The Daily Interview: What's Next for the Mutual Fund Industry?

Though it's probably not that well known by investors, the Investment Company Institute has as much to do with how mutual funds are run and advertised in the U.S. as giants like Fidelity, Vanguard and Janus.

Terry K. Glenn Chairman of the Americas Region Merrill Lynch Investment Managers

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The institute, the mutual fund industry's trade association, lobbies the SEC and other government groups on legislation affecting how mutual funds are sold, advertised, taxed and run.

Terry K. Glenn, chairman of Merrill Lynch's (MER Quote) Americas division and president of Merrill Lynch Funds, was elected to a one-year term as chairman of the ICI last October. ...