April 1, 1992 TO: TAX COMMITTEE NO. 12-92 ACCOUNTING/TREASURERS COMMITTEE NO. 15-92 RE: IRS NOTICE ON REGULATIONS PROJECTS TO BE CLOSED __________________________________________________________ As you may know, President Bush recently instructed all government agencies to eliminate...
April 1, 1992 TO: TAX COMMITTEE NO. 13-92 12b-1 AD HOC COMMITTEE RE: TAX COURT RULES THAT COMMISSIONS PAID ON SALE OF BOOKS OVER TWO YEARS NEED NOT BE CAPITALIZED __________________________________________________________ The attached U.S. Tax Court decision, Fidelity Associates, Inc...
April 1, 1992 TO: MEMBERS - ONE PER COMPLEX NO. 10-92 CLOSED-END FUND MEMBERS NO. 18-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 10-92 INVESTMENT ADVISER MEMBERS NO. 14-92 OPERATIONS MEMBERS NO. 15-92 SEC RULES MEMBERS NO. 15-92 SMALL FUNDS MEMBERS NO. 4-92 STATE SECURITIES MEMBERS NO...
April 1, 1992 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 4-92 RE: RECENT OCC INTERPRETATIONS __________________________________________________________ Attached are two recent OCC interpretive letters that may be of interest to institutional funds. Investment Securities Letter No. 61...
March 31, 1992 TO: ACCOUNTING/TREASURERS MEMBERS NO. 18-92 OPERATIONS MEMBERS NO. 14-92 SEC RULES MEMBERS NO. 14-92 RE: MULTIPLE CLASS ACCOUNTING AND REPORTING __________________________________________________________ The attached paper describes the accounting operations and...
March 31, 1992 TO: DIRECT MARKETING COMMITTEE NO. 10-92 PUBLIC INFORMATION COMMITTEE NO. 12-92 SALES FORCE MARKETING COMMITTEE NO. 10-92 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 8-92 RE: GUEST SPEAKER AT COMMITTEE LUNCHEON--APRIL 9 _____________________________________________________...
March 31, 1992 TO: INVESTMENT ADVISERS COMMITTEE NO. 15-92 ARIZONA ASSOCIATE INVESTMENT ADVISER MEMBERS RE: ARIZONA INVESTMENT ADVISER/FINANCIAL PLANNER LEGISLATION FAILS TO PASS HOUSE COMMITTEE __________________________________________________________ Arizona currently does not...
March 30, 1992 TO: CLOSED-END FUND COMMITTEE NO. 5-92 RE: INSTITUTE REQUESTS INTERPRETIVE GUIDANCE CONCERNING THE TREATMENT OF OPTIONAL DISTRIBUTION PLANS UNDER SECTION 16 __________________________________________________________ The Institute submitted the attached letter to the SEC...
March 30, 1992 TO: STATE SECURITIES MEMBERS NO. 16-92 UNIT INVESTMENT TRUST MEMBERS NO. 23-92 SUBCOMMITTEE ON ADVERTISING NO. 5-92 RE: CONNECTICUT EXEMPTS FILING OF SALES LITERATURE __________________________________________________________ As you know, the Institute has been working...
- 1 - March 30, 1992 TO: INTERNATIONAL MEMBERS NO. 6-92 INVESTMENT ADVISER MEMBERS NO. 13-92 RE: GERMAN FINANCIAL MARKETS REGULATION __________________________________________________________ Counsel to the Institute has provided information about proposals issued by Germany's...
March 30, 1992 TO: BOARD OF GOVERNORS NO. 21-92 STATE SECURITIES MEMBERS NO. 15-92 INVESTMENT ADVISER MEMBERS NO. 12-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 9-92 SEC RULES COMMITTEE NO. 16-92 RE: INSTITUTE COMMENT LETTER ON 1992 CONFERENCE ON FEDERAL- STATE SECURITIES REGULATION _...
March 30, 1992 TO: SEC RULES COMMITTEE NO. 17-92 CLOSED-END FUND COMMITTEE NO. 4-92 RE: PROPOSED AMENDMENT TO NYSE PROXY VOTING REQUIREMENTS FOR INITIAL APPROVAL OF MANAGEMENT AGREEMENT __________________________________________________________ As you may recall, the Institute...
