ICI Viewpoints Blog

More than 1,000 attendees gathered for ICI’s 2026 ETF Conference, where industry leaders, regulators, and market participants discussed ETF growth, innovation, and the future of these increasingly popular products.

ICI President & CEO Eric J. Pan addresses ETF Conference attendees during his keynote remarks. More than 1,000 attendees gathered for ICI’s 2026 ETF Conference, where industry leaders, regulators, and...

Top SEC Voices Offer the Regulatory Perspective on ETF Growth ICI's General Counsel, Paul Cellupica, in conversation with the SEC’s Director of the Division of Investment Management, Brian Daly. The...

Fund boards are a cornerstone of regulated funds, established to protect investors from conflicts of interest and ensure strong governance. With independent directors representing shareholder interests, fund boards provide critical oversight, upholding transparency, fiduciary standards, and accountability across the industry.

A discussion group of independent directors at the 2025 IDC Fund Directors Conference Individual investors in America enjoy a broad and diverse range of investment choices. A myriad of financial...

Exchange-traded funds have transformed how millions of Americans invest, offering accessible, low-cost, and efficient options for building long-term financial security. Preserving key features of ETFs, including their tax treatment, is essential to expanding participation and supporting long-term investing.

ETFs Are Working for Investors Exchange-traded funds have transformed investing for millions of Americans. They have helped make diversified portfolios more accessible, more affordable, and more...

How In-Kind Redemptions Work Imagine an ETF owns shares of many different companies. When a large investor redeems shares the ETF can respond in two ways: Sell holdings for cash: The ETF sells some...

Exchange-traded funds have transformed investing for millions of Americans. If policymakers want more Americans to start investing early, stay invested, and build long-term financial security, they should preserve the features that make ETFs accessible, affordable, and efficient. That includes preserving ETF tax treatment.

ICI’s ETF Conference, returns to Nashville June 8–10. This year’s conference will bring together the full ETF ecosystem to examine what comes next: how products are built, how they trade, how they reach investors, and how the regulatory framework can continue to support innovation while protecting investors.

Exchange-traded funds have moved from the margins of the asset management industry to its center. What began as a tool for tracking broad market indexes is now one of the most dynamic parts of the...

Mutual funds and ETFs are essential to how millions of Americans build long-term financial security supporting retirement, education, and other life goals. Yet investors ultimately bear the costs of an outdated fund proxy system that no longer reflects modern ownership or communication practices.

For millions of Americans, mutual funds and ETFs are the foundation of long-term financial security. They help families save for retirement, education, homeownership, and other major goals. But behind...

Millions of Americans depend on 401(k) and other DC plans as their primary path to financial security, where investment choices play a critical role in outcomes. Because of this, the rules guiding how fiduciaries select plan investments are highly consequential. The DOL’s proposed rule would create a process-based, asset-neutral safe harbor to guide these investment decisions.

Millions of Americans rely on 401(k) plans and other workplace defined contribution (DC) retirement plans as their primary path to financial security. For these savers, the investment options...

ERISA’s Prohibited Transaction Exemption (PTE 77-4) limits a retirement plan’s investment options to open-ended registered funds.

Today’s 401(k) plans offer access to a far broader range of professionally managed investment funds than policymakers envisioned when many of the rules were first developed under the Employee...

The 2026 Leadership Summit and Fund Directors Workshop featured a policy-focused lineup of influential voices from Congress, the White House, the CFTC, and across the industry.

The 2026 Leadership Summit and Fund Directors Workshop featured a policy-focused lineup of influential voices from Congress, the White House, the CFTC, and across the industry. With Washington, DC, as...

President Trump’s National Economic Council Director, Kevin Hassett, spoke at ICI’s 2026 Leadership Summit on the administration’s commitment to expanding participation in capital markets and fostering Americans’ retirement security.

ICI President & CEO Eric J. Pan in a fireside chat with National Economic Council Director Kevin Hassett at the 2026 ICI Leadership Summit. President Trump’s National Economic Council Director, Kevin...

The conversation turned to Trump Accounts, the program creating tax-advantaged investment accounts for American children. Hassett described implementation as a top Administration priority and made the...

ICI’s 2026 Leadership Summit, convening April 29 through May 1 in Washington, DC, brings together CEOs, COOs, heads of distribution, chief product and marketing officers, senior strategists and communicators, legal and compliance leaders, and independent directors for three days of discussion on the challenges facing the asset management industry.