May 15, 1992 TO: TAX MEMBERS NO. 32-92 INSTITUTIONAL FUNDS COMMITTEE NO. 7-92 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 5-92 RE: TREASURY DEPARTMENT ISSUES FINAL REGULATIONS ON THE INVESTMENT OF TAX-EXEMPT MUNICIPAL BOND PROCEEDS ______________________________________________________...
May 14, 1992 TO: DIRECT MARKETING COMMITTEE NO. 18-92 RE: MINUTES OF APRIL 9 MEETING __________________________________________________________ Attached for your information are the minutes of the April 9 meeting of the Direct Marketing Committee, which was held in Washington, DC. An...
May 14, 1992 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 22-92 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: ICI COMMENTS ON AICPA PROPOSED STATEMENT OF POSITION ("SOP"), FINANCIAL ACCOUNTING AND REPORTING FOR HIGH- YIELD DEBT SECURITIES BY INVESTMENT COMPANIES ______________________________...
May 14, 1992 TO: MARKETING POLICY COMMITTEE NO. 17-92 RE: MINUTES OF THE APRIL 9 DIRECT MARKETING COMMITTEE MEETING __________________________________________________________ Attached for your information are the minutes of the most recent meeting of the Direct Marketing Committee...
May 13, 1992 TO: STATE SECURITIES MEMBERS NO. 22-92 SEC RULES COMMITTEE NO. 33-92 RE: INSTITUTE WRITES OHIO AND SOUTH DAKOTA REQUESTING REPEAL OF INVESTMENT RESTRICTIONS, UPDATE ON WISCONSIN AND ARKANSAS __________________________________________________________ As you know, the...
May 12, 1992 TO: BOARD OF GOVERNORS NO. 33-92 RE: OFFSHORE FUNDS AS ASSOCIATE PERSONS OF THE INSTITUTE __________________________________________________________ The Executive Committee recommends the adoption of an amendment to the Institute's by-laws that would allow offshore funds...
May 12, 1992 TO: CONTRACTUAL PLANS COMMITTEE NO. 9-92 RE: AGENDA FOR MEETING __________________________________________________________ As you know, there will be a meeting of the Contractual Plans Committee during the Institute’s 1992 General Membership Meeting on Wednesday, May 20...
May 11, 1992 TO: BOARD OF GOVERNORS NO. 31-92 DIRECT MARKETING COMMITTEE NO. 16-92 RESEARCH COMMITTEE NO. 7-92 SALES FORCE MARKETING COMMITTEE NO. 16-92 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 15-92 MEMBERS - ONE PER COMPLEX NO. 14-92 SMALL FUNDS MEMBERS NO. 6-92 MARKETING POLICY...
May 11, 1992 TO: BOARD OF GOVERNORS NO. 30-92 CLOSED-END FUND COMMITTEE NO. 11-92 SEC RULES COMMITTEE NO. 32-92 RE: HOUSE TELECOMMUNICATIONS AND FINANCE SUBCOMMITTEE REPORTS BILL TO REPEAL SECTION 11(a) MANAGED ACCOUNT PROVISIONS _______________________________________________________...
May 11, 1992 TO: STATE LIAISON COMMITTEE NO. 19-92 UNIT INVESTMENT TRUST COMMITTEE NO. 27-92 RE: INSTITUTE REQUESTS VERMONT TO ADOPT INDEFINITE REGISTRATION __________________________________________________________ Legislation has passed both houses of the Vermont Legislature and is...
May 11, 1992 TO: BOARD OF GOVERNORS NO. 32-92 MEMBERS - ONE PER COMPLEX NO. 15-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 16-92 BROKER/DEALER ASSOCIATE MEMBERS NO. 7-92 MARKETING POLICY COMMITTEE NO. 16-92 DIRECT MARKETING COMMITTEE NO. 17-92 PUBLIC INFORMATION COMMITTEE NO. 19-92...
May 11, 1992 TO: DIRECT MARKETING COMMITTEE NO. 15-92 MARKETING POLICY COMMITTEE NO. 14-92 PUBLIC INFORMATION COMMITTEE NO. 17-92 RESEARCH COMMITTEE NO. 6-92 SALES FORCE MARKETING COMMITTEE NO. 15-92 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 14-92 SMALL FUNDS COMMITTEE NO. 5-92 MEMBERS...
May 8, 1992 TO: MEMBERS - ONE PER COMPLEX NO. 13-92 CLOSED-END FUND MEMBERS NO. 22-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 14-92 INVESTMENT ADVISER MEMBERS NO. 19-92 OPERATIONS COMMITTEE NO. 13-92 SEC RULES COMMITTEE NO. 29-92 SMALL FUNDS COMMITTEE NO. 4-92 STATE SECURITIES...
May 8, 1992 TO: TAX COMMITTEE NO. 18-92 RE: REVENUE RULING ON TRANSFER OF A SUBORDINATED INTEREST IN AN INVESTMENT TRUST __________________________________________________________ The Internal Revenue Service has recently issued the attached Revenue Ruling dealing with the effect of...
May 8, 1992 TO: PENSION MEMBERS NO. 9-92 OPERATIONS MEMBERS NO. 19-92 INVESTMENT ADVISER MEMBERS NO. 18-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 13-92 TAX MEMBERS NO. 29-92 ACCOUNTING/TREASURERS MEMBERS NO. 22-92 MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 3-92 MEMBERS - ONE PER...
May 8, 1992 TO: BOARD OF GOVERNORS NO. 29-92 RE: PERSONNEL MATTERS __________________________________________________________ Larry Rogers has decided that he would like to return to the investment management industry and therefore has resigned as the Institute's General Counsel. (See...
May 7, 1992 TO: TAX MEMBERS NO. 28-92 UNIT INVESTMENT TRUST MEMBERS NO. 28-92 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 4-92 RE: TENNESSEE ENACTS PASS-THROUGH OF FEDERAL OBLIGATION INTEREST __________________________________________________________ The Institute is pleased to inform...
May 7, 1992 TO: STATE SECURITIES MEMBERS NO. 20-92 SEC RULES COMMITTEE NO. 28-92 RE: WASHINGTON ISSUES HIGH YIELD BOND FUND DISCLOSURE __________________________________________________________ As we previously advised you, the Washington Securities Division has been requiring...
May 7, 1992 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 25-92 RE: DRAFT RESPONSE TO SEC STAFF LETTER PROPOSING MODIFICATIONS TO ELTR FORMULA __________________________________________________________ Attached for your review is a draft response to the April 10, 1992 letter from the staff...
May 6, 1992 TO: MONEY MARKET FUNDS AD HOC COMMITTEE NO. 7-92 RE: INSTITUTE LETTER TO SEC ON TECHNICAL ISSUES UNDER RULE 2a-7 __________________________________________________________ The Institute submitted the attached letter to the SEC staff requesting clarification on the...
May 6, 1992 TO: COMPLIANCE COMMITTEE NO. 4-92 RE: DRAFT AGENDA FOR MAY 13 MEETING __________________________________________________________ Attached is a draft agenda for the Compliance Committee meeting scheduled for May 13, 1992. The meeting will be held in the Institute's David...
May 6, 1992 TO: DIRECT MARKETING COMMITTEE NO. 12-92 MARKETING POLICY COMMITTEE NO. 12-92 PUBLIC INFORMATION COMMITTEE NO. 16-92 SALES FORCE MARKETING COMMITTEE NO. 12-92 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 11-92 RE: Update on ICI Education Foundation ____________________________...
