February 27, 1991 TO: TAX MEMBERS NO. 7-91 CLOSED-END FUND MEMBERS NO. 10-91 ACCOUNTING/TREASURERS MEMBERS NO. 7-91 RE: FINAL IRS REGULATIONS ON SOURCING OF INCOME FROM NOTIONAL PRINCIPAL AMOUNT CONTRACTS __________________________________________________________ The Internal Revenue...
1 February 27, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 8-91 OPERATIONS COMMITTEE NO. 6-91 RESEARCH COMMITTEE NO. 5-91 INDUSTRY STATISTICS COMMITTEE NO. 1-91 RE: TWO NEW FUND DATABASE SERVICES AVAILABLE FROM ICI __________________________________________________________ The Investment...
February 27, 1991 TO: CLOSED-END FUND MEMBERS NO. 11-91 RE: SEC ADOPTS AMENDMENTS TO RULES UNDER SECTION 16 __________________________________________________________ The SEC has adopted amendments to the rules under Section 16 of the Securities Exchange Act of 1934, governing...
February 27, 1991 TO: PENSION COMMITTEE NO. 5-91 RE: IRA ROLLOVER OF MILITARY SEPARATION PAY __________________________________________________________ Attached is a copy of S. 252 which was introduced last month by Senator Warner to amend the Code to allow individuals to transfer...
February 26, 1991 TO: INTERNATIONAL COMMITTEE NO. 1-91 RE: INITIAL MEETING __________________________________________________________ The first meeting of the International Committtee will be held on April 9 in the Institute’s conference room at 2:00 p.m. Please contact Betsy Teter at...
February 26, 1991 TO: SEC RULES COMMITTEE NO. 14-91 INTERNATIONAL COMMITTEE NO. 2-91 RE: LICENSING INVESTMENT TRUST MANAGEMENT COMPANIES IN JAPAN __________________________________________________________ As we previously advised you, the Japanese Ministry of Finance announced, in...
February 25, 1991 TO: TAX MEMBERS NO. 6-91 OPERATIONS MEMBERS NO. 7-91 CLOSED-END FUND MEMBERS NO. 9-91 UNIT INVESTMENT TRUST MEMBERS NO. 9-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 10-91 RE: TEMPORARY REGULATIONS ON INFORMATION REPORTING PENALTIES AND THE REASONABLE CAUSE WAIVER _____...
February 22, 1991 TO: STATE SECURITIES MEMBERS NO. 8-91 SEC RULES COMMITTEE NO. 13-91 RE: WISCONSIN DISCLOSURE REQUIREMENTS FOR A FUND CHANGING A NON-FUNDAMENTAL INVESTMENT OBJECTIVE __________________________________________________________ The Institute is pleased to inform you that...
February 22, 1991 TO: BOARD OF GOVERNORS NO. 14-91 SEC RULES COMMITTEE NO. 12-91 RE: INSTITUTE SUBMITS AMICUS BRIEF IN FUND PROXY CASE __________________________________________________________ The Institute has submitted an amicus curiae brief to the Supreme Court in the case Kamen v...
February 22, 1991 TO: SEC RULES MEMBERS NO. 13-91 RE: INSTITUTE COMMENT LETTER TO SEC ON NASD PROPOSAL TO REQUIRE DISCLOSURE OF DEFERRED SALES CHARGES ON CONFIRMATIONS __________________________________________________________ As we recently informed you, the SEC solicited comments on...
February 22, 1991 TO: SEC RULES MEMBERS NO. 12-91 UNIT INVESTMENT TRUST MEMBERS NO. 8-91 INVESTMENT ADVISER MEMBERS NO. 7-91 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 7-91 RE: SEC ADOPTS AMENDMENTS TO RULES UNDER SECTION 16 __________________________________________________________ The...
February 22, 1991 TO: COMPLIANCE COMMITTEE NO. 2-91 RE: DRAFT AGENDA FOR MARCH 5 MEETING __________________________________________________________ As we stated in the notice of the March 5 meeting, one of the topics that will be discussed at the meeting is NASD issues. (See...
