January 13, 1992 TO: TAX MEMBERS NO. 3-92 ACCOUNTING/TREASURERS MEMBERS NO. 1-92 CLOSED-END FUND MEMBERS NO. 2-92 UNIT INVESTMENT TRUST MEMBERS NO. 2-92 RE: IRS ANNOUNCES REVISION TO FORM 5452 (CORPORATE REPORT OF NONDIVIDEND DISTRIBUTIONS) ____________________________________________...
January 13, 1992 TO: INVESTMENT ADVISERS COMMITTEE NO. 2-92 RE: MARYLAND LEGISLATION CONCERNING CHFC DESIGNATION __________________________________________________________ Attached is a copy of legislation recently introduced in the Maryland House of Delegates to clarify that a person...
January 10, 1992 TO: TAX MEMBERS NO. 2-92 OPERATIONS MEMBERS NO. 1-92 CLOSED-END FUND MEMBERS NO. 1-92 UNIT INVESTMENT TRUST MEMBERS NO. 1-92 TRANSFER AGENT ADVISORY COMMITTEE NO. 1-92 RE: FINAL REGULATIONS ON INFORMATION REPORTING PENALTIES AND THE REASONABLE CAUSE WAIVER ___________...
January 10, 1992 TO: SEC RULES MEMBERS NO. 1-92 RE: SEC ADOPTS RULE AMENDMENTS REQUIRING BANKS AND BROKERS TO FORWARD CERTAIN SHAREHOLDER COMMUNICATIONS TO BENEFICIAL OWNERS __________________________________________________________ The SEC has adopted amendments to certain rules...
January 10, 1992 TO: PENSION COMMITTEE NO. 2-92 RE: IOWA PENSION WITHHOLDING REQUIREMENT __________________________________________________________ As we recently informed you, Iowa has enacted a requirement that state income tax be withheld from pensions, annuities and other similar...
January 10, 1992 TO: PENSION COMMITTEE NO. 3-92 RE: PROPOSED INSTITUTE QUARTERLY PENSION QUESTIONNAIRE __________________________________________________________ The Institute is developing a quarterly questionnaire designed to collect from its members detailed information concerning...
January 9, 1992 TO: INVESTMENT ISSUES COMMITTEE NO. 1-92 RE: NOTICE OF MEETING - WEDNESDAY, JANUARY 29, 1992 @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ A meeting of the Investment Issues Committee has been scheduled for Wednesday, January 29, 1992, commencing...
January 9, 1992 TO: BOARD OF GOVERNORS NO. 1-92 RE: DISCUSSION OF ICI EDUCATION FOUNDATION AT WINTER MEETING __________________________________________________________ January 30, the second day of our ICI Board meeting in Nevis, will open with a discussion of the ICI Education...
January 9, 1992 TO: BOARD OF GOVERNORS NO. 2-92 RE: SCHEDULE OF ACTIVITIES FOR THE JANUARY 28-30, 1992 MEETINGS __________________________________________________________ SCHEDULE OF EVENTS Attached is a schedule for the meetings of the Board of Governors at the Four Seasons Resort in...
January 9, 1992 TO: PUBLIC INFORMATION COMMITTEE NO. 2-92 RE: LOCAL MEDIA CONTACT LIST __________________________________________________________ I've attached a copy of a suggested Local Media Contact List that would be used by local TV, and radio journalists to find mutual fund...
January 8, 1992 TO: INVESTMENT ADVISERS COMMITTEE NO. 1-92 RE: FEBRUARY 6 HEARING ON CALIFORNIA FAIR POLITICAL PRACTICES COMMISSION PROPOSALS __________________________________________________________ As we previously informed you, the California Fair Political Practices Commission...
January 8, 1992 TO: MONEY MARKET FUNDS AD HOC COMMITTEE NO. 1-92 RE: JANUARY 30 MEETING TO DISCUSS TECHNICAL ISSUES UNDER RULE 2a-7 __________________________________________________________ As we previously informed you, at the November 6 meeting of the ad hoc committee it was...
