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ICI Statement on FTC and DOJ Filing in Texas Case
May 23, 2025
WASHINGTON, May 23 -- The Investment Company Institute issued the following news release:

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ICI Statement on FTC and DOJ Filing in Texas Case

The Investment Company Institute (ICI) released the following statement regarding the recent Federal Trade Commission (FTC) and Department of Justice (DOJ) filing in the case brought by Texas and other states against US asset management companies:

"ICI is very troubled by the implications of the . . .

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