ICI President and CEO Eric J. Pan released a statement regarding the Department of Labor’s amicus briefs in Pizarro v. The Home Depot and Johnson v. Parker-Hannifin Corporation, two significant cases pending before the US Supreme Court that address Employee Retirement Income Security Act (ERISA) disputes.
President Trump recently issued an executive order (EO) directing the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans governed by ERISA. The EO also instructs the SEC to explore ways to expand access to...
President Trump recently issued an executive order (EO) directing the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans governed by ERISA. The EO also instructs the SEC to explore ways to expand access to...
August 14, 2025
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President Trump recently issued an executive order (EO) directing the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans governed by ERISA. The EO also instructs the SEC to explore ways to expand access to...
August 14, 2025
Supplemental Info
All data and visuals for this document are available for download.
President Trump recently issued an executive order (EO) directing the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans governed by ERISA. The EO also instructs the SEC to explore ways to expand access to...
Washington, DC, February 12, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after President Trump nominated Daniel Aronowitz to serve as Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA)...
In April 2024, the Department of Labor (DOL) issued a controversial rule intended to broaden the definition of fiduciary advice to cover broker recommendations on individual retirement accounts (IRAs). The rule was stayed indefinitely by the courts in July 2024. That same month, the...
In April 2024, the Department of Labor (DOL) issued a controversial rule intended to broaden the definition of fiduciary advice to cover broker recommendations on individual retirement accounts (IRAs). The rule was stayed indefinitely by the courts in July 2024. That same month, the...
Washington, DC, April 23, 2024—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement after the Department of Labor (DOL) released the final rule to amend the regulatory definition of “investment advice fiduciary” under the Employee...
Washington, DC, April 23, 2024—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement after the Department of Labor (DOL) released the final rule to amend the regulatory definition of “investment advice fiduciary” under the Employee...
