News Release Content

ICI Calls on the SEC to Reform Regulatory Framework That Has Not Been Updated in 30 Years Washington, DC, March 17, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan today unveiled the Institute’s blueprint to reform the Investment Company Act of 1940 (1940 Act)...

Washington, DC; March 12, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Generating Retail Ownership Through Long-Term Holding Act (GROWTH Act) was introduced in the U.S. House of Representatives by Reps. Beth...

Brussels, Belgium, 10 March 2025—Investment Company Institute (ICI) Chief Global Affairs Officer Tracey Wingate released the following statement today after the European People's Party (EPP) Group called for an urgent procedure for the “stop the clock” proposal: “ICI welcomes the EPP...

Brussels, Belgium, 7 March 2025—Today, Investment Company Institute (ICI) Chief Global Affairs Officer Tracey Wingate released the following statement regarding ICI’s response to the European Commission’s call for evidence on the Savings and Investments Union (SIU). “ICI strongly...

Washington, DC; March 6, 2025—Continued strong inflows into money market funds (MMFs) sent assets 1 soaring by $51.15 billion to a record-breaking $7.03 trillion, the Investment Company Institute reported for the week ended Wednesday, March 5. Among taxable money market funds...

Deputy General Counsel Dorothy Donohue to retire after more than 25 years and be succeeded by Matt Thornton. Tara Buckley to join ICI also as a Deputy General Counsel. Washington, DC; March 5, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan announced key...

Washington, DC; March 4, 2025—The Investment Company Institute (ICI) wrote to the Securities and Exchange Commission (SEC) today to encourage the agency to approve a principles-based co-investment framework that would provide more flexibility for retail investment products. This would...

Washington, DC; March 4, 2025—401(k) plans that use automatic enrollment mechanisms and/or employer contributions are critical to encourage workers to save and to invest for retirement, according to The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at 401(k) Plans...

Brussels, Belgium, 26 February 2025—Today, the Investment Company Institute (ICI) released the following statement after the European Commission adopted a new package of proposals to simplify EU rules, which will now be submitted to the Parliament and Council for their consideration:...

Brussels, Belgium, 13 February 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the European Commission proposed to formally amend the Central Securities Depositories Regulation (CSDR) to shorten the settlement cycle...