IDC News Releases

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New Report Highlights Overwhelming Independence of Fund Boards

Washington, DC; October 10, 2023—A new report from the Independent Directors Council (IDC) and Investment Company Institute (ICI) illustrates the strong independence of fund boards and their focus on serving shareholder interests. The Overview of Fund Governance Practices, 1994-2022...

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IDC Statement on SEC Swing Pricing Proposal

Washington, DC; February 14, 2023—Independent Directors Council (IDC) Managing Director Thomas Kim released the following statement regarding the Securities and Exchange Commission’s (SEC) proposal mandating swing pricing for mutual funds: “IDC and fund independent directors, on...

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