May 17, 1991 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 9-91 RE: NOTICE OF MEETING - JUNE 25, 1991 __________________________________________________________ This is to advise you that there will be a meeting of the Accounting/Treasurers Committee starting at 10:00 a.m. on Tuesday, June...
May 17, 1991 TO: TAX MEMBERS NO. 14-91 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 9-91 RE: RHODE ISLAND PROCEDURES RELATING TO PASS-THROUGH OF FEDERAL OBLIGATION INTEREST __________________________________________________________ Rhode Island has previously responded to Institute...
May 17, 1991 TO: FEDERAL LEGISLATION MEMBERS NO. 5-91 RE: INSTITUTE TESTIMONY ON FINANCIAL SERVICES RESTRUCTURING __________________________________________________________ Today, the Institute testified before the Senate Banking Committee on the Administration's comprehensive bill to...
May 17, 1991 TO: MARKETING COMMITTEE NO. 19-91 SALES FORCE MARKETING COMMITTEE NO. 15-91 RE: MINUTES OF THE LAST SALES FORCE MARKETING COMMITTEE MEETING __________________________________________________________ Enclosed are minutes of the April 24 meeting of the Sales Force Marketing...
May 17, 1991 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 2-91 RE: OCC INTERPRETATIONS CONCERNING ACCEPTANCE OF BENEFITS BY BANK FIDUCIARIES __________________________________________________________ As you may recall, several members of the Institutional Funds Committee had submitted to the...
May 16, 1991 TO: SEC RULES COMMITTEE NO. 28-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 25-91 RE: INSTITUTE SUBMISSION TO SEC STAFF ON FUND LIABILITY FOR TELEPHONE TRANSACTIONS __________________________________________________________ As we recently informed you, the Institute has...
May 16, 1991 TO: PENSION MEMBERS NO. 19-91 RE: TAXPAYER CANNOT AVOID PREMATURE WITHDRAWAL PENALTY ON SYSTEMATIC PAYMENTS FROM VARIABLE ANNUITY __________________________________________________________ Individuals who withdraw funds from an IRA or other qualified retirement program...
May 14, 1991 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 15-91 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGEMENT STATUS REPORT __________________________________________________________ Enclosed is a copy of the Registration Status Report as of April 30, 1991...
May 14, 1991 TO: BOARD OF GOVERNORS NO. 33-91 SEC RULES MEMBERS NO. 30-91 RULE 12b-1 AD HOC COMMITTEE RE: INSTITUTE FILES COMMENT LETTER WITH SEC URGING PROMPT APPROVAL OF NASD PROPOSAL TO REGULATE ASSET-BASED SALES CHARGES __________________________________________________________ As...
May 13, 1991 TO: SEC RULES MEMBERS NO. 29-91 CLOSED-END FUND MEMBERS NO. 20-91 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 18-91 SECTION 16 TASK FORCE RE: SEC STAFF ISSUES INTERPRETIVE LETTER REGARDING APPLICATION OF SECTION 16 TO INVESTMENT COMPANIES AND TO CONTROLLING PERSONS OF...
May 13, 1991 TO: SEC RULES COMMITTEE NO. 27-91 MONEY MARKET FUNDS AD HOC COMMITTEE NO. 11-91 RE: INSTITUTE COMMENTS ON SEC PROPOSAL TO EXCLUDE TAX-EXEMPT MONEY MARKET FUNDS FROM BOARD RATIFICATION REQUIREMENT __________________________________________________________ As you know, the...
May 13, 1991 TO: TRANSFER AGENT ADVISORY COMMITTEE NO. 24-91 RE: NOTICE OF MEETING - JUNE 19, 1991 SECOND REQUEST - PLEASE RESPOND __________________________________________________________ This is to advise you that there will be a meeting of the Transfer Agent Advisory Committee...
May 13, 1991 TO: INDUSTRY STATISTICS COMMITTEE NO. 7-91 RE: JUNE MEETINGS @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ Members of the Committee were invited to attend, on May 7th, a presentation by four vendors who plan to offer either a service or a product via FUNDS II...
May 13, 1991 TO: OPERATIONS COMMITTEE NO. 15-91 PENSION COMMITTEE NO. 12-91 RE: PROCEDURE FOR REPORTING DESERT STORM IRA CONTRIBUTIONS __________________________________________________________ Attached is a draft letter to the Internal Revenue Service regarding the method by which...
May 13, 1991 TO: CLOSED-END FUND COMMITTEE NO. 10-91 SECTION 16 TASK FORCE RE: INSTITUTE REQUESTS CLARIFICATION OF DEFINITION OF "OFFICER" UNDER SECTION 30(f) OF THE 1940 ACT __________________________________________________________ The Institute submitted the attached letter to the...
May 10, 1991 TO: PENSION MEMBERS NO. 18-91 RE: INSTITUTE COMMENT LETTER ON PROPOSED REGULATION CONCERNING ERISA SECTION 404(c) PARTICIPANT DIRECTED INDIVIDUAL ACCOUNT PLANS __________________________________________________________ Attached is a copy of the Institute comment letter on...
May 9, 1991 TO: STATE SECURITIES MEMBERS NO. 21-91 RE: COLORADO RECOMMENDS FUNDS DELAY SUBMITTING RENEWALS __________________________________________________________ As you know, legislation was effective July 1, 1990 in Colorado that completely revised the Colorado Securities Act and...
May 9, 1991 TO: BOARD OF GOVERNORS NO. 32-91 FEDERAL LEGISLATION COMMITTEE NO. 6-91 TAX COMMITTEE NO. 12-91 ACCOUNTING/TREASURERS COMMITTEE NO. 8-91 INVESTMENT ISSUES COMMITTEE NO. 2-91 RE: LETTERS IN SUPPORT OF REPEAL OF 30 PERCENT TEST _______________________________________________...
May 9, 1991 TO: MARKETING COMMITTEE NO. 18-91 RE: MEETING ON JUNE 25, 1991 __________________________________________________________ The next meeting of the Marketing Committee will be held at the Institute offices in Washington, DC at 10:00 am on Tuesday, June 25, 1991. Lunch will...
May 9, 1991 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 1-91 RE: NOTICE OF MEETING - JUNE 6, 1991 __________________________________________________________ The next meeting of the Institutional Committee has been scheduled for Thursday, June 6, 1991, at 1:30 p.m. The meeting will be held...
May 8, 1991 TO: BOARD OF GOVERNORS NO. 31-91 EXECUTIVE COMMITTEE NO. 9-91 RE: PRIVATE RECEPTION WITH SENATE FINANCE COMMITTEE CHAIRMAN LLOYD BENTSEN __________________________________________________________ In conjunction with the Executive Committee, Board of Governors and General...
May 8, 1991 TO: STATE SECURITIES MEMBERS NO. 20-91 UNIT INVESTMENT TRUST MEMBERS NO. 19-91 RE: IOWA ADOPTS INDEFINITE REGISTRATION PROVISION __________________________________________________________ Legislation amending the Iowa Securities Act has been signed by the Governor and...
- 1 - May 8, 1991 TO: TAX MEMBERS NO. 13-91 RE: PRIVATE LETTER RULING ON "HUB AND SPOKE" STRUCTURE __________________________________________________________ Enclosed is a copy of one of thirteen virtually identical Private Letter Rulings regarding what is believed to be the Signature...
May 6, 1991 TO: PUBLIC INFORMATION COMMITTEE NO. 16-91 RE: Public Information Committee Summer Meeting __________________________________________________________
May 6, 1991 TO: BOARD OF GOVERNORS NO. 30-91 TAX MEMBERS NO. 12-91 OPERATIONS COMMITTEE NO. 14-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 23-91 RE: CONGRESSIONAL PROPOSAL TO REQUIRE SHAREHOLDER BASIS REPORTING __________________________________________________________ As you may know...
