December 3, 1991 TO: CLOSED-END FUND MEMBERS NO. 52-91 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 31-91 TAX MEMBERS NO. 57-91 RE: MINNESOTA CLARIFIES NEW EXEMPT-INTEREST REPORTING REQUIREMENTS __________________________________________________________ As we previously informed you...
December 2, 1991 TO: PENSION MEMBERS NO. 38-91 RE: IRS AFFIRMS PRIOR PRIVATE LETTER RULING CONCERNING PREMATURE WITHDRAWAL PENALTY ON SYSTEMATIC PAYMENTS FROM VARIABLE ANNUITY __________________________________________________________ Earlier this year, the Internal Revenue Service...
December 2, 1991 TO: STATE SECURITIES MEMBERS NO. 52-91 UNIT INVESTMENT TRUST MEMBERS NO. 61-91 BLUE SKY GUIDE RECIPIENTS RE: CALIFORNIA RAISES FILING AND REGISTRATION FEES __________________________________________________________ The California Department of Corporations has issued...
November 29, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 64-91 RE: Letter Accompanying 1992 Dues Letter __________________________________________________________ We have discovered a typographical error on page 2 of the letter from Institute Chairman, James Riepe that accompanied the 1992...
November 27, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 63-91 CLOSED-END FUND MEMBERS NO. 51-91 TAX MEMBERS NO. 56-91 UNIT INVESTMENT TRUST MEMBERS NO. 60-91 ACCOUNTING/TREASURERS MEMBERS NO. 32-91 RE: HAWAII CHANGES TREATMENT OF DIVIDENDS DERIVED FROM INCOME ON REPURCHASE AGREEMENTS WITH...
November 27, 1991 TO: SEC RULES COMMITTEE NO. 70-91 RE: NOTICE OF INFORMAL MEETING WITH SEC STAFF MEMBERS ON DECEMBER 12 __________________________________________________________ For the last several years, in conjunction with the Procedures Conference, the Institute has scheduled...
November 27, 1991 TO: INTERNATIONAL COMMITTEE NO. 28-91 RE: COMPENDIUM OF FOREIGN INVESTMENT RESTRICTIONS AND REPORTING REQUIREMENTS __________________________________________________________ As discussed at the meeting of the International Committee on November 21, the Institute has...
November 26, 1991 TO: SEC RULES COMMITTEE NO. 69-91 INVESTMENT ADVISERS COMMITTEE NO. 58-91 INVESTMENT ISSUES COMMITTEE NO. 19-91 RE: SEC EXTENDS COMMENT PERIOD FOR LARGE TRADER REPORTING PROPOSAL __________________________________________________________ As we previously informed you...
- 1 - November 26, 1991 TO: TAX MEMBERS NO. 54-91 OPERATIONS MEMBERS NO. 32-91 CLOSED-END FUND MEMBERS NO. 50-91 UNIT INVESTMENT TRUST MEMBERS NO. 58-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 58-91 RE: IRS ANNOUNCES DELAY IN COMMENCEMENT OF BACKUP WITHHOLDING WHEN 2 "B NOTICES"...
November 26, 1991 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 29-91 TAX COMMITTEE NO. 37-91 UNIT INVESTMENT TRUST COMMITTEE NO. 42-91 RE: DISTRICT OF COLUMBIA MAYOR SIGNS BILL REPEALING TAX ON NON-DISTRICT OF COLUMBIA MUNICIPAL OBLIGATIONS __________________________________________...
November 26, 1991 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 41-91 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGEMENT STATUS REPORT __________________________________________________________ Enclosed is a copy of the Registration Status Report as of October 31...
November 26, 1991 TO: SUBCOMMITTEE ON ADVERTISING NO. 6-91 RE: LETTER TO STAFF ON COMPARATIVE ADVERTISEMENTS __________________________________________________________ Attached is the Institute's letter to the staff of the Division of Investment Management concerning advertisements...
