Investment Company Institute

ETF investors—nearly 12 million US households—would face additional tax bills under Senator Wyden’s ETF tax legislation. Read ICI CEO Eric Pan’s statement opposing the proposal that would penalize ETF and mutual fund investors. http://ow.ly/sVOm50GbVCA

Americans continued to save for retirement through defined contribution plans during the first half of this year despite ongoing economic stresses brought about by the COVID-19 pandemic. Read our latest research: http://ow.ly/eRDP50G9J7t

Total money market fund assets decreased by $39.69 billion to $4.46 trillion for the week ended September 15. View more information on our website: http://ow.ly/xEK050Gbq1G

Unit investment trusts (UIT) had total deposits of $4.73 billion in August, with 124 new trusts issuing shares. Visit our website for more information about UIT data and statistical collections: http://ow.ly/wHed50GblKz

Visit our website for more information about the latest monthly money market fund portfolio holdings in prime and government funds: http://ow.ly/Ny8V50Gb9c8

Hear the latest on tax and accounting issues from fund sponsors, auditors, and SEC staff at the 2021 virtual Tax and Accounting Conference! You can still register for this year's event, which starts next week: http://ow.ly/utG050G3eYx

ICI CEO Eric Pan issued a statement opposing Senator Wyden’s proposal to penalize ETF and mutual fund investors. As many as 12 million US households would face additional tax bills under this proposal. http://ow.ly/KfOk50GaHBY

Total estimated inflows to long-term mutual funds and exchange-traded funds (ETFs) were $15.99 billion for the week ended September 8. View more information on our website: http://ow.ly/Zjod50GarWN

Total estimated inflows to long-term mutual funds were $5.36 billion for the week ended September 8. View more information on our website: http://ow.ly/mf4z50GaqiA

The Securities Law Development Conference is back in 2021! Register by September 22 to save $50: http://ow.ly/5C1k50G8T52

Don't miss our panel on COVID-19's impact on tax, accounting, and operations at this year's virtual Tax and Accounting Conference! Register here: http://ow.ly/B6lL50G3eCG

Exchange-traded funds had an estimated $10.63 billion in net issuance of shares for the week ended September 8. Get more ETF data: http://ow.ly/dt9E50G9G2F