Read what happened in the industry, on the hill, and at the agencies while you were working.
TUESDAY | Fed Governor Jerome Powell and UK Financial Conduct Authority chief discuss financial market conduct and structure in Washington. The IMF releases its latest snapshot of the global economy. President delivers his sixth State of the Union address to a joint session of Congress. Senate Finance Committee Chairman Orrin Hatch delivers remarks on committee's agenda at U.S. Chamber event.
MONDAY | House Rules Committee to consider package of bills easing financial regulations: after the House failed to reach a supermajority supporting quick passage of a package of bills easing financial regulations, the House Rules Committee will take up the measure, paving the way for its passage with a simple majority. The Pension Benefit Guaranty Corporations 40th Anniversary Forum on pensions.
Our Clients, Our Markets, Our PurposeThe Association of Institutional INVESTORS is an organization of the oldest, largest, and most trusted federally registered investment advisers in the United States. All our members have a fiduciary duty to put their clients' interests first. Put simply, it's not our money. Our members' clients include companies and labor unions, public and private pension plans, mutual funds and 401Ks, and individuals and families who depend on our firms to help them provide for their retirements, to have funds available to educate their family members, to meet other obligations, and to support their financial aspirations. Collectively , the Association's members manage investments for more than 80,000 ERISA pension plans, 401Ks, and mutual funds on behalf of more than 100 million American workers and retirees.
Our financial markets connect companies to investors and borrowers to lenders to help corporations create jobs, cities and states build needed roads, bridges, and schools, families finance homes and cars, and pension plans at all levels meet their obligations. These markets allow thousands of organizations and millions of individuals to invest in America, sharing in the success of our nation's businesses and maintaining a stake in the strength of cities, counties, states, and our country.
Our financial markets can only fulfill their highest purposes when they are open, transparent, and provide a level playing field for all market participants, and when they are supported by prudent regulation and strong investor protections. All the Association's efforts are toward these ideals.