OUR MISSION
Encouraging adherence to high ethical standards by all industry participants; advancing the interests of funds, their shareholders, directors, and investment advisers; and promoting public understanding of mutual funds and other investment companies.
ICI Welcomes Administration’s Reform Proposals
June 17, 2009
ICI President and CEO Paul Schott Stevens welcomed the Obama Administration’s “wide-ranging framework” for financial services regulatory reform.
Joint DOL-SEC Hearing on Target Date Funds
June 18, 2009
Retirement savers would get a clearer picture of how target date funds operate under a set of principles announced today by ICI’s Target Date Fund Disclosure Working Group.
ICI Welcomes SEC’s Money Market Reforms
June 24, 2009
The SEC’s proposed reforms can improve standards for credit quality and liquidity for money market funds. “We believe the Commission is on the right track,” said ICI’s Paul Schott Stevens.
More Work Needed for Useful 401(k) Reform
June 24, 2009
The fund industry supports improved disclosure for 401(k) plans, but a bill approved by a House committee “fails to define clearly the vital disclosures investors need.”
