INVESTMENT COMPANY INSTITUTE (ICI)

Monitoring Financial Stability Councils (FSOC) review process of asset managers as systemically important financial institutions (SIFI) and related legislation. Support e-delivery of shareholder communications. Oppose the SECs liquidity, swing pricing, and hard close proposal which would seriously harm more than 100 million Americans who use mutual funds to invest for their financial future. Support the Wagner-Meeks Amendment on closed-end funds to HR 2799 - The Expanding Access to Capital Act of 2023. Support the Lucas, Gottheimer, Foster Amendment on 403B plans to HR 2799 - The Expanding Access to Capital Act of 2023. Support the Huizenga, Auchincloss, Nickel, Steil Amendment on e-delivery to HR 2799 - The Expanding Access to Capital Act of 2023.

Monitoring changes to the tax code as it pertain to retirement savings. Support tax deferral of retirement plan contributions. Support keeping the rates for capital gains and dividends at the preferential tax rate. Oppose financial transaction tax proposals. Support private retirement system for saving.