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By Melanie Waddell, AdvisorOne |
May 9, 2012
Paul Schott Stevens, president and CEO of the ICI, pointed out two initiatives the ICI is fighting: the SEC’s further attempts to rein in money-market funds, and the CFTC’s amendments to a commodities rule.
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By John Sullivan, Advisorone |
March 7, 2012
The refusal by the agency's chairman to attend a major money market industry conference in Orlando next week is raising concerns that the coming proposal will be sweeping and severe.
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By Gil Weinreich, AdvisorOne |
February 7, 2012
ICI’s Paul Schott Stevens warns agency ‘hat trick’ will jeopardize investors, businesses, governments and the economic recovery.
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By Melanie Waddell, AdvisorOne |
January 11, 2011
Two days before Christmas, President Obama signed into law The Regulated Investment Company Modernization Act of 2010, which updates and simplifies several mutual fund tax rules.
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By Melanie Waddell, AdvisorOne |
May 6, 2010
Some mutual fund execs say broad fiduciary mandate would 'damage' the industry
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By Jenny Ivy |
July 17, 2009
Financial industry experts testified Friday before the House Financial Services Committee and provided comment on the Obama Administration's proposed financial regulatory reforms. Among other noted speakers,...
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By Jenny Ivy |
June 26, 2009
Investment Company Institute (ICI) President and CEO Paul Schott Stevens chided the House Education and Labor Committee's approval this week of a bill requiring full...
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By Janet Levaux, AdvisorOne |
April 1, 2009
Investment Company Institute President and CEO Paul Schott Stevens, in testimony before the U.S. Senate Banking Committee, has outlined ICI's detailed proposal on how to...
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By Danielle Andrus, AdvisorOne |
March 26, 2009
A proposal to reform money market funds to make them "more resilient in the face of extreme market conditions" was unanimously endorsed by the Investment...
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By Jenny Ivy |
March 11, 2009
Working Americans are still committed to the 401(k) system, says Investment Company Institute President and CEO Paul Schott Stevens. Updated data from October through the end...
