Letter to the Wall Street Journal on “Worrisome Savings Killer” in Budget Proposal (As published in the Wall Street Journal on April 21, 2013) Your editorial "Now He's After Your 401(k)" (April 12) correctly criticizes the impact of President Obama's proposed limit on the amount that...
Over the past three years, the Journal has published six editorials on money-market funds. By the time we saw the latest ("The SEC's Big Chance," Review & Outlook, Feb. 21), we were shaking our heads in disbelief. As Ronald Reagan once said, “There you go again.”
Letter to the Editor: Fund Investors Pay Less in Fees (As published in the Financial Times on February 15, 2013) Sir, Tom Stabile bizarrely casts the US mutual fund industry as a financial villain in a misleading commentary that goes heavy on insults and light on evidence (“ Hidden...
On Retirement Policy, Don't Mess with Success By Paul Schott Stevens (as published in Investment News on January 27, 2013) America's fiscal challenges have led some to contemplate an alarming course reversal on the policies that help ensure retirement security for working Americans...
Don't Enact Financial Transaction Taxes By Paul Schott Stevens (as published in The Hill , December 20, 2012) It’s an idea that some policymakers might find tempting: raising billions for U.S. government coffers by taxing financial transactions such as stock, bond, and derivatives...
Letter to the Wall Street Journal on Ill-Advised 'Reform' of Money Market Funds Will Harm Savers (As published in the Wall Street Journal on November 28, 2012) The Journal continues its efforts to tar money-market funds with the stigma of "bailout" and to impose a solution that will...
Money Market Funds' U.S. Guarantee Was Limited and Temporary (As published in American Banker on October 19, 2012) " Bair Floats Compromise to Extend TAG" (Oct. 10) reflects a critical misunderstanding of the Treasury Department's Temporary Money Market Fund Guarantee Program...
The Future of Retirement Is Better 401(k) Plans By Paul Schott Stevens (as published in San Francisco Chronicle on September 24, 2012) During the past 30 years, 401(k)s and other defined contribution plans have emerged as the primary tool for retirement saving for millions of...
Is Your Fund’s Board Watching Out for You? IDC managing director Amy Lancellotta comments on an article in the Washington Post published June 9, 2012: This article's headline poses the question, “ Is Your Fund’s Board Watching Out for You?” The answer to that question is a resounding...
Washington Post Mischaracterizes the Strongest Federal Securities Law ICI President and CEO Paul Schott Stevens comments on an article in the Washington Post article published April 19, 2012: Without a doubt, our federal securities laws and the regulations that implement them may be...
