An industry trade group for mutual fund companies, says it would be too burdensome for mutual fund companies to disclose how they voted when they cast votes for their investment clients in shareholder decisions. Until now, mutual fund companies have kept their voting records secret. The Investment Company Institute (ICI) is asking the Office of Management and Budget to overturn a decision by the Securities and Exchange Commission (SEC) to require public disclosure of proxy voting records. (See “Ray of Sunshine at SEC?" in the February 10, 2003, issue of the Watcher).