On Tuesday the State of Maine introduced a bill that would, among other things, change the securities escheatment trigger under the Maine Revised Unclaimed Property Act from returned mail to inactivity. Fidelity alerted us to this bill on Friday afternoon. The bill was fast-tracked...
Eric J. Pan President and CEO Investment Company Institute ICI Leadership Summit Washington D.C May 1, 2025 Thank you, Carol, for your remarks, and thank you for chairing this summit. But most of all, thank you for your decades of principled leadership at MFS. You are a champion of...
ICI submitted a statement to the ERISA Advisory Council on the topic "Qualified Default Investment Alternatives (QDIAs)—Start to Finish, Default to Payout," in connection with its October 22, 2024, meeting. The Council's focus is on the effectiveness of QDIAs in both the accumulation...
Eric J. Pan President and CEO Investment Company Institute 25 September 2024 This year marks a historic anniversary. It has now been 100 years since the creation of the first US mutual fund. That was a pivotal moment for individual retail investors and the American economy. But it was...
ICI President’s Address Eric J. Pan President and CEO Investment Company Institute ICI Tax and Accounting Conference Boca Raton, Florida September 24, 2024 Introduction: Good morning. It’s great to see so many of our members and partners represented here. I and the entire team at ICI...
ICI President's Address Eric J. Pan President and CEO Investment Company Institute ICI Investment Management Conference Palm Desert, California March 19, 2024 “ Another Century of Progress: How ICI Is Advocating for Investors and Against Over-Regulation” INTRODUCTION: A CENTURY OF...
ICI is pleased to provide this statement regarding the US Department of Labor’s (“Department”) fiduciary proposal, for the hearing “Protecting American Savers and Retirees from DOL’s Regulatory Overreach” in the Subcommittee on Health, Employment, Labor, and Pensions of the House...
ICI President ’s Address Eric J. Pan President and CEO Investment Company Institute ICI Innovate San Diego, California February 8, 2024 The Right Way To Regulate Technology: Three Guidelines for the SEC Good morning! It’s a pleasure to kick off the second day of ICI Innovate—and it’s...
ICI strongly supports efforts to promote retirement security for US workers. Our members play a significant role in helping retirement savers by making available the investment products through which pension plans, defined contribution plans and IRAs invest. As fiduciaries, our...
