Investment Company Institute

ICI congratulates Donald J. Trump and JD Vance on being elected the 47th President and Vice President of the United States of America. We look forward to working with the Trump-Vance Administration and new Congressional leadership to advance policies that will strengthen our capital markets, protect long-term investors, and other critical issues to support regulated funds and their more than 120 million investors. Read more: https://bit.ly/4ffJ4Qm

As critics of the US retirement system propose to tax voluntary retirement plans to raise revenue for Social Security, ICI Senior Economic Adviser Peter Brady warns that doing so could undermine the entire US retirement system. Read more: https://bit.ly/40yxZ8O  

As mutual fund ownership has expanded in recent decades, investment vehicles like mutual funds and ETFs have deepened among middle-income households, with racial and ethnic diversity of fund ownership increasing as well. Read more on investment growth in our new blog: https://bit.ly/4f6Gcpb 

The governance abuses that Congress thought they were eliminating with the 1940 Act are occurring today, facilitated by the NYSE’s legacy annual shareholder meeting requirement for listed closed-end funds. Read more from ICI's Paul Cellupica and Kevin Ercoline in the Harvard Law School Forum on Corporate Governance: https://bit.ly/3Yt8pPO

A proposal to eliminate tax deferral for voluntary retirement plans to raise revenue for Social Security would “very likely cause the voluntary retirement plan system to unravel and, in doing so, undermine the entire US retirement system,” shares ICI’s Peter Brady. Read more: https://bit.ly/40yxZ8O

Just in time for fall, new ICI data show the investment pie keeps growing larger as more Americans take a seat at the table. Our latest blog shares how mutual fund–owning households are increasingly middle-income and diverse, reflecting the rise of an investment culture in the United States and the fund industry’s ability to deliver results for everyday Americans. Read more: https://bit.ly/48zEZEs

Are you ready for ICI Innovate in 2025? We are thrilled to offer attendees incredible programming, including sessions on the benefits of Generative AI to asset managers, the future of the workplace, cybersecurity, and much more! Register now: https://bit.ly/3X2aJMX

ICI submitted a joint comment letter to the Federal Deposit Insurance Corporation (FDIC) expressing concern with its proposed rule that would require firms to provide the FDIC with advance notice if they acquire shares in banks above a certain threshold. Read more: https://bit.ly/4hpyI20   

As we continue celebrating the anniversary of the #MutualFund100, we also honor how the US retirement system has helped millions of Americans successfully secure their financial futures. Learn more: https://bit.ly/3vN9bMN

A recent Washington Supreme Court decision limiting the state’s business and occupation tax investment income deduction could open the door for more taxes for investors on investment funds, mutual funds, and more. Read more in the ICI Daily: https://bit.ly/3AuwddY