News Release Content

Independent Directors Council Re-elects Chair Jonathan F. Zeschin; Dawn Vroegop Named Vice Chair Three New Members Join IDC’s Governing Council Washington, DC, October 4, 2017—The Governing Council of the Independent Directors Council (IDC) has re-elected Jonathan F. Zeschin as IDC’s...

William F. “Ted” Truscott Re-elected ICI Chairman New Governors Elected to Board of Investment Company Institute Washington, DC, October 4, 2017—The Board of Governors of the Investment Company Institute (ICI) has elected ICI Chairman William F. “Ted” Truscott, CEO of Columbia...

In Wake of FSOC Decision on AIG, ICI Calls for Reform of the SIFI Designation Process The Council Should Enhance Transparency and Accountability Washington, DC, September 29, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement...

Washington, DC, 20 September 2017— ICI President and CEO Paul Schott Stevens issued the following statement in response to the European Commission’s adoption of a proposal and communication following its review of the European Supervisory Authorities (ESAs): “As a global association...

ICI’s Sean Collins Promoted to Chief Economist in 2018 Will assume leadership of ICI’s Research Department following Brian Reid’s retirement later this year Washington, DC, September 12, 2017—The Investment Company Institute (ICI) announced today that Sean Collins will be promoted to...

ICI Hires Kelly S. Hitchcock as Director, Financial Services Policy Washington, DC, September 11, 2017—The Investment Company Institute (ICI) has named Kelly S. Hitchcock as director, financial services policy. She will report to Chief Government Affairs Officers and Co-heads Donald C...

401(k) Plans Give Millions of Workers a Valuable Way to Save for Retirement On National 401(k) Day, ICI Reminds Workers to Get the Most from Plans Washington, DC, September 7, 2017—The Investment Company Institute (ICI) is celebrating National 401(k) Day—Friday, September 8—by...

ICI Statement on Appointment of Dalia Blass as Director of the SEC’s Division of Investment Management Washington, DC, August 31, 2017— Investment Company Institute President Paul Schott Stevens issued the following statement today on the appointment of Dalia Blass as the next...

ICI Defined Contribution Plan Recordkeeper Data Show Continued Commitment to Retirement Saving Washington, DC, August 31, 2017—Americans continued to save for retirement through defined contribution (DC) plans early this year, according to ICI’s “Defined Contribution Plan Participants...

ICI: Investors Will Win If SEC Swiftly Adopts—and DOL Recognizes—Best-Interest Standard for Brokers In Letters to Regulators, ICI Urges Consistent Best-Interest Standard for Brokers Serving Both Retirement and Non-Retirement Accounts Washington, DC, August 8, 2017—The Securities and...