Letters to the Editor & Responses Content

Wall Street Journal v. The Facts on Money Market Funds ICI President and CEO Paul Schott Stevens sent the following Letter to the Editor to the Wall Street Journal on February 3, 2010. Your editorial, “ The SEC v. Investors” (Feb. 3), got it wrong. Wrong on the facts, wrong on the...

ICI’s Response to July 7 401(k) Commentary on Huffingtonpost.com I’m writing from the Investment Company Institute, the national association for mutual funds. More than 40 percent of the assets in 401(k) plans and individual retirement accounts are in mutual funds, so we take a strong...

ICI’s Response to May 13 Entry on BrightScope Blog We appreciate the opportunity to respond in detail to the recent blog entry on BrightScope about ICI’s research on 401(k) fees. The BrightScope blog critiques the sampling used in the Defined Contribution/401(k) Fee Study published by...

ICI Challenges Tax Treatment of ETNs by Paul Schott Stevens (as published in Investment News, January 21, 2008) Contrary to Jeff Benjamin's assertions, mutual funds and other investment companies welcome competition based on investment prowess, shareholder service, and fees and...

Keep Stable Value Funds Out of Auto Enroll By Paul Schott Stevens (as published in Forbes, July 2, 2007) Last August, President Bush signed into law the Pension Protection Act of 2006. One of its central provisions, designed by the Labor Department, was to make it easier for employers...

Looking Back on 25 Years of Retirement Savings By Paul Schott Stevens (as published in Investment News, November 20, 2006) “Will we be fair to future generations?” That is the question posed recently by Federal Reserve Chairman Ben Bernanke in a speech to the Washington Economic Club...

DRAFT May 26, 2004 Ms. Gretchen Morgenson The New York Times 229 West 43rd Street New York, New York 10036 Dear Ms. Morgenson: I write to you as the Chairman of the Independent Directors Council. There were a number of inaccuracies in your May 23rd column, “A Great Fund (For Them, Not...

April 22, 2004 USA Today Letter to the Editor 7950 Jones Branch Drive McLean, VA 22108 VIA E-MAIL: editor@usatoday.com Editor: The “Our Turn / Your Turn” debate on mutual funds on April 21 presented polar views on mutual fund reform. Contrary to both extremes, mutual fund reform is...

American Banker Editorial Department One State Street Plaza 26th Floor New York, NY 10004 To the Editor: Matt Ackerman’s April 13th story “ICI, Others Criticized Over Response to Scandals” includes comments suggesting that the Investment Company Institute has “opposed every pro...

Letter to the Editor as it appeared in The Wall Street Journal on March 26, 2004 Independent, Diligent and Committed In light of the concern about trading abuses involving mutual funds, we were disappointed with your March 17 article “Waking the Watchdog: As Scandals Mount, Boards of...