News Release Content

ICI Appoints Susan Olson to Head International Affairs Group 10-Year SEC Veteran Will Represent Funds Before Foreign Regulators Washington, DC, March 16, 2007 - The Investment Company Institute today announced that Susan M. Olson has been appointed Senior Counsel—International Affairs...

ICI Welcomes Efforts to Improve 401(k) Disclosure Washington, DC, March 7, 2007 - Paul Schott Stevens, President and CEO of the Investment Company Institute, issued the following statement: “We congratulate Chairman Miller, Representative McKeon, and the House Education and Labor...

ICI Unveils Draft XBRL Taxonomy For Public Review Data Tagging Language Will Harness the Power of the Internet for Fund Disclosure Washington, DC, January 4, 2007 – The Investment Company Institute today moved interactive mutual fund disclosure a step closer to fruition with the...

Investment Company Institute Endorses NASD/NYSE Regulation Consolidation Proposal Would Streamline Oversight, Benefit Investors Washington, DC, December 15, 2006 - The Investment Company Institute today endorsed the proposed consolidation of the member regulatory functions of NASD and...

ICI Names Jim Hart Political Affairs Officer Veteran Hill Chief of Staff to Manage Institute’s Political Program Washington, DC, December 8, 2006 – The Investment Company Institute today announced that James R. Hart has been named Political Affairs Officer. He will report to the...

New Senior Counsels To Lead ICI Securities Regulation Practice Lancellotta Joins IDC as Managing Director Washington, DC, November 15, 2006 – The Investment Company Institute today announced it has appointed two Senior Counsels to lead its Securities Regulation practice. Robert C...

401(k) Is Now the U.S.’s Leading Private Retirement Plan At 25th Anniversary, 401(k)s Cover Twice As Many Workers as Traditional Pensions Washington, DC, November 6, 2006 – As the 401(k) plan turns 25, a new study by the Investment Company Institute finds that these defined...

Mutual Fund Ownership Returns to Near-Record Levels Annual ICI Study Shows That Fund Investors’ Internet Use Is Nearly Universal Washington, DC, November 1, 2006 – Nearly 55 million U.S. households now own mutual funds, according to ICI’s annual survey. That’s about half of all...

ICI Re-Elects Flanagan As Chairman, Names New Board Members Washington, DC, October 11, 2006 – The Investment Company Institute’s Board of Governors has re-elected Martin L. Flanagan, President and CEO of AMVESCAP PLC, to a second consecutive one-year term as Chairman of the Institute...

ICI Names Peter H. Gallary Chief Operating Officer Washington, D.C., October 6, 2006 – The Investment Company Institute today announced the hiring of Peter H. Gallary as Chief Operating Officer.  As a member of the senior management team, Gallary will lead the Institute’s finance...