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ICI Quarterly Update, July 2025

This quarter marked significant progress in advancing policies that protect investors and strengthen America’s retirement system. With the passage of the recent tax reform bill, lawmakers delivered a major win for fund shareholders and savers nationwide. The new law safeguards the...

ICI Daily News: SCOTUS to Hear Case That Could Curb Activist Lawsuits Lessons from ICI’s 2025 Leadership Summit ICI Applauds Introduction of House Bill to Reform FSOC IRA Investors in Mutual Funds Concentrate Their Assets in Lower-Cost Mutual Funds ICI Announces Tom Quaadman Will Lead...

ETF Conference September 8–10 ICI’s first-ever conference focused exclusively on ETFs will bring together ETF sponsors, regulators, and other market participants in a vibrant environment of learning, discussion, and collaboration. Tax and Accounting Conference October 5–8 Join us to...

The SEC’s Director of the Division of Investment Management Brian Daly in conversation with ICI’s General Counsel Paul Cellupica. This week, ICI hosted the Securities and Exchange Commission’s (SEC) new Director of the Division of Investment Management, Brian Daly, for a discussion...

ICI has launched several new committees and working groups over the past few months, many of which are actively seeking new members: The Financial Innovation Advisory Committee (FIAC) brings together a unique cross-section of our membership to grapple with the regulatory and...

ICI President and CEO Eric J. Pan appeared on CNBC’s ETF Edge in July to discuss developments in the current regulatory landscape: “We want to be pro-innovation. We like the idea that through competition, firms, our members, can come up with new products, try them out, see if there's...

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What We Learned at the 2024 Investment Management Conference

March 25, 2024—Set against the backdrop of continued regulatory and legislative uncertainty, the 2024 Investment Management Conference (IMC) offered compliance professionals and other industry leaders the insights they need to navigate the ever-changing set of rules that govern asset...
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ICI President’s Address, 2024 ICI Innovate

Any discussion of tech and finance should start with the most exciting innovation of our time. I’m talking, of course, about artificial intelligence. While most people are focused on AI’s ability to generate text and images, it has great potential to transform how people invest.
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The Ghosts You Chase but Never Catch

December 4, 2023—Halloween season is well past, but some banking authorities seem happy to continue chasing the perceived “ghoul” of bond fund stress amplification. In trying to make the case that bond funds amplify market shocks, systemic risk regulators have for years twisted and...
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ICI Statement on DOL Proposed Fiduciary Rule

October 31, 2023—ICI President and CEO Eric Pan released the following statement regarding the Department of Labor's (DOL) proposed rule updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act (ERISA)...