News Release Content

ICI Applauds Senate Confirmation of SEC Chairman Schapiro Washington, DC, January 23, 2009 - Investment Company Institute President and CEO Paul Schott Stevens issued the following statement after the U.S. Senate confirmed Mary Schapiro to lead the Securities and Exchange Commission:...

MoneyVoices: ICI’s Stevens Lists Needed Reforms by Paul Schott Stevens (as published in the Money Voices column in Ignites on January 16, 2009) With long experience as a regulator, President-elect Obama’s pick for Securities and Exchange Commission chair, Mary Schapiro, understands...

National Fund Associations Call for a Sensible Short Selling Regulatory Regime Contacts: Ianthe Zabel, Senior Director, Media Relations, ICI. Ph: +1 202 326 5891 Mona Patel, Head of Communications, IMA. Ph: +44 7834 089 332 Simon Disney, Senior Manager Media & Communications, IFSA. Ph...

ICI Study Finds Slight Increase in U.S. Household Ownership of Mutual Funds, Continuing Trend in 2008 Washington, DC, December 31, 2008 - U.S. household ownership of mutual funds and other U.S.-registered investment companies increased slightly in 2008 to 45.6 percent, representing...

  Retirement Assets Total $16.9 Trillion in Second Quarter Washington, DC, December 23, 2008 - American savers held $16.9 trillion in retirement assets at the end of the second quarter of 2008, accounting for nearly 36 percent of all household financial assets in the United States...

Most 401(k) Savers Are Staying the Course: ICI Study Stevens Outlines Realistic Reform Agenda for Retirement System Washington, DC, December 19, 2008 - Most of the millions of American workers who invest for retirement through a 401(k) plan are staying the course through tumultuous...

ICI to Work Towards Implementing Fund XBRL Rules SEC Mandate Seeks to Leverage Internet for Investors Assessing Key Fund Data Washington, DC, December 18, 2008 - The Investment Company Institute said today that it is committed to working with its member firms to implement new rules...

EBRI/ICI Study: 7 Percent of 401(k) Assets in Lifecycle Funds Analysis Provides Data on Lifecycle Fund Utilization Washington, DC, December 18, 2008 - More than 7 percent of 401(k) assets at year-end 2007 were invested in lifecycle funds and one-quarter of 401(k) participants held...

ICI Statement on Obama Announcement for SEC Chairman Washington, DC, December 18, 2008 - ICI President and CEO Paul Schott Stevens issued the following statement in response to President-elect Obama’s announcement that he will nominate Mary Schapiro to lead the Securities and Exchange...

Nearly Half of U.S. Households Owns Equities, Bonds Joint ICI/SIFMA Survey Finds Ownership Driven by Growth of DC Savings Plans Washington, DC, December 15, 2008 - Nearly half of U.S. households owns equities or bonds, a significant increase during the last two decades. But ownership...