IDC News Releases

Independent Directors Council Names Dawn Vroegop as Chair and Elects Two Governing Council Members Washington, DC; October 8, 2018—The Governing Council of the Independent Directors Council (IDC) has elected Dawn Vroegop as its Chair. Vroegop, who has served as IDC Vice Chair for the...

Independent Directors Council Applauds SEC Approval of Online Delivery for Fund Shareholder Reports Washington, DC, June 5, 2018— Independent Directors Council (IDC) Managing Director Amy Lancellotta today issued the following statement after the Securities and Exchange Commission...

Fund Boards’ Strong Governance Practices Provide Safeguards for Shareholders Washington, DC, October 11, 2017—Fund boards, as a group, continue to safeguard the interests of fund shareholders by maintaining strong governance practices, the Independent Directors Council (IDC) and...

Independent Directors Council Re-elects Chair Jonathan F. Zeschin; Dawn Vroegop Named Vice Chair Three New Members Join IDC’s Governing Council Washington, DC, October 4, 2017—The Governing Council of the Independent Directors Council (IDC) has re-elected Jonathan F. Zeschin as IDC’s...

Independent Directors Council Will Offer Unique Orientation Program for Newer Fund Directors Washington, DC, May 15, 2017—The Independent Directors Council (IDC) is offering a unique orientation program, Foundations for Fund Directors, for newer fund directors to learn the...

Independent Directors Council Names Jonathan F. Zeschin as Chair and Elects Four Governing Council Members Washington, DC, October 6, 2016—The Governing Council of the Independent Directors Council (IDC) has elected Jon Zeschin as its Chair. Zeschin, who has served as IDC Vice Chair...

IDC Letter to SEC Highlights Proper Role of Fund Boards Letter Outlines Approach to Limiting Directors’ Responsibilities Under SEC Rules to Fund Oversight Washington, DC, June 23, 2016 - The proper governance role of fund independent directors is oversight, not management, the...

IDC Seeks Changes to SEC’s Derivatives Proposal to Ensure Proper Oversight Role for Fund Boards Washington, DC, March 28, 2016—The Independent Directors Council (IDC) recommends changes to a proposal by the Securities and Exchange Commission (SEC) governing the use of derivatives by...

IDC Urges SEC to Pursue a More Flexible Liquidity Risk Management Rule for Funds Washington, DC, January 13, 2015—The Independent Directors Council (IDC) supports the essential goal of the rule proposal by the Securities and Exchange Commission (SEC) to promote effective liquidity...

Fund Boards Engage in Strong Governance Practices Study by IDC and ICI Shows Boards Exceed Regulatory Mandates Washington, DC, October 27, 2015—Fund boards, as a group, follow strong governance practices to best serve the interests of fund shareholders, the Independent Directors...