June 10, 1991 TO: BOARD OF GOVERNORS NO. 40-91 MEMBERS - ONE PER COMPLEX NO. 26-91 DIRECT MARKETING COMMITTEE NO. 20-91 MARKETING COMMITTEE NO. 25-91 PUBLIC INFORMATION COMMITTEE NO. 22-91 RESEARCH COMMITTEE NO. 18-91 SALES FORCE MARKETING COMMITTEE NO. 21-91 SHAREHOLDER...
June 7, 1991 TO: TAX COMMITTEE NO. 15-91 MEMBERS - ONE PER COMPLEX NO. 24-91 RE: START-UP EXPENSE MEETING - JUNE 24, 1991 __________________________________________________________ A meeting has been scheduled for 10:00 a.m. on Monday, June 24th to discuss the Institute's response to...
June 7, 1991 TO: DANIEL MACLEAN - DREYFUS ROBERT HARRIS - MERRILL LYNCH ASSET MGMT. SAMUEL BEARDSLEY - T. ROWE PRICE STEPHEN KEEN - FEDERATED INVESTORS G. ANDREW BONNEWELL - FEDERATED INVESTORS ROBERT GLASSMAN - DEAN WITTER INTERCAPITAL SUSAN BENDER - CALVERT GROUP THOMAS MAHER -...
June 6, 1991 TO: INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 22-91 INVESTMENT ADVISER MEMBERS NO. 22-91 RE: NASD SOLICITS COMMENTS ON COMPENSATION ARRANGEMENTS FOR INVESTMENT ADVISORY ACTIVITIES OF REGISTERED REPRESENTATIVES __________________________________________________________ The...
June 5, 1991 TO: PUBLIC INFORMATION COMMITTEE NO. 20-91 RE: July 17 Meeting and Other Matters __________________________________________________________ A majority of you have voted for a committee meeting this summer, with New York City and Wednesday, July 17 being the preferred...
June 5, 1991 TO: OPERATIONS COMMITTEE NO. 17-91 RE: NOTICE OF MEETING - JUNE 27, 1991 SECOND REQUEST - PLEASE RESPOND __________________________________________________________ This is to confirm that there will be a meeting of the Operations Committee starting at 10:00 a.m. in the...
June 5, 1991 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 11-91 RE: NOTICE OF MEETING - JUNE 25, 1991 SECOND REQUEST - PLEASE RESPOND __________________________________________________________ This is to confirm that there will be a meeting of the Accounting/Treasurers Committee starting...
June 4, 1991 TO: SEC RULES MEMBERS NO. 35-91 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 14-91 MONEY MARKET FUNDS AD HOC COMMITTEE NO. 13-91 RE: SEC RELEASE ADOPTING EXCLUSION FOR TAX-EXEMPT MONEY MARKET FUNDS FROM BOARD RATIFICATION REQUIREMENT ________________________________________...
June 4, 1991 TO: STATE SECURITIES MEMBERS NO. 24-91 UNIT INVESTMENT TRUST MEMBERS NO. 21-91 RE: PUERTO RICO CONTINUES TO ACCEPT FILINGS IN ENGLISH __________________________________________________________ On April 5, 1991, the Governor of Puerto Rico signed into law Act Number 4 (the...
June 4, 1991 TO: BOARD OF GOVERNORS NO. 38-91 TAX COMMITTEE NO. 14-91 12b-1 AD HOC COMMITTEE RE: INSTITUTE RESPONSE TO IRS PROPOSED COORDINATED ISSUE PAPER ON DEDUCTIBILITY OF 12b-1 COMMISSION EXPENSES __________________________________________________________ As you may know, the IRS...
June 4, 1991 TO: PENSION COMMITTEE NO. 13-91 RE: DOL SCHEDULES HEARING ON 404(C) REGULATION __________________________________________________________ Attached is a notice of the hearing scheduled by the Department of Labor on its proposed regulation under ERISA section 404(c)...
June 4, 1991 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 10-91 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: AICPA DRAFT STATEMENTS OF POSITION (SOPs) __________________________________________________________ Enclosed for your review and comment are the current drafts of SOPs proposed by...
