Work of a Trade Association

Matthew P. Fink

in The Rise of Mutual Funds

Second edition

Published in print January 2011 | ISBN: 9780199753505
Published online January 2012 | e-ISBN: 9780199918805 | DOI:
Work of a Trade Association

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This chapter focuses on the trade association for the mutual fund industry, the Investment Company Institute. Membership in the association is almost universal: just about every sponsor of mutual funds, closed-end funds, unit investment trusts, and exchange-traded funds, as well as the funds themselves, are members of the association. The institute has a long history of supporting government regulation of the investment company industry. The institute has also adopted a series of best practices that go well beyond law and regulation.

Keywords: mutual fund industry; trade associations; Investment Company Institute; mutual funds

Chapter.  3070 words. 

Subjects: Macroeconomics and Monetary Economics

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