Letter to the New York Times on “Funds Engage Actively with Companies on Governance Issues” ICI president and CEO Paul Schott Stevens submitted the following letter to the New York Times: To the Editor: Every mutual fund or other registered investment company is required by law to...
Bond Fund Investments ‘Stickier’ Than Headlines Indicate By Brian Reid (as published in NBR’s Voices on July 11, 2013) The following special commentary was written by Brian Reid, chief economist at Investment Company Institute. It’s been a long two months for bond fund investors...
Letter to the Wall Street Journal on “Worrisome Savings Killer” in Budget Proposal (As published in the Wall Street Journal on April 21, 2013) Your editorial "Now He's After Your 401(k)" (April 12) correctly criticizes the impact of President Obama's proposed limit on the amount that...
Letter to the Wall Street Journal on Editorial Misleads on Money Market Funds (As published in the Wall Street Journal on February 27, 2013) Over the past three years, the Journal has published six editorials on money-market funds. By the time we saw the latest (" The SEC's Big Chance...
Letter to the Editor: Fund Investors Pay Less in Fees (As published in the Financial Times on February 15, 2013) Sir, Tom Stabile bizarrely casts the US mutual fund industry as a financial villain in a misleading commentary that goes heavy on insults and light on evidence (“ Hidden...
On Retirement Policy, Don't Mess with Success By Paul Schott Stevens (as published in Investment News on January 27, 2013) America's fiscal challenges have led some to contemplate an alarming course reversal on the policies that help ensure retirement security for working Americans...
Don't Enact Financial Transaction Taxes By Paul Schott Stevens (as published in The Hill , December 20, 2012) It’s an idea that some policymakers might find tempting: raising billions for U.S. government coffers by taxing financial transactions such as stock, bond, and derivatives...
Letter to the Wall Street Journal on Ill-Advised 'Reform' of Money Market Funds Will Harm Savers (As published in the Wall Street Journal on November 28, 2012) The Journal continues its efforts to tar money-market funds with the stigma of "bailout" and to impose a solution that will...
Money Market Funds' U.S. Guarantee Was Limited and Temporary (As published in American Banker on October 19, 2012) " Bair Floats Compromise to Extend TAG" (Oct. 10) reflects a critical misunderstanding of the Treasury Department's Temporary Money Market Fund Guarantee Program...
The Future of Retirement Is Better 401(k) Plans By Paul Schott Stevens (as published in San Francisco Chronicle on September 24, 2012) During the past 30 years, 401(k)s and other defined contribution plans have emerged as the primary tool for retirement saving for millions of...
