October 16, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 36-90 RE: NSCC FUND/SERV REDESIGN BUSINESS PLAN __________________________________________________________ As a follow-up to the September 18 Broker/Dealer Advisory Committee meeting, attached is a copy of the NSCC's Business...
11/ The contents of these documents form the basis for the investment company's financial statements as required under Section 30 of the 1940 Act. October 16, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 31-90 RE: SEC PROPOSES AMENDMENT TO RULE 31a-2 __________________________________...
October 16, 1990 TO: BOARD OF GOVERNORS NO. 75-90 SEC RULES COMMITTEE NO. 56-90 RE: INSTITUTE TESTIMONY ON OCC COMMON TRUST FUND PROPOSAL __________________________________________________________ On October 4, the Institute testified before the Telecommunications and Finance...
October 16, 1990 TO: MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 11-90 PUBLIC INFORMATION COMMITTEE NO. 37-90 DIRECT MARKETING COMMITTEE NO. 26-90 SALES FORCE MARKETING COMMITTEE NO. 27-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 26-90 SMALL FUNDS COMMITTEE NO. 15-90 RE: FINAL 1990...
October 15, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 34-90 RE: PROPOSED IDAHO ADVISER LEGISLATION __________________________________________________________ Attached is a copy of draft legislation concerning investment advisers which the Idaho Securities Commission intends to...
October 15, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 45-90 RE: SEC FEE INCREASE WOULD BE MADE PERMANENT IN SENATE APPROPRIATIONS BILL __________________________________________________________ The appropriations bill passed by the Senate would make permanent the increase in registration...
October 15, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 34-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING SEPTEMBER, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending September, 1990. We will...
October 15, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 35-90 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGEMENT STATUS REPORT __________________________________________________________ Enclosed is a copy of the Registration Status Report as of September 28...
- 1 - October 12, 1990 TO: TAX MEMBERS NO. 44-90 OPERATIONS MEMBERS NO. 31-90 CLOSED-END FUND MEMBERS NO. 41-90 UNIT INVESTMENT TRUST MEMBERS NO. 67-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 38-90 RE: INFORMATION REPORTING AND BACKUP WITHHOLDING REGULATIONS AMENDED AND REISSUED IN...
October 12, 1990 TO: TRANSFER AGENT ADVISORY COMMITTEE NO. 40-90 ABANDONED PROPERTY TASK FORCE RE: NOVEMBER 14 MEETING __________________________________________________________ A meeting of the Abandoned Property Task Force has been scheduled for November 14, 1990 to discuss a number...
October 12, 1990 TO: TAX COMMITTEE NO. 28-90 OPERATIONS COMMITTEE NO. 22-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 39-90 RE: OCTOBER 30 MEETING ON BACKUP WITHHOLDING REGULATIONS __________________________________________________________ As we previously advised you, the IRS has amended...
- 1 - October 11, 1990 TO: TAX MEMBERS NO. 43-90 ACCOUNTING/TREASURERS MEMBERS NO. 21-90 RE: INTERNAL REVENUE SERVICE G.C.M. ON CHANGES IN ERRONEOUS METHODS OF ACCOUNTING __________________________________________________________ In the attached General Counsel Memorandum ("G.C.M.")...
- 1 - October 12, 1990 TO: TAX MEMBERS NO. 41-90 OPERATIONS MEMBERS NO. 30-90 CLOSED-END FUND MEMBERS NO. 40-90 UNIT INVESTMENT TRUST MEMBERS NO. 66-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 37-90 RE: B NOTICE UPDATE __________________________________________________________ As you...
- 1 - October 11, 1990 TO: ACCOUNTING/TREASURERS MEMBERS NO. 20-90 INTERNATIONAL FUNDS TASK FORCE NO. 24-90 TAX MEMBERS NO. 42-90 RE: LIST OF FOREIGN BANKS OPERATING IN THE UNITED STATES __________________________________________________________ The Internal Revenue Code defines a...
October 10, 1990 TO: TAX MEMBERS NO. 40-90 RE: INTERNAL REVENUE SERVICE (MEMO NOT MAILED) G.C.M. ON CHANGES IN ERRONEOUS METHODS OF ACCOUNTING __________________________________________________________ In the attached General Counsel Memorandum ("G.C.M."), the IRS changes its prior...
October 9, 1990 TO: SEC RULES MEMBERS NO. 70-90 MEMBERS - ONE PER COMPLEX NO. 44-90 CLOSED-END FUND MEMBERS - ONE PER COMPLEX UNIT INVESTMENT TRUST MEMBERS - ONE PER COMPLEX RE: INSTITUTE COMMENTS ON SEC CONCEPT RELEASE REGARDING REFORM OF REGULATION OF INVESTMENT COMPANIES __________...
October 9, 1990 TO: CLOSED-END FUND COMMITTEE NO. 23-90 RE: DRAFT AGENDA FOR OCTOBER 17 MEETING __________________________________________________________ Attached is a draft agenda for the Closed-End Fund Committee meeting scheduled for October 17th. I look forward to seeing you then...
October 9, 1990 TO: MARKETING COMMITTEE NO. 21-90 OPERATIONS COMMITTEE NO. 21-90 PUBLIC INFORMATION COMMITTEE NO. 36-90 RESEARCH COMMITTEE NO. 24-90 RE: ENVIRONMENT FOR THE INVESTMENT COMPANY INDUSTRY IN THE 1990S __________________________________________________________ Attached for...
October 5, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 43-90 RE: REPORT ON THE ENVIRONMENT FOR THE INVESTMENT COMPANY INDUSTRY IN THE 1990S __________________________________________________________ Enclosed is a copy of "The Environment for the Investment Company Industry in the 1990s", a...
11/ The contents of these documents form the basis for the investment company's financial statements as required under Section 30 of the 1940 Act. October 11, 1990 TO: CLOSED-END FUND COMMITTEE NO. 22-90 SEC RULES COMMITTEE NO. 55-90 INTERNATIONAL FUNDS TASK FORCE NO. 23-90 COMPLIANCE...
October 3, 1990 TO: STATE SECURITIES MEMBERS NO. 31-90 BLUE SKY GUIDE RECIPIENTS RE: NORTH DAKOTA EXEMPTS MUTUAL FUND SALES LITERATURE FROM FILING REQUIREMENT __________________________________________________________ As you know, the Institute has been working for several years to...
October 3, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 48-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 43-90 RE: COURT HOLDS THAT ADVISER MAY BE LIABLE FOR CHURNING __________________________________________________________ Attached is a decision by the U.S. District Court for the Southern...
October 3, 1990 TO: CONTRACTUAL PLANS COMMITTEE NO. 10-90 RE: UPDATE ON UPCOMING MEETING WITH NASAA COMMITTEE AND NEW MEXICO HEARING ON PROPOSED RULES __________________________________________________________ As you know, the North American Securities Administrators Association, Inc...
- 1 - October 3, 1990 TO: PENSION MEMBERS NO. 38-90 INVESTMENT ADVISER MEMBERS NO. 49-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 44-90 RE: PRIVATE LETTER RULING ON MARKET-TIMING FEES FROM IRAs __________________________________________________________ The Institute has received...
October 2, 1990 TO: PENSION MEMBERS NO. 36-90 RE: CIRCUIT COURT HOLDS ERISA PLAN ASSETS EXEMPT FROM BANKRUPTCY ESTATE __________________________________________________________ The United States circuit court for the Fourth Circuit (Maryland, Virginia, West Virginia, South Carolina...
