About the Independent Directors Council 

The Independent Directors Council (IDC) supports investment company independent directors in fulfilling their responsibilities to represent the interests of fund shareholders. IDC promotes the highest standards of fund governance for the benefit and protection of fund shareholders. This is accomplished through IDC’s mission of advancing the education, communication, and policy positions of fund independent directors and promoting public understanding of their role. IDC keeps fund directors informed about issues that affect their ability to fulfill their responsibilities while adapting to the rapidly changing financial services landscape.

IDC’s educational programs and services include:

• Annual fund directors’ conference, the premier event for fund directors
• Webinars on topics of current interest to fund directors
• Publications on fund board oversight practices
• Board Update—a monthly newsletter for fund directors
• Directors’ chapter meetings—these informal meetings of fund directors are held in nine cities across the country.
• ICI Daily—this daily email of top fund-related news stories also includes IDC’s memoranda to directors about regulatory and industry developments.

IDC also engages on public policy matters to communicate the perspective of fund independent directors to policymakers, including the U.S. Congress and the Securities and Exchange Commission. IDC promotes public understanding of the role and responsibilities of fund directors through ongoing communications with the media, regulators, and legislators.

IDC’s activities are led by a Governing Council composed of fund independent directors. Its programs and activities are supported by dedicated IDC staff. IDC also has access to ICI’s resources and expertise, including its research and data.

IDC welcomes the participation and contributions of all fund independent directors.