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ICI Announces Tom Quaadman Will Lead Government Affairs

Leading trade group representing fund industry welcomes U.S. Chamber of Commerce Senior Vice President as Chief of Government Affairs and Public Policy Washington, DC; June 16, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan announced today that Thomas “Tom”...

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ICI Applauds Introduction of House Bill to Reform FSOC

Washington, DC, June 3, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Financial Stability Oversight Council Improvement Act was introduced by Representatives Bill Foster (D-IL) and Bill Huizenga (R-MI). The...

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ICI Statement on Section 899

Washington, DC; May 30, 2025—Today, the Investment Company Institute (ICI) issued the following statement on Section 899, a provision of the House-passed reconciliation bill, the One Big Beautiful Bill Act: "It is entirely understandable and correct for Congress to write laws that...

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ICI Statement on FTC and DOJ Filing in Texas Case

Washington, DC; May 22, 2025—Today, the Investment Company Institute (ICI) released the following statement regarding the recent Federal Trade Commission (FTC) and Department of Justice (DOJ) filing in the case brought by Texas and other states against US asset management companies:...

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ICI Applauds Introduction of the GROWTH Act in the Senate

Washington, DC; May 21, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Generating Retirement Ownership Through Long-Term Holding Act (GROWTH Act) was introduced in the U.S. Senate by Sen. John Cornyn (R-TX). “The...

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ICI Welcomes New Money Accounts for Growth & Advancement

Washington, DC; May 14, 2025—Today, the Investment Company Institute (ICI) issued the following statement after the House Ways and Means Committee approved a tax package including new “money accounts for growth and advancement.” These tax-advantaged accounts for children would be...