November 26, 1990 TO: SEC RULES COMMITTEE NO. 63-90 INTERNATIONAL FUNDS TASK FORCE NO. 28-90 RE: INSTITUTE COMMENT LETTER ON PROPOSED AMENDMENTS TO RULE 6c-9 __________________________________________________________ Attached is a copy of the Institute's comment letter on the proposed...
November 26, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 74-90 RE: RHODE ISLAND ADOPTS MANUAL EXEMPTION RULE __________________________________________________________ The Rhode Island Securities Division recently proposed a package of rules to give effect to certain provisions of the...
- 1 - November 21, 1990 TO: TAX MEMBERS NO. 49-90 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 16-90 RE: CALIFORNIA TREATMENT (FOR PASS-THROUGH PURPOSES) OF U.S. TERRITORY AND AGENCY OBLIGATIONS __________________________________________________________ As we previously informed you...
November 21, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 36-90 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: REMINDER NOTICE OF MEETING - DECEMBER 13, 1990 __________________________________________________________ As we have not heard from a number of Accounting/Treasurers Committee...
November 21, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 42-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING OCTOBER, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending October, 1990. We will continue...
November 21, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 51-90 CLOSED-END FUND MEMBERS NO. 46-90 TAX MEMBERS NO. 48-90 UNIT INVESTMENT TRUST MEMBERS NO. 73-90 ACCOUNTING/TREASURERS MEMBERS NO. 23-90 RE: 1990 SURVEYS OF STATE INCOME TAXATION _________________________________________________...
November 21, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 54-90 RE: Proposed New Dues Schedule __________________________________________________________ As you know, over the past several weeks we have been reviewing the formula that has been used for several years to compute...
1 * The references in the opinion attached hereto to Section 33(b) of the 1940 Act appear to be in error. The confusion probably results from the fact that the full statutory cite for Section 34(b) of the 1940 Act is 15 U.S.C. Section 80a-33(b). The earlier opinion mistakenly referred...
November 21, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 53-90 RE: USE OF LONG TERM PERFORMANCE FIGURES ON SECONDARY TRUSTS __________________________________________________________ At the most recent meeting of the Unit Investment Trust Committee, we discussed the feasibility of...
November 20, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 51-90 RE: USE OF LONG TERM PERFORMANCE FIGURES ON SECONDARY TRUSTS __________________________________________________________ At the most recent meeting of the Unit Investment Trust Committee, we discussed the feasibility of...
November 20, 1990 TO: SEC RULES MEMBERS NO. 77-90 RE: COURT FINDS NO PRIVATE RIGHT OF ACTION UNDER SECTION 37 OF THE 1940 ACT __________________________________________________________ In a recent derivative action brought in federal district court by a fund shareholder alleging...
-1- November 20, 1990 TO: INSTITUTIONAL FUNDS COMMITTEE NO. 5-90 RE: RECENT OCC LETTERS ON ACCEPTANCE OF BENEFITS __________________________________________________________ Attached are three interpretive letters recently issued by the Office of the Comptroller of the Currency...
November 20, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 41-90 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 20, 1990 TO: SEC RULES MEMBERS NO. 78-90 UNIT INVESTMENT TRUST MEMBERS NO. 72-90 CLOSED-END FUND MEMBERS NO. 44-90 RE: SEC APPROPRIATIONS BILL MAKES PERMANENT LAST YEAR'S REGISTRATION FEE INCREASE; PRESIDENT SIGNS "SECURITIES ACT AMENDMENTS OF 1990" __________________________...
November 20, 1990 TO: OPERATIONS COMMITTEE NO. 26-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 46-90 RE: POSTAL SERVICE AUTOMATION BASED RATE REQUIREMENTS __________________________________________________________ Enclosed for your information is a copy of the recent proposed postal...
November 19, 1990 TO: INTERNATIONAL FUNDS TASK FORCE NO. 27-90 RE: SEC ISSUES REVISED PROPOSAL TO FACILITATE CROSS-BORDER SECURITIES OFFERINGS CERTAIN CANADIAN ISSUERS __________________________________________________________ The SEC recently published for comment revised proposed...
November 19, 1990 TO: OPERATIONS COMMITTEE NO. 25-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 45-90 RE: SECOND REQUEST FOR COMPLETION OF VOICE-INITIATED TRANSACTION PROCEDURES QUESTIONNAIRE __________________________________________________________ On October 18, 1990, the attached...
November 19, 1990 TO: MARKETING COMMITTEE NO. 24-90 RE: FUTURE MARKETING COMMITTEE MEETINGS __________________________________________________________ Jon Fossel, President & CEO, Oppenheimer Management, has been appointed by the Board of Governors to succeed Jim Riepe as Chairman of...
-1- November 16, 1990 TO: SEC RULES COMMITTEE NO. 61-90 HIGH YIELD BOND TASK FORCE RE: STATE COMPLAINTS ALLEGING MISLEADING PROSPECTUS DISCLOSURE BY HIGH YIELD BOND FUNDS __________________________________________________________ As you may know, the New York State Attorney General...
November 15, 1990 TO: SEC RULES COMMITTEE NO. 60-90 STATE LIAISON COMMITTEE NO. 28-90 CLOSED-END FUND COMMITTEE NO. 25-90 UNIT INVESTMENT TRUST COMMITTEE NO. 50-90 RE: CALIFORNIA ISSUES AMENDED PROPOSED FINAL ANTI-APARTHEID DISCLOSURE REGULATIONS ______________________________________...
November 14, 1990 TO: BOARD OF GOVERNORS NO. 80-90 FEDERAL LEGISLATION MEMBERS NO. 8-90 FEDERAL LEGISLATION COMMITTEE NO. 7-90 RE: SUMMARY OF LEGISLATIVE ACTIVITY - CONCLUSION OF 101ST CONGRESS __________________________________________________________ Working nearer to an election...
- 1 - November 14, 1990 TO: SEC RULES COMMITTEE NO. 59-90 RE: SPECIAL MEETING DURING SEC/ICI PROCEDURES CONFERENCE __________________________________________________________ Those of you who are planning to attend the 1990 SEC/ICI Procedures Conference are invited to attend a special...
- 1 - November 13, 1990 TO: PENSION COMMITTEE NO. 27-90 RE: ICI GIVES DOL RECOMMENDATIONS REGARDING 404(c) REGULATION __________________________________________________________ As you recall, the Department of Labor is considering re- proposing its regulation under ERISA section 404(c...
November 13, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 39-90 MAINE INVESTMENT ADVISER ASSOCIATE MEMBERS RE: PROPOSED EXAMINATION REQUIREMENTS IN MAINE __________________________________________________________ Enclosed is a rulemaking proposal from the Maine Securities Division. The...
