ICI Viewpoints
ICI Suggests Fixes for Proposal to Eliminate Ratings Requirement from Money Market Fund Rules
Unintended and undesirable consequences could result from a Securities and Exchange Commission...
Wall Street Journal Falls Short with Story on Funds’ Commodity Investments
Today’s Wall Street Journal included an article that attempted to analyze the debate over regulation...
CFTC Proposal Would Subject Funds to Duplicative, Conflicting Regulatory Requirements
Funds use swaps and other derivatives in a variety of ways to manage their investment portfolios...
Let’s Set the Record Straight on 401(k)
As states and localities struggle to control their budgets, more and more policymakers are...
Revisiting the Age-Old Active Versus Passive Debate
The New York Times recently published an article examining investor behavior in the context of an...
America’s Fiscal Challenge
Friends and colleagues sometimes ask me, “What keeps you awake at night?” In recent months, it’s the...
The Challenges of Dodd-Frank Implementation
Even though our industry was not a direct target of the Dodd-Frank Wall Street Reform and Consumer...
For the Fund Industry, “Sunlight Through the Clouds”
The U.S. financial system is emerging from the global crisis. Financial markets have regained their...
Who Gets Retirement Plans and Why
Most workers who are likely to have the ability to save and to be focused primarily on saving for...
Expense Ratios in 2010: Stock Funds Down, Bond Funds Flat
Mutual fund investors in 2010 paid lower average expense ratios in stock funds, but bond fund...
The Facts on Mutual Funds and Securities Lending
Recent stories in the press have addressed the issue of securities lending, particularly in the...
Closed-End Fund Assets Up 7 Percent in 2010
Total closed-end fund assets were $241 billion at year-end 2010, up 7 percent from year-end 2009...
Treasury Secretary Timothy F. Geithner to Provide Policy Perspective at ICI’s 2011 GMM
Since 1959, ICI’s General Membership Meeting has provided fund industry executives an exceptional...
ICI Will Scrutinize Proposal Removing Ratings Requirement from Money Market Fund Rules
On Wednesday, the Securities and Exchange Commission voted unanimously in favor of a proposal that...
40 Years Later, Money Market Funds Still Aren’t Banks
Paul A. Volcker is a distinguished leader who for decades has devoted his prodigious talents to the...
For the Sake of Retirement Savers, ERISA Rules Defining “Fiduciary” Need Clarity
Fiduciary status entails one of the highest obligations known to the law. Essentially, a fiduciary...
“Systemically Important” Designation is a Tool That Should Be Used Sparingly
This morning, I participated in a panel discussion addressing the business community’s concerns with...
Pursuing Sound Financial Regulation for International Markets
Whether at home or overseas, ICI works to ensure that regulators pursue the creation of consistent...
SEC Proposal on Municipal Advisor Registration Could Create Unnecessary Regulatory Burden
This week, we wrote a letter to the SEC to air our concern that its proposed registration regime for...
Wall Street Journal Story Inaccurately Portrays the Role of 401(k) Plans
The February 19 Wall Street Journal article, “Retiring Boomers Find 401(k) Plans Fall Short,” is...
ICI Report Provides Comprehensive Information on Fund Shareholders
Today, we publish Profile of Mutual Fund Shareholders, 2010. The report contains a wealth of...
Factors Behind Recent Growth in Retirement Assets
Last month, we published The U.S. Retirement Market: Third Quarter 2010. The report showed that U.S...
Check Your Savings Goals Next Week
“America Saves Week” kicks off this Sunday, February 20. ICI and the ICI Education Foundation(ICIEF)...
In Case You Missed it: ICI Members Speak Out on Money Market Funds
In recent weeks, two top newspapers have published commentary from ICI members who make a compelling...
ICI Expresses Concerns to CFTC on Whistleblower Programs
Back in December, we commented on the Securities and Exchange Commission’s proposed new...
ICI Urges Caution on DOL Fiduciary Duty Proposal
When is a person a fiduciary by virtue of providing investment advice to a retirement plan or its...
New ICI Research Shows Americans’ Commitment to Retirement Security
Following the start of the financial crisis, we began closely monitoring the behavior of investors...
New ICI Research Examines Money Market Funds’ Pricing
Today, we released new research, Pricing of U.S Money Market Funds. This paper starts by explaining...
ICI Urges Change in Cost Basis Rules to Avoid Harm to Fund Investors
A provision in the new cost basis rules could hurt fund investors. We recently contacted the...
ICI Letter Details Benefits of Having Diversified Funds Investing in the Futures and Swaps Markets
We’ve just filed a letter to the Commodity Futures Trading Commission (CFTC) on the use of position...