ICI led a coalition of prominent financial services trade groups and advocacy organizations reiterating the need to pass the GROWTH Act of 2025, which has secured strong bipartisan support with more than 100 cosponsors in the House of Representatives.
ICI President and CEO Eric J. Pan released the following statement today regarding the announcement that the First Lady will work with the nation’s governors and the Treasury Department to ensure that children in foster care are enrolled in Trump Accounts.
ICI welcomes the Supreme Court’s decision in FS Credit Opportunities Corp. et al. v. Saba Capital Master Fund, Ltd., et al., which rightly holds that Section 47(b) of the 1940 Investment Company Act (’40 Act) does not create an implied private right of action.
Exchange-traded funds have transformed how millions of Americans invest, offering accessible, low-cost, and efficient options for building long-term financial security. Preserving key features of ETFs, including their tax treatment, is essential to expanding participation and supporting long-term investing.
How In-Kind Redemptions Work Imagine an ETF owns shares of many different companies. When a large investor redeems shares the ETF can respond in two ways: Sell holdings for cash: The ETF sells some...
Exchange-traded funds have transformed investing for millions of Americans. If policymakers want more Americans to start investing early, stay invested, and build long-term financial security, they should preserve the features that make ETFs accessible, affordable, and efficient. That includes preserving ETF tax treatment.
ICI President and CEO Eric J. Pan opened the second annual ETF Conference in Nashville, Tennessee, highlighting key trends and challenges shaping the ETF industry and ICI’s role in supporting the continued growth in ETFs.
ICI’s ETF Conference, returns to Nashville June 8–10. This year’s conference will bring together the full ETF ecosystem to examine what comes next: how products are built, how they trade, how they reach investors, and how the regulatory framework can continue to support innovation while protecting investors.
Mutual funds and ETFs are essential to how millions of Americans build long-term financial security supporting retirement, education, and other life goals. Yet investors ultimately bear the costs of an outdated fund proxy system that no longer reflects modern ownership or communication practices.
The Investment Company Institute’s latest study, "The Role of IRAs in US Households’ Saving for Retirement, 2025", shows that IRAs remain central to how millions of Americans save for retirement. By year-end 2025, IRAs held $19.2 trillion, representing 39% of total US retirement assets, up from 24% two decades ago.
Millions of Americans depend on 401(k) and other DC plans as their primary path to financial security, where investment choices play a critical role in outcomes. Because of this, the rules guiding how fiduciaries select plan investments are highly consequential. The DOL’s proposed rule would create a process-based, asset-neutral safe harbor to guide these investment decisions.
ICI submitted a comment letter today in response to the Department of Labor’s proposed rule on fiduciary duties in selecting designated investment alternatives.
