Overview
An exchange-traded fund is a pooled investment vehicle with shares that can be bought or sold throughout the day on stock exchanges at market-determined prices. Investors may buy or sell ETF shares through a broker, just as they would the shares of any publicly traded company.
Committees & Working Groups
ICI Contacts
News & Publications
News & Publications
SEC Clears Path for ETF Share Class Trading
ICI President and CEO Eric Pan issued a statement after the Securities and Exchange Commission granted the relief necessary to allow broker-dealers and other market participants to trade ETF shares of multi-class funds.
Capital Formation Is Elemental To Economic Growth
Across the country, families are still feeling squeezed after the pandemic-era inflation. Prices remain high, mortgage rates are elevated, and many communities struggle to attract the investment they...
ICI Quarterly Update, January 2026
As the United States approaches its 250th anniversary, the milestone offers an opportunity to reflect on the institutions and ideas that have shaped the nation’s economic success. ICI is proud to be a...
Andrew Schlossberg elected Chair of ICI Board of Governors ICI is now on Instagram! ICI applauds SEC’s order on ETF share class ICI applauds President Trump’s executive order on proxy advisors ICI...
ICI Innovate Houston, TX February 3–5 Investment Management Conference Palm Desert, CA March 22–25 Leadership Summit Washington, DC April 29–May 1 ETF Conference Nashville, TN June 8–10
The INVEST Act Advances in Congress In December, the House passed the INVEST Act, a bipartisan measure to strengthen investment opportunities and support long-term capital formation. The bill advances...
Navigating ETF as a Share Class ICI’s push for ETF share class relief reflected a sustained, strategic effort that culminated in the SEC issuing an order on ETF share class applications. After...
The [approval to launch ETF share classes of existing mutual funds] will "deliver meaningful benefits to mutual fund shareholders," said Eric Pan, president and chairman of the Investment Company...
Funds Democratize Investing in the United States
Regulated funds have broadened participation in American capital markets, with ownership rising significantly among middle- and lower-income households over the past two decades, according to data...
