News Release Content

August 28, 2024—ICI President and CEO Eric Pan released a statement regarding the Securities and Exchange Commission’s vote to adopt changes to Form N-PORT reporting requirements and liquidity risk management program guidance.

August 21, 2024—The undeniable strength of the 401(k) system is seen in the report, "The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans, 2021," released today by ISS Market Intelligence (MI) and the Investment Company Institute (ICI). Analyzing...

August 1, 2024—ICI President and CEO Eric J. Pan released a statement after Senators Katie Britt (R-AL), Raphael Warnock (D-GA), Gary Peters (D-MI), and Bill Cassidy (R-LA) introduced the Retirement Fairness for Charities and Educational Institutions Act. The bill mirrors the House...

July 30, 2024—ICI released a statement regarding the Federal Deposit Insurance Corporation proposed rule to amend the Change in Bank Control Act.

July 16, 2024—The latest research from the Investment Company Institute (ICI), “The Economics of Providing 401(k) Plans: Services, Fees, and Expenses, 2023,” shows that 401(k) plan participants have incurred substantially lower fees for holding mutual funds over the past two decades...

July 8, 2024—ICI released a statement regarding the Securities and Exchange Commission Division of Investment Management's announcement that they intend to recommend re-proposing the open-end fund liquidity and mutual fund swing pricing rule proposal.

July 1, 2024—ICI President and CEO Eric J. Pan released a statement on the Japanese government’s Basic Policy on Economic and Fiscal Management Reform 2024.

June 15, 2024—ICI President and CEO Eric J. Pan released a statement on the passing of the 27th Chairman of the Securities and Exchange Commission (SEC), William Donaldson.

June 5, 2024—ICI President and CEO Eric J. Pan released a statement on the decision of the US 5th Circuit Court of Appeals to overturn the US Securities and Exchange Commission’s (SEC) private fund adviser rule.

May 31, 2024—ICI, the Securities Industry and Financial Markets Association, and DTCC issued a statement on the move to T+1.