News Release Content

Independent Directors Council Statement on Appointment of Eileen Rominger as New Head of SEC’s Division of Investment Management Washington, DC, January 18, 2011 - Independent Directors Council (IDC) Managing Director Amy Lancellotta made the following statement today about the...

ICI Statement on Appointment of Eileen Rominger as Director of the SEC’s Division of Investment Management Washington, DC, January 18, 2011 - Investment Company Institute President and CEO Paul Schott Stevens today made the following statement on the appointment of Eileen Rominger as...

Independent Directors Council Urges Regulators to Maintain Essential Characteristics of Money Market Funds Endorses Private Liquidity Facility; Opposes Floating NAV Option in PWG Report Washington, DC, January 11, 2011 - The Independent Directors Council (IDC) strongly encouraged...

ICI Details Plans for a Private Liquidity Facility To Further Strengthen Prime Money Market Funds In Comments on PWG Report Options, Institute Proposes More Investor Transparency, Continues to Oppose Floating NAV as Harmful to Investors, Economy Washington, DC, January 11, 2011 - A...

Independent Directors Council Urges Regulators to Maintain Essential Characteristics of Money Market Funds Endorses Private Liquidity Facility; Opposes Floating NAV Option in PWG Report Washington, DC, January 11, 2011 - The Independent Directors Council (IDC) strongly encouraged...

ICI Applauds Enactment of Bill To Update Mutual Fund Tax Laws Legislation Will Make Funds More Efficient, Reduce Need for Amended Tax Returns Washington, DC, December 23, 2010 - Investment Company Institute president and CEO Paul Schott Stevens made the following statement upon the...

ICI: Enactment of Tax Bill Extending Current Tax Rates on Investments Comes at Critical Time and Brings Certainty Washington, DC, December 17, 2010 - ICI President and CEO Paul Schott Stevens today issued the following statement on enactment of a tax bill that will maintain and extend...

ICI Applauds Congressional Passage of Tax Bill Creating Certainty and Lower Tax Rates on Investments Enactment in 2010 Will Benefit Investors, Economy Washington, DC, December 17, 2010 - ICI President and CEO Paul Schott Stevens issued the following statement on U.S. House of...

ICI Research: Rollovers Into Traditional IRAs Are Widely Distributed Across All Age Groups Washington, DC, December 16, 2010 - Rollovers into traditional IRAs are widely distributed across all age groups, according to research by the Investment Company Institute released today. This...

ICI Supports U.S. House Vote on Bill to Update Mutual Fund Tax Laws Next Step: Legislation Goes to White House for Consideration Washington, DC, December 16, 2010 - Investment Company Institute president and CEO Paul Schott Stevens made the following statement about recent U.S. House...