News Release Content

October 13, 2023—ICI General Counsel Susan Olson released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to adopt new rules regarding reporting of securities loans and short sale disclosure.

October 12, 2023—ICI Deputy General Counsel for Markets, SMAs & CITs Sarah Bessin released the following statement regarding the Commodity Futures Trading Commission’s (CFTC) proposed amendments to its margin requirements for uncleared swaps, which would address the treatment of...

October 11, 2023—ICI President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) proposed predictive data analytics and conflicts of interest rule that would send investing back to the Stone Age.

October 10, 2023—A new report from the Independent Directors Council (IDC) and Investment Company Institute (ICI) illustrates the strong independence of fund boards and their focus on serving shareholder interests. The Overview of Fund Governance Practices, 1994-2022 additionally...

October 5, 2023—The Independent Directors Council (IDC) announced today that it has re-elected Cynthia R. Plouché as Chair and elected William R. Ebsworth as Vice-Chair of its Governing Council for the 2023–2024 fiscal year.

October 5, 2023—The Board of Governors of the Investment Company Institute (ICI) announced today that George H. Walker, Chairman and CEO of Neuberger Berman, has been elected to serve as the next Chair of the ICI Board of Governors.

September 28, 2023—Employers play a significant role in designing diverse investment lineups in 401(k) plans, according to an updated study from BrightScope, an ISS Market Intelligence business, and the Investment Company Institute (ICI). The study, The BrightScope/ICI Defined...

September 26, 2023—ICI, the leading global association representing regulated investment funds, has named Lori Kearns as a Director in the Government Affairs Department. Kearns will handle retirement security and tax policy issues, helping lead outreach to Democrats on Capitol Hill...

September 20, 2023–ICI President and CEO Eric Pan released the following statement regarding the Securities and Exchange Commission’s (SEC) vote to adopt reforms to the Fund Names rule.

September 14, 2023—ICI President and CEO Eric J. Pan issued the following statement regarding Securities and Exchange Commission (SEC) Chair Gary Gensler’s testimony to the US Senate Banking Committee this week, in which Gensler repeated his unsupported assertion that mutual funds...