News Release Content

Independent Directors Council Will Offer Unique Orientation Program for Newer Fund Directors Washington, DC, May 15, 2017—The Independent Directors Council (IDC) is offering a unique orientation program, Foundations for Fund Directors, for newer fund directors to learn the...

ICI’s Paul Schott Stevens Outlines Regulatory Environment for Asset Managers at Industry’s General Membership Meeting Washington, DC, May 5, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens today provided an overview of the changing regulatory environment...

ICI Applauds House Financial Services Committee Passage of the Financial CHOICE Act Applauds Provisions to Remove Potential for Bank-Like Regulation of Funds Washington, DC, May 4, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following...

ICI Applauds Senate Vote to Restore Consumer Protections for Retirement Savers Washington, DC, May 3, 2017 —Investment Company Institute (ICI) President and CEO Paul Schott Stevens made the following statement applauding the US Senate passage of H.J. Res. 66, which will roll back a...

ICI Welcomes Senate Confirmation of SEC Chairman Clayton Washington, DC, May 2, 2017— ICI President and CEO Paul Schott Stevens issued the following statement after the US Senate confirmed Walter J. “Jay” Clayton to join the Securities and Exchange Commission (SEC) as its chairman:...

ICI Analysis Shows Americans Maintain or Increase Spendable Income After Claiming Social Security Nearly 90 Percent Hold or Have Income from Employer Retirement Plans, Annuities, or IRAs Washington, DC, April 19, 2017–Most American workers maintain or increase their spendable income...

ICI: DOL Must Rescind or Revise Fiduciary Rule to Protect Retirement Savers Immediate Further Delay of Rule Implementation Is Needed to Avert Serious Market Disruption, Harm to Retirement Savers Washington, DC, April 18, 2017—The Department of Labor (DOL)—in carrying out its...

ICI Welcomes Delay of Fiduciary Rule, Urges Additional Delay to Avoid Market Disruption and Harm to Investors Washington, DC, April 4, 2017— Today, the Department of Labor (DOL) adopted a rule delaying the applicability date of the agency’s fiduciary rule by 60 days. At the same time...

ICI Education Foundation Advocates for Investor Education During Financial Literacy Month Capitol Hill Financial Literacy Day to Feature ICIEF Educational Display Washington, DC, April 3, 2017—The Investment Company Institute Education Foundation (ICIEF) is showcasing ways to develop...

ICI Applauds Senate Vote to Restore Consumer Protections for Proposed Municipal-Run Retirement Plans Washington, DC, March 30, 2017— Investment Company Institute (ICI) President and CEO Paul Schott Stevens made the following statement applauding the US Senate passage of H.J.Res. 67...