September 10, 2003 Craig A. Moon President and Publisher USA TODAY 7950 Jones Branch Drive McLean, Virginia 22108 Dear Mr. Moon: I was extremely disappointed to discover that USA TODAY staff added words to our response in the “Today’s Debate” column on page 11A (“Investors Are Our...
Plan Meets People's Needs by Matthew P. Fink The Bush administration's landmark proposals bring common sense to the complications facing Americans trying to save for their futures. Over the past 25 years, the federal government has taken several important steps to encourage long-term...
No Disclosure: The Feeling Is Mutual by John J. Brennan and Edward C. Johnson 3rd The Securities and Exchange Commission is considering a proposal to require mutual funds to disclose how they vote the proxies of the corporations whose stock they hold. While it seems a well-intended...
Maintaining the Industry’s Reputation and Our Investors’ Confidence in Difficult Times by Paul G. Haaga, Jr. Mr. Haaga was elected Chairman of the Institute in October 2002. The mutual fund industry’s reputation is its most important asset. Strict regulation and the industry’s...
Changes Have Come, Quietly Reforms that work best benefit mutual fund shareholders. by Matthew P. Fink President, Investment Company Institute Since mutual funds rarely seek the spotlight when advancing reforms, observers might be unaware of the industry’s longstanding efforts to...
Closing the Investor "Knowledge Gap" by Julie Domenick Executive Vice President, Investment Company Institute Successful investors are informed investors. While technology has made it easier for individuals to gather information about their investments, experts remind investors that...
Shareholders Need Useful Information by Matthew P. Fink President, Investment Company Institute "Disclosure creep" is back. Two years ago, Securities and Exchange Commission regulators enacted the most sweeping reforms ever of the disclosure rules governing mutual fund prospectuses...
It’s a Matter of Fairness by Matthew P. Fink President, Investment Company Institute Americans today are living longer, but they’re not saving enough to ensure a secure retirement. Personal savings are a core component of a financially secure retirement policy. In order to ensure that...
Understanding Today’s Mutual Funds by Matthew P. Fink President, Investment Company Institute Last year, a record number of mutual fund investors achieved unusually strong returns on their investments. In fact, many fund investors have enjoyed strong investment gains for years. It is...
In Search of Retirement Security by Matthew P. Fink President, Investment Company Institute It may not be mentioned in the Declaration of Independence or the Bill of Rights, but the ability of working Americans to look forward to a dignified retirement has become a bedrock principle...