Washington, DC; May 28, 2025—Today, the Investment Company Institute (ICI) issued the following statement after the Department of Labor rescinded previous guidance from 2022 on holding cryptocurrency in 401(k) plans. “ICI applauds the Department of Labor for rescinding its guidance on...
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:...
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...
Washington, DC; May 14, 2025—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement on the reintroduction in the US House of Representatives of legislation to protect closed-end funds (CEFs) and their investors. The Increasing Investor...
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...
Washington, DC, May 1, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan kicked off the 2025 Leadership Summit in Washington, DC, today with remarks focused on the need to give retail investors more opportunities to invest in private markets. Pan cited the fast...
Washington, DC; April 28, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan issued the following statement in response to the Liberal Democratic Party’s Asset Management Diet Members Group (the Diet group)'s proposal on a “Policy Plan 2.0 for Promoting Japan...
Washington, DC, April 28, 2025—Today, the Investment Company Institute (ICI) released the Investment Company Fact Book . The Fact Book, a compendium of research and analysis conducted by the Institute over the previous year, has served as a comprehensive source of statistical...
Washington, DC, April 14, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins detailing ICI’s policy recommendations for the newly confirmed SEC chairman as he takes office. The...
Washington, DC; April 9, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement in response to the U.S. Senate confirming Paul Atkins as Chairman of the Securities and Exchange Commission (SEC): “ICI congratulates Paul Atkins on...