ICI Statement on Appointment of Dalia Blass as Director of the SEC’s Division of Investment Management

Washington, DC, August 31, 2017—Investment Company Institute President Paul Schott Stevens issued the following statement today on the appointment of Dalia Blass as the next Director of the Division of Investment Management of the US Securities and Exchange Commission (SEC):

“We congratulate Dalia Blass on her new role heading the SEC’s Division of Investment Management. Ms. Blass has superb credentials for the job, including her many years of prior service in the division, her asset management–focused law practice, and her widely recognized expertise on fund issues and regulation. We are confident that she will exercise strong leadership on regulatory initiatives that are critical to mutual funds, exchange-traded funds, and America’s 95 million fund shareholders. We look forward to working with her.”