Investment Company Institute

Introducing ICI’s new logo, which features the tagline, “The Asset Management Industry—Serving Individual Investors,” reaffirming our mission to strengthen the foundation of the asset management industry to ultimately benefit individual investors. Read more: https://bit.ly/3WSSpr7

Thanks to mutual funds and investment innovations, families have been able to help their children reach their educational dreams over the past century. Read more about mutual funds’ impact: https://bit.ly/3vN9bMN #MutualFund100 

We are excited to announce the return of ICI Innovate from February 3 – 5 in Huntington Beach, California! Join us as we navigate the AI age with top-tier industry speakers and unique networking opportunities. Save the date and sign up for more info: https://bit.ly/3X2aJMX

Amid the growing concern over activist investors preying on closed-end funds at the expense of retirees, Virginia Delegate Kim Taylor calls for bipartisan Congressional efforts such as the Investor Opportunities Act to limit activist takeovers. Read more: https://bit.ly/4d1ELXj    

ICI's Tax and Accounting Conference is just a month away! Be sure to register by August 29 to ensure access to our exclusive room block, and don’t miss out on our incredible industry sessions and networking opportunities. Learn more: https://bit.ly/45WZIk0   

With the U.S. Securities and Exchange Commission's vote to adopt changes to Form N-PORT reporting requirement, ICI believes the SEC should have reproposed the new reporting requirements to ensure adequate public comment on our concerns. ICI is also reviewing today’s new liquidity risk management program guidance to understand how it will impact funds and their shareholders. Read more: https://bit.ly/3Mv8psN

Last month, ICI and other trade groups sent a letter to Congress urgently appealing to lawmakers to revise technical errors in the Secure 2.0 Act. Read more about the necessary changes: https://bit.ly/3AS9atm 

A new ICI and Employee Benefit Research Institute (EBRI) report finds that within the same sample of participants between 2016 and 2022, several factors have contributed to changes in 401(k) plan account balances and assets, including loan activity and the growing popularity of target date funds. Click the images below for key highlights and read the full report here: https://bit.ly/46Zx2aN    

A new report from ICI and BrightScope | ISS Market Intelligence illustrates why lawmakers need to preserve tax-deferred savings for employer-sponsored defined contribution plans rather than eliminate the perk as some economists have called for. Read more on how 401(k) plans are helping Americans save: https://bit.ly/476e3vg  

In case you missed it: ICI is concerned about financial regulators worrying over the growing use of Treasury funds by registered funds, which they believe to cause cracks in the US rates market. Read more from ICI’s Paul Cellupica and Sean Collins on why this approach would not address inefficiencies in the cash Treasury market: https://bit.ly/3Xad8X8