January 7, 1992 TO: SUBCOMMITTEE ON ADVERTISING NO. 1-92 1990 AD HOC COMMITTEE RE: INSTITUTE LETTER ON RULE 482 LIABILITY __________________________________________________________ As we previously informed you, the NASD requested that the Institute provide a formal statement of its...
January 7, 1992 TO: MARKETING POLICY COMMITTEE NO. 1-92 RE: MEETING NOTICE, FRIDAY, JANUARY 24, 1992 __________________________________________________________ A meeting of the Marketing Policy Committee has been called for 11:00 am Friday, January 24, 1992 at the Disney Yacht Club...
January 7, 1992 TO: DIRECT MARKETING COMMITTEE NO. 1-92 PUBLIC INFORMATION COMMITTEE NO. 1-92 SALES FORCE MARKETING COMMITTEE NO. 1-92 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 1-92 RE: 1992 COMMITTEE MEETINGS AND SEMINARS __________________________________________________________ To...
January 7, 1992 TO: SEC RULES COMMITTEE NO. 1-92 RE: OUTSTANDING ISSUES UNDER NASD ASSET-BASED SALES CHARGE PROPOSAL AND RULE 12b-1 __________________________________________________________ As you know, the Institute recently filed a supplemental submission with the Securities and...
January 7, 1992 TO: PENSION COMMITTEE NO. 1-92 RE: PRELIMINARY AGENDA FOR PENSION COMMITTEE MEETING -- THURSDAY, JANUARY 16, 1992 __________________________________________________________ Attached is a copy of the preliminary agenda for the Pension Committee Meeting, on Thursday...
January 6, 1992 TO: STATE SECURITIES MEMBERS NO. 2-92 RE: CORRECTION - SOUTH DAKOTA SECURITIES DIVISION POSITION ON RULE 144A SECURITIES __________________________________________________________ The Institute previously advised you that securities eligible for resale pursuant to Rule...
January 6, 1992 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 1-92 TAX MEMBERS NO. 1-92 RE: THRESHOLD REQUIREMENT FOR PASS-THROUGH OF VERMONT OBLIGATION INTEREST REPEALED AS OF JANUARY 1, 1992 __________________________________________________________ Pursuant to the attached...
January 3, 1992 TO: INVESTMENT ADVISER MEMBERS NO. 1-92 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 1-92 RE: TWO INVESTMENT ADVISERS AND THEIR SOLE OWNER ENJOINED FOR ALLEGEDLY DEFRAUDING MUNICIPAL CLIENTS __________________________________________________________ The U.S. District Court...
January 3, 1992 TO: STATE SECURITIES MEMBERS NO. 1-92 RE: IDAHO TO REQUIRE SEPARATE REGISTRATION OF SERIES FUNDS __________________________________________________________ The Idaho Securities Division has announced that effective April 1, 1992, separate registration of all portfolios...
January 3, 1992 TO: INTERNATIONAL MEMBERS NO. 1-92 RE: SIB REVIEW OF POLARISATION AND REGULATORY ORGANIZATIONS __________________________________________________________ Attached is a letter from Norton Rose regarding the Securities and Investment Board's review of a number of issues...
January 3, 1992 TO: MEMBERS - ONE PER COMPLEX NO. 1-92 RE: EXPANDED STATISTICAL COLLECTION AND DISSEMINATION PROGRAM __________________________________________________________ I. Background The growth and diversity of the mutual fund industry, as well as the increase in public, media...
January 3, 1992 TO: YIELD ENHANCEMENT TASK FORCE NO. 1-92 RE: MEETING TO FINALIZE RECOMMENDED ENHANCEMENT DISCLOSURE __________________________________________________________ The next meeting of the Institute's Yield Enhancement Task Force has been scheduled for Thursday, January 23...
January 2, 1992 TO: TAX COMMITTEE NO. 1-92 UNIT INVESTMENT TRUST COMMITTEE NO. 1-92 RE: LETTER TO GEORGIA TAX COMMISSIONER ON IMPOSITION OF INTANGIBLES TAX ON SINGLE-STATE GEORGIA UITS __________________________________________________________ At the last Unit Investment Trust...
