News Release Content

ICI Welcomes Treasury's Money Market Fund Guarantee Washington, DC, September 29, 2008 - Investment Company Institute President and Chief Executive Officer Paul Schott Stevens issued the following statement: "We welcome the Treasury Department's announcement this morning about the...

ICI, SIFMA Launch IRA Research Project New Data Will Improve Understanding of Largest Retirement-Asset Pool Contacts: Travis Larson, SIMFA, 202/962-7357 Mike McNamee, ICI, 202/326-5864 Rachel McTague, ICI, 202/371-5420 Washington, DC, September 25, 2008 - The Investment Company...

ICI Urges Quick Congressional Action On Financial Stabilization Washington, DC, September 25, 2008 - ICI President and CEO Paul Schott Stevens issued the following statement: “We strongly support the efforts of the Administration and the bipartisan Congressional leadership to act...

ICI Statement On Treasury, Fed Market Measures Washington, DC, September 19, 2008 - ICI President and CEO Paul Schott Stevens issued the following statement in response to measures announced today by U.S. Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S...

ICI Statement on Money Market Mutual Funds Washington, DC, September 16, 2008 - Investment Company Institute President and Chief Executive Officer Paul Schott Stevens today issued the following statement: "Today, Reserve Management Corporation announced that one of its money market...

ICI: Allow U.S.  Access to Markets Washington, DC, September 8, 2008 - In a global economy, allowing foreign broker-dealers greater access to U.S. markets is a sound move, and could result in some cost efficiencies for U.S. companies. In a comment letter to the SEC, ICI expressed...

DOL’s 401(k) Rule Would Give Workers Key Information ICI Supports Consistent, Comprehensive Data for All Investment Options Washington, DC, September 9, 2008 - The Department of Labor’s proposed rules for 401(k) plan disclosure will significantly improve the quality of the information...

Keep Credit Ratings in Money Market Fund Rule, ICI Says SEC Proposal to Eliminate NRSRO Ratings From Rule Would Harm Investors Washington, DC, September 8, 2008 - Credit ratings are a vital part of the investor protections that have made money market mutual funds so successful, and...

ICI Welcomes New SEC Commissioner Troy Paredes Washington, DC, August 1, 2008 - Investment Company Institute President and Chief Executive Officer Paul Schott Stevens today issued the following statement after Troy Paredes was sworn in as a Commissioner of the Securities and Exchange...

ICI Welcomes New SEC Commissioner Luis A. Aguilar Washington, DC, July 31, 2008 - Investment Company Institute President and Chief Executive Officer Paul Schott Stevens today issued the following statement after Luis A. Aguilar was sworn in as a Commissioner of the Securities and...