November 26, 1991 TO: MONEY MARKET FUNDS AD HOC COMMITTEE NO. 30-91 INVESTMENT ISSUES COMMITTEE NO. 20-91 RE: COMMISSIONER ROBERTS' REMARKS AT INSTITUTE CONFERENCE ON CREDITORS' RIGHTS ISSUES __________________________________________________________ SEC Commissioner Richard Y...
November 26, 1991 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 8-91 RE: MEETING NOTICE - DECEMBER 16, 1991 __________________________________________________________ The next meeting of the Institutional Funds Committee has been scheduled for Monday, December 16, 1991, at 10:00 a.m. The...
November 26, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 62-91 TAX COMMITTEE NO. 36-91 OPERATIONS COMMITTEE NO. 37-91 CLOSED-END FUND COMMITTEE NO. 31-91 UNIT INVESTMENT TRUST COMMITTEE NO. 41-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 57-91 RE: IRS ANNOUNCES DELAY IN IMPOSITION OF BACKUP...
November 26, 1991 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 40-91 RE: MUTUAL FUND STATUS REPORT FOR MONTH ENDING OCTOBER, 1991 __________________________________________________________ Attached is a copy of the Mutual Funds Status Report for the month ending October, 1991. We will...
- 1 - November 26, 1991 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 30-91 TAX MEMBERS NO. 55-91 UNIT INVESTMENT TRUST MEMBERS NO. 59-91 RE: INSTITUTE COMMENTS ON PROPOSED DISTRICT OF COLUMBIA REGULATIONS ON REPORTING INTEREST ON NON-DISTRICT BONDS __________________________________...
November 25, 1991 TO: MONEY MARKET FUNDS AD HOC COMMITTEE NO. 29-91 RE: INSTITUTE MEETING WITH SEC STAFF CONCERNING INVERSE FLOATERS __________________________________________________________ At the November 6 meeting of the ad hoc committee, it was decided that the Institute should...
November 25, 1991 TO: DIRECT MARKETING COMMITTEE NO. 39-91 PUBLIC INFORMATION COMMITTEE NO. 37-91 SALES FORCE MARKETING COMMITTEE NO. 37-91 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 34-91 RE: NASD Notice on Comparing CDs to Bond Funds ___________________________________________________...
November 22, 1991 TO: TAX MEMBERS NO. 53-91 RE: EXEMPTION FROM DELAWARE CORPORATE INCOME TAX FOR REGULATED INVESTMENT COMPANIES __________________________________________________________ The attached Tax Ruling 91-1 from the Delaware Division of Revenue clarifies the treatment of...
November 22, 1991 TO: INSURANCE BROKER-DEALER ADVISORY COMMITTEE NO. 11-91 RE: NOTICE OF MEETING - FEBRUARY 28, 1992 __________________________________________________________ This is to notify you that there will be a meeting of the Insurance Broker/Dealer Advisory Committee on...
November 22, 1991 TO: SEC RULES COMMITTEE NO. 67-91 UNIT INVESTMENT TRUST COMMITTEE NO. 40-91 RE: SEC EXTENDS DEADLINE FOR COMMENTS ON PROPOSED TEMPORARY BROKER-DEALER RISK ASSESSMENT RULES __________________________________________________________ As we previously informed you, the...
November 21, 1991 TO: STATE SECURITIES MEMBERS NO. 51-91 UNIT INVESTMENT TRUST MEMBERS NO. 57-91 RE: PROCEDURES FOR THE REGISTRATION OF SERIES FUNDS IN KENTUCKY AND SOUTH DAKOTA __________________________________________________________ The Institute recently received the attached...
November 21, 1991 TO: PENSION COMMITTEE NO. 36-91 RE: TRANSITIONAL RULES FOR NONDISCRIMINATION REGULATIONS __________________________________________________________ Attached is a copy of IRS Notice 91-38, which provides for certain transitional rules for the recently finalized...
