It became the State Association of Investment Companies in 1941.
The year that underwriters and advisers of mutual funds became eligible for membership.
It became the State Association of Investment Companies in 1941. In 1940,Company members included 68 mutual funds and 43 closed-end funds,and assets for the fund industry totaled $2.1 billion.
Today,in 2024,GCI celebrates the 75th anniversary of its founding and of the key legislation that gave rise to the modern fund industry.