March 30, 1992 TO: STATE LIAISON COMMITTEE NO. 12-92 UNIT INVESTMENT TRUST COMMITTEE NO. 18-92 RE: MARYLAND FEE LEGISLATION AMENDED TO INCLUDE INDEFINITE REGISTRATION __________________________________________________________ As we previously advised you, legislation has been...
1 */ Rev. Proc. 91-36, for example, was discussed in and attached to Institute Memorandum to Accounting/Treasurers Committee No. 18-91, Closed-End Fund Members No. 28-91, Operations Members No. 18-91, Pension Members No. 25-91, Tax Members No. 26-91, Transfer Agent Advisory Committee...
11 See Institute Memoranda to Pension Members No. 3-92, dated February 27, 1992; and to Pension Members No. 4-92, dated March 17, 1992. March 27, 1992 TO: PENSION MEMBERS NO. 5-92 RE: TAX PROVISIONS OF THE MARCH 20, 1992 TAX BILL, WHICH WAS VETOED BY THE PRESIDENT ____________________...
March 26, 1992 TO: CONTRACTUAL PLANS COMMITTEE NO. 7-92 RE: NOTICE OF MEETING - MAY 20, 1992 __________________________________________________________ This is to advise you that there will be a meeting of the Contractual Plans Committee in Room 6 at the Ramada Renaissance Techworld...
March 26, 1992 TO: INVESTMENT ADVISERS COMMITTEE NO. 14-92 FLORIDA INVESTMENT ADVISER MEMBERS FLORIDA INVESTMENT ADVISER ASSOCIATE MEMBERS RE: INSTITUTE COMMENTS ON FLORIDA BRANCH OFFICE PROPOSAL __________________________________________________________ As you may recall, the Florida...
March 26, 1992 TO: SMALL FUNDS MEMBERS NO. 2-92 RE: NOTICE OF COMMITTEE MEETING - MAY 20, 1992 __________________________________________________________ This is to inform you that a Small Fund* Committee Meeting has been scheduled for Wednesday, May 20, 1992 from 9:30 a.m. until...
March 25, 1992 TO: PUBLIC INFORMATION COMMITTEE NO. 11-92 RE: NEWS MEDIA CONTACT LIST __________________________________________________________ Enclosed are the latest updates of our print news media and radio/tv contact lists. These are not our complete news media mailing lists...
11/ While the functional currency of most taxpayers is the U.S. dollar, in certain cases the functional currency of a "qualified business unit" may be the currency of the economic environment in which a significant part of the unit's activities are conducted. March 25, 1992 TO: TAX...
April 10, 1992 TO: TAX MEMBERS NO. 18-92 ACCOUNTING/TREASURERS MEMBERS NO. 15-92 RE: IRS REVISES REVENUE PROCEDURE RELATING TO CHANGES IN METHODS OF ACCOUNTING __________________________________________________________ The attached IRS Revenue Procedure (No. 92-20) sets forth the...
March 25, 1992 TO: TAX COMMITTEE NO. 10-92 PENSION COMMITTEE NO. 13-92 RE: PRELIMINARY AGENDAS FOR TAX AND PENSION COMMITTEE MEETINGS - TUESDAY, APRIL 7, 1992 __________________________________________________________ Attached are copies of the preliminary agendas for the Tax and...
March 25, 1992 TO: BOARD OF GOVERNORS NO. 20-92 SEC RULES COMMITTEE NO. 15-92 RE: SEC REGULATORY AND LEGISLATIVE PROPOSALS CONCERNING SMALL BUSINESS INITIATIVES __________________________________________________________ The Securities Exchange Commission has developed a package of...
11/ The pension simplification provisions are described in a separate memorandum to Pension Members. 22/ See Institute Memoranda to Tax Members No. 14-92, Closed-End Fund Members No. 12-92, Unit Investment Trust Members No. 17-92, Accounting/Treasurers Members No. 10-92, Operations...
