IDC News Releases

Independent Directors Council Re-elects Paul Freeman as Chair; Jonathan Zeschin Named Vice Chair Five Independent Directors Join IDC’s Governing Council Washington, DC, October 8, 2015—The Governing Council of the Independent Directors Council (IDC) has re-elected Paul K. Freeman as...

As Proxy Season Approaches, ICI and IDC Release New Report Designed to Assist Funds Washington, January 22, 2015—As funds prepare to vote proxies for their portfolio securities this spring, the Investment Company Institute (ICI) and the Independent Directors Council (IDC) have...

Independent Directors Council Names Paul Freeman as New Chair and Elects Five Governing Council Members Washington, DC, October 2, 2014 - The Governing Council of the Independent Directors Council (IDC) has elected Paul K. Freeman as its Chair. Freeman, who has served as IDC Vice...

IDC Statement on SEC Adoption of New Money Market Funds Requirements Washington, DC, July 23, 2014— Independent Directors Council (IDC) Managing Director Amy Lancellotta made the following statement today about the U.S. Securities and Exchange Commission’s final rules for money market...

Independent Directors Council Re-elects Susan Kerley as Chair; Paul Freeman Named Vice Chair Elects Two New Governing Council Members Washington, DC, October 3, 2013 - The Governing Council of the Independent Directors Council (IDC) has re-elected Susan B. Kerley as IDC’s chair for a...

Fund Boards Have Adopted Strong Governance Practices Independent of Regulatory Mandates Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, September 30, 2013 - Fund governance practices over the past 18 years have evolved in response to...

IDC Is Not Convinced Additional Money Market Fund Reform Is Warranted Washington, DC, September 18, 2013 - In response to the Securities and Exchange Commission’s (SEC) money market fund reform proposal, the Independent Directors Council (IDC) stated that it is not convinced...

Governance Leaders Release Auditor Evaluation Tool for Audit Committees Washington, DC, October 15, 2012 - A number of organizations have joined forces to launch a new tool to assist audit committees in performing an annual evaluation of the external auditor in order to make an...

Independent Directors Council Names Susan Kerley as New Chair and Elects Three Governing Council Members Washington, DC, October 10, 2012 - The Governing Council of the Independent Directors Council (IDC) has elected Susan B. Kerley as its Chair. Ms. Kerley, who has served as IDC Vice...

Fund Boards Follow Strong Governance Practices to Best Serve Shareholders Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, October 19, 2011 - Fund governance practices continue to evolve to the benefit of funds and their shareholders, and...