August 4, 1992 TO: DIRECT MARKETING COMMITTEE NO. 27-92 PUBLIC INFORMATION COMMITTEE NO. 29-92 SALES FORCE MARKETING COMMITTEE NO. 27-92 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 22-92 RE: SEPTEMBER COMMITTEE MEETING SCHEDULE __________________________________________________________...
August 4, 1992 TO: STATE SECURITIES MEMBERS NO. 37-92 RE: INDIANA CLARIFIES POSITIONS ON EXPENSE LIMITATIONS, RULE 144A SECURITIES AND INVESTING IN ILLIQUID SECURITIES __________________________________________________________ As we previously advised you, the staff of the Indiana...
August 3, 1992 TO: SEC RULES COMMITTEE NO. 53-92 STATE LIAISON COMMITTEE NO. 28-92 INSTITUTIONAL FUNDS COMMITTEE NO. 16-92 RE: INSTITUTE COMMENTS ON NASAA TWO-TIER FUND PROPOSAL __________________________________________________________ As we previously advised you, the NASAA...
August 3, 1992 TO: SEC RULES COMMITTEE NO. 54-92 AD HOC TASK FORCE ON 12b-1 ISSUES RE: DRAFT LETTER TO NASD PROPOSING TECHNICAL QUESTIONS AND ANSWERS UNDER AMENDED NASD MAXIMUM SALES CHARGE RULES __________________________________________________________ Attached for your review is a...
August 3, 1992 TO: TAX COMMITTEE NO. 29-92 PENSION COMMITTEE NO. 27-92 OPERATIONS COMMITTEE NO. 21-92 TRANSFER AGENT ADVISORY COMMITTEE NO. 42-92 RE: INSTITUTE TESTIFIES ON PROPOSED TAX DEPOSIT REGULATIONS __________________________________________________________ As we previously...
August 3, 1992 TO: STATE SECURITIES MEMBERS NO. 36-92 UNIT INVESTMENT TRUST MEMBERS NO. 45-92 RE: INSTITUTE COMMENTS ON NASAA COMMITTEE UNIFORMITY PROPOSAL __________________________________________________________ As you know, the NASAA Investment Company Registration/ Trading...
August 3, 1992 TO: TAX COMMITTEE NO. 30-92 INTERNATIONAL COMMITTEE NO. 16-92 ACCOUNTING/TREASURERS COMMITTEE NO. 34-92 RE: INSTITUTE COMMENTS ON PROPOSED PASSIVE FOREIGN INVESTMENT COMPANY REGULATIONS __________________________________________________________ Attached is the Institute...
August 3, 1992 TO: SEC RULES COMMITTEE NO. 52-92 CLOSED-END FUND COMMITTEE NO. 13-92 RE: SEC PROPOSES RULES TO PERMIT PERIODIC REDEMPTIONS OF INVESTMENT COMPANY SHARES __________________________________________________________ The Securities and Exchange Commission has proposed rules...
July 31, 1992 TO: INSURANCE BROKER-DEALER ADVISORY COMMITTEE NO. 11-92 RE: 1. NOTICE OF MEETING - SEPTEMBER 24, 1992 2. MINUTES OF MEETING HELD JUNE 25, 1992 __________________________________________________________ This is to advise you that the next meeting of the Insurance Broker...
July 31, 1992 TO: TAX MEMBERS NO. 49-92 UNIT INVESTMENT TRUST MEMBERS NO. 44-92 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 10-92 RE: MISSISSIPPI AMENDS INCOME TAX REGULATIONS TO ALLOW PASS-THROUGH OF CHARACTER OF FEDERAL OBLIGATION INTEREST ____________________________________________...
July 31, 1992 TO: BOARD OF GOVERNORS NO. 51-92 RE: MEETING NOTICE __________________________________________________________ The next meeting of the Board of Governors will be held on Thursday, October 1st at 10:00 am in the David Silver Conference Room at the Investment Company...
July 30, 1992 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 15-92 BANK INVESTMENT MANAGEMENT MEMBERS NO. 3-92 BOARD OF GOVERNORS NO. 50-92 OPERATIONS MEMBERS NO. 28-92 SEC RULES MEMBERS NO. 33-92 SMALL FUNDS MEMBERS NO. 14-92 TAX MEMBERS NO. 48-92 DIRECT MARKETING COMMITTEE NO. 26-92...
-1- July 30, 1992 TO: BANK INVESTMENT MANAGEMENT MEMBERS NO. 4-92 RE: SURVEY OF STATE FIDUCIARY INVESTMENT LAWS __________________________________________________________ Attached for your information is a chart summarizing state laws concerning the ability of fiduciaries (such as...
July 30, 1992 TO: BOARD OF GOVERNORS NO. 49-92 RE: RUDMAN/TSONGAS __________________________________________________________ At the Institute’s recent Legislative Affairs Conference, you heard Senator Warren Rudman speak of the possibility of forming a "centrist", moderate coalition...
July 29, 1992 TO: INTERNATIONAL MEMBERS NO. 18-92 INVESTMENT ADVISER MEMBERS NO. 37-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 29-92 SEC RULES MEMBERS NO. 32-92 RE: SEC NO-ACTION LETTER CONCERNING INTERNATIONAL INVESTMENT ADVISERS _____________________________________________________...
July 29, 1992 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 33-92 INSURANCE BROKER-DEALER ADVISORY COMMITTEE NO. 10-92 RE: SEC SOLICITS COMMENTS ON REPORT OF THE BACHMANN TASK FORCE ON CLEARANCE AND SETTLEMENT REFORM __________________________________________________________ The Securities...
July 29, 1992 TO: TAX MEMBERS NO. 47-92 MEMBERS - ONE PER COMPLEX NO. 22-92 RE: NORTH CAROLINA REPEALS SECURITY DEALER PRIVILEGE LICENSE TAX AND INCREASES ANNUAL SECURITY REGISTRATION FEE __________________________________________________________ As we recently informed you, North...
July 28, 1992 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 23-92 RE: NOTICE OF TWO-DAY MEETING - SEPTEMBER 16-17, 1992 __________________________________________________________ This is to advise you that there will be a two-day meeting of the Broker/Dealer Advisory Committee on September...
July 28, 1992 TO: FEDERAL LEGISLATION MEMBERS NO. 5-92 FEDERAL LEGISLATION COMMITTEE NO. 5-92 RE: Institute Urges Congress to Remove Tax Barriers Faced by U.S. Mutual Funds in Competing Internationally __________________________________________________________ On July 21, the...
July 24, 1992 TO: BOARD OF GOVERNORS NO. 48-92 SEC RULES COMMITTEE NO. 50-92 INTERNATIONAL COMMITTEE NO. 15-92 RE: SEC PROPOSES AMENDMENTS TO RULE 144A UNDER THE SECURITIES ACT __________________________________________________________ The Securities and Exchange Commission has...
July 24, 1992 TO: TAX COMMITTEE NO. 28-92 PENSION COMMITTEE NO. 26-92 OPERATIONS COMMITTEE NO. 20-92 TRANSFER AGENT ADVISORY COMMITTEE NO. 39-92 RE: INSTITUTE COMMENTS ON PROPOSED TAX DEPOSIT REGULATIONS __________________________________________________________ As you may know, the...
- 1 - July 23, 1992 TO: BOARD OF GOVERNORS NO. 47-92 TAX MEMBERS NO. 46-92 INTERNATIONAL MEMBERS NO. 17-92 RE: INSTITUTE TESTIFIES ON INTERNATIONAL COMPETITIVENESS __________________________________________________________ The Institute testified on July 21 before the House Ways and...
July 22, 1992 TO: SEC RULES COMMITTEE NO. 49-92 AD HOC TASK FORCE ON 12b-1 ISSUES RE: NOTICE OF MEETING OF AD HOC TASK FORCE ON 12b-1 ISSUES ON TUESDAY, AUGUST 11 __________________________________________________________ The second meeting of the Ad Hoc Task Force on 12b-1 Issues...
July 22, 1992 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 14-92 RE: FDIC PROPOSES RULES GOVERNING PERMISSIBLE INVESTMENTS OF INSURED STATE BANKS __________________________________________________________ Pursuant to the Federal Deposit Insurance Corporation Improvement Act of 1991 (the...
