11/ Deleted from our attachment, but included in IRS Publiction 1281, are (1) Code Section 3406, (2) the existing temporary regulations on backup withholding (see Institute Memorandum to Tax Members No. 46-87, Unit Investment Trust Committee No. 31-87, Closed-End Fund Members No. 5-87...
September 24, 1990 TO: BOARD OF GOVERNORS NO. 69-90 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 13-90 SEC RULES MEMBERS NO. 67-90 PUBLIC INFORMATION COMMITTEE NO. 34-90 MONEY MARKET FUND AD HOC COMMITTEE RE: INSTITUTE COMMENTS ON SEC PROPOSED REVISIONS TO MONEY MARKET FUNDS ___________...
- 1 - September 24, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 39-90 SEC RULES MEMBERS NO. 66-90 ACCOUNTING/TREASURERS COMMITTEE NO. 30-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 35-90 UNIT INVESTMENT TRUST MEMBERS NO. 62-90 CUSTODIAN ADVISORY COMMITTEE NO. 2-90 OPERATIONS MEMBERS NO. 28-90...
September 21, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 44-90 RE: INSTITUTE LETTER ON S&P ALGORITHM FOR COMPUTING IRR __________________________________________________________ The Institute has learned that Standard & Poor's Corporation has informed the SEC staff that they have...
11/ The IRS also filed with the Federal Register yesterday 352 pages of regulations in proposed form only dealing generally with backup withholding and due diligence issues. These additional regulations, which are not presently effective, will be the subject of a separate Institute...
- 1 - September 21, 1990 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 12-90 TAX MEMBERS NO. 38-90 RE: MARYLAND HIGH COURT AFFIRMS PASS-THROUGH OF FEDERAL OBLIGATION INTEREST __________________________________________________________ The Maryland Court of Appeals (the State's highest...
September 21, 1990 TO: BOARD OF GOVERNORS NO. 67-90 MEMBERS - ONE PER COMPLEX NO. 38-90 RE: ICI MUTUAL NEWSLETTER - SUMMER 1990 ISSUE __________________________________________________________ Enclosed is the summer issue of the ICI Mutual Newsletter, of mutual interest. Of Mutual...
September 20, 1990 TO: SEC RULES COMMITTEE NO. 51-90 STATE SECURITIES MEMBERS NO. 28-90 RE: WISCONSIN AND ARIZONA ISSUE COMMENTS WITH RESPECT TO CHANGES IN A FUND'S INVESTMENT OBJECTIVE __________________________________________________________ During the NASAA Fall Conference in...
September 20, 1990 TO: STATE LIAISON COMMITTEE NO. 24-90 RE: WISCONSIN PROPOSES RULE EXCLUDING 144A