2021—Investment Company Institute President and CEO Eric J. Pan issued the following statement on the violent occupation of the US Capitol today: “We condemn these acts of violence in our nation’s capital. Our elected leaders...

Statement on SEC Chairman Clayton’s Departure Washington, DC; December 24, 2020—Investment Company Institute President and CEO Eric J. Pan and President Emeritus Paul Schott Stevens issued the following statement after Jay Clayton announced yesterday his departure as chairman of the...

A modern fund disclosure system should provide investors with digestible, layered information, delivered according to their preferences