February 22, 1991 TO: TAX MEMBERS NO. 5-91 ACCOUNTING/TREASURERS MEMBERS NO. 6-91 RE: IRS NOTICE ON CONTINGENT INSTRUMENTS __________________________________________________________ The attached IRS Notice states that the IRS will soon issue proposed regulations regarding debt...
- 1 - February 22, 1991 TO: BOARD OF GOVERNORS NO. 13-91 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 5-91 SEC RULES MEMBERS NO. 11-91 MONEY MARKET FUNDS AD HOC COMMITTEE NO. 6-91 PUBLIC INFORMATION COMMITTEE NO. 5-91 RE: SEC ADOPTS CHANGES TO MONEY MARKET FUND REGULATION ______________...
February 22, 1991 TO: PENSION COMMITTEE NO. 4-91 RE: INSTITUTE RECOMMENDS SARSEP REVISIONS __________________________________________________________ Last year, Senator David Pryor introduced the Employee Benefits Simplification Act which included a provision to expand the...
February 21, 1991 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 7-91 RE: NOTICE OF COCKTAIL RECEPTION/DINNER FOR COMMITEE MEMBERS ON FEBRUARY 27, 1991 __________________________________________________________ We want to invite each Broker/Dealer Advisory Committee member who will attend...
February 21, 1991 TO: OPERATIONS COMMITTEE NO. 5-91 RE: REMINDER NOTICE OF CHECK AGING STUDY MONTH OF MARCH, 1991 __________________________________________________________ This is to remind you that we will conduct a Check Aging Study for the month of March, 1991 (see memo to...
February 21, 1991 TO: TAX MEMBERS NO. 4-91 OPERATIONS MEMBERS NO. 6-91 CLOSED-END FUND MEMBERS NO. 8-91 UNIT INVESTMENT TRUST MEMBERS NO. 7-91 ACCOUNTING/TREASURERS MEMBERS NO. 5-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 9-91 RE: IRS REVENUE PROCEDURE ON GUIDELINES FOR SUBSTITUTE TAX...
February 20, 1991 TO: TRANSFER AGENT ADVISORY COMMITTEE NO. 8-91 RE: MEETING AGENDA - MARCH 5, 1991 __________________________________________________________ Attached is the agenda for the Transfer Agent Advisory Committee meeting starting at 9:30 a.m. on Tuesday, March 5, 1991 in...
February 19, 1991 TO: MARKETING COMMITTEE NO. 7-91 DIRECT MARKETING COMMITTEE NO. 6-91 SALES FORCE MARKETING COMMITTEE NO. 6-91 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 4-91 PUBLIC INFORMATION COMMITTEE NO. 4-91 RESEARCH COMMITTEE NO. 4-91 SMALL FUNDS COMMITTEE NO. 2-91 MEMBERS...
February 15, 1991 TO: INVESTMENT ADVISERS COMMITTEE NO. 6-91 RE: INSTITUTE RECOMMENDS ADVISER EXAMINATION RELIEF __________________________________________________________ On February 14, 1991, the Institute requested all state securities administrators to review their investment...
February 15, 1991 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 6-91 RE: AGENDA FOR MEETING - FEBRUARY 28, 1991 __________________________________________________________ Attached is the agenda for the February 28, 1991 meeting of the Broker/Dealer Advisory Committee. The meeting will...
February 15, 1991 TO: MEMBERS - ONE PER COMPLEX NO. 7-91 OPERATIONS MEMBERS NO. 5-91 TRANSFER AGENT ADVISORY COMMITTEE NO. 7-91 RE: POSTAL SERVICE ISSUES FINAL RULE ON ELIGIBILITY REQUIREMENTS FOR AUTOMATED RATE CATEGORIES __________________________________________________________ The...
February 15, 1991 TO: PUBLIC INFORMATION COMMITTEE NO. 3-91 RE: TALKING POINTS ON MONEY FUNDS __________________________________________________________ Enclosed is a revised version of the money market fund document which we previously sent you. We appreciate the suggested changes...
February 15, 1991 TO: BOARD OF GOVERNORS NO. 12-91 RE: Organizational Matters __________________________________________________________ In conjunction with the plan for Matthew Fink to assume the Institute’s Presidency upon David Silver’s retirement on October 1, 1991, the Executive...