June 4, 1991 TO: PENSION MEMBERS NO. 21-91 OPERATIONS MEMBERS NO. 13-91 INVESTMENT ADVISER MEMBERS NO. 21-91 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 21-91 TAX MEMBERS NO. 18-91 ACCOUNTING/TREASURERS MEMBERS NO. 13-91 MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 9-91 MEMBERS - ONE PER...
June 4, 1991 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 15-91 CLOSED-END FUND MEMBERS NO. 23-91 TAX MEMBERS NO. 19-91 RE: MINNESOTA REPORTING REQUIREMENT FOR EXEMPT INTEREST DIVIDEND __________________________________________________________ In the final days of the Minnesota...
June 3, 1991 TO: INTERNATIONAL COMMITTEE NO. 7-91 RE: NORTON ROSE LETTER REGARDING RECENT DEVELOPMENTS IN THE EC __________________________________________________________ Attached is the latest letter from Norton Rose regarding mutual fund developments in the European Community. The...
June 3, 1991 TO: SEC RULES MEMBERS NO. 34-91 RE: SEC APPROVES NYSE OFF-HOURS TRADING; FUNDS NOT REQUIRED TO AMEND PROSPECTUS DISCLOSURE __________________________________________________________ The SEC recently approved changes to the New York Stock Exchange's rules to extend the...
-1- May 31, 1991 TO: BOARD OF GOVERNORS NO. 37-91 RE: HOUSE SUBCOMMITTEE REPORTS ADMINISTRATION'S FINANCIAL SERVICES RESTRUCTURING LEGISLATION __________________________________________________________ On May 23, the Subcommittee on Financial Institutions Supervision, Regulation and...
May 31, 1991 TO: SEC RULES COMMITTEE NO. 31-91 INTERNATIONAL MEMBERS NO. 2-91 RE: REPORTING REQUIREMENTS APPLICABLE UNDER GERMAN LAW TO U.S. INVESTMENT COMPANIES AND ADVISERS INVESTING IN GERMANY __________________________________________________________ In response to our inquiry...
May 31, 1991 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 13-91 MONEY MARKET FUNDS AD HOC COMMITTEE NO. 12-91 RE: SEC ADOPTS AMENDMENTS TO RULE 2a-7 TO EXCLUDE TAX-EXEMPT MONEY MARKET FUNDS FROM BOARD RATIFICATION REQUIREMENT _________________________________________________________...
May 30, 1991 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 18-91 RE: 1. MEETING AGENDA FOR JUNE 13, 1991 2. MEETING MINUTES FOR FEBRUARY 28, 1991 __________________________________________________________ Attached for your information are: 1. Agenda for June 13, 1991 Meeting 2. Minutes for...
May 30, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 22-91 CLOSED-END FUND MEMBERS NO. 22-91 INVESTMENT ADVISER MEMBERS NO. 20-91 SEC RULES MEMBERS NO. 33-91 UNIT INVESTMENT TRUST MEMBERS NO. 20-91 RE: SUMMARY OF SEC NO-ACTION AND INTERPRETIVE LETTERS - SERIES 51 ___________________________...
May 30, 1991 TO: PENSION MEMBERS NO. 20-91 RE: REPORTING DESERT STORM IRA CONTRIBUTIONS __________________________________________________________ As we previously informed you, a taxpayer who served in Operation Desert Storm may make an individual retirement account contribution for...
May 29, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 21-91 OPERATIONS MEMBERS NO. 12-91 DIRECT MARKETING COMMITTEE NO. 17-91 MARKETING COMMITTEE NO. 22-91 RESEARCH COMMITTEE NO. 15-91 SALES FORCE MARKETING COMMITTEE NO. 18-91 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 15-91 SMALL FUNDS...
May 29, 1991 TO: BOARD OF GOVERNORS NO. 36-91 SEC RULES COMMITTEE NO. 30-91 RE: SUPREME COURT OVERTURNS DECISION IN FUND PROXY CASE __________________________________________________________ The U.S. Supreme Court has overturned the decision of the Court of Appeals for the Seventh...
