Conservative Economic Commentary | Topic: Investment Company Institute

Europe's Three-Point Debt Salvation Plan Sets Bulls Free, Dow Up 300 http://t.co/0v5PuCW2 #tcot >>
Ron Paul's Latest 'Money Bomb' http://t.co/IydAL3Ms #tcot When push comes to shove, most prefer freedom & commonsense. >>
Ron Paul: US Developing 'A Financial Iron Curtain' http://t.co/roQKiwkX #tcot Already true. Just try leaving the US to escape US taxes. >>
@kansaspider I'd say, they've already had a meltdown. The bloom is off the euro & a 50% haircut on Greek debt won't help French banks. >>
@kansaspider Yes. The OTC derivative market is a mess, poorly documented, sloppily run. #tcot >>

Subject: Investment Company Institute

The Investment Company Institute (ICI) is the national association of U.S. investment companies. ICI encourages adherence to high ethical standards, promotes public understanding of funds and investing, and advances the interests of investment funds and their shareholders, directors, and advisers.
As of July 1, 2008, ICI membership included 9,067 mutual funds, 675 closed-end funds, 625 exchange-traded funds (ETFs), and three sponsors of unit investment trust (UITs). Members manage assets totalling $12.9 trillion and serve almost 90 million shareholders.
In the aftermath of stock market scandals in the 1920s and 1930s, ICI was established in 1940 in New York as the National Committee of Investment Companies. It became the National Association of Investment Companies (NAIC) in 1941. NAIC changed its name to the Investment Company Institute in 1961.
ICI membership is open to Securities and Exchange Commission-registered investment companies (mutual funds, closed-end funds, ETFs, and UITs), their investment advisers, and underwriters. The Institute advocates on behalf of its members with federal, state, and foreign regulators and legislatures. (Wikipedia Jan 2010)

Q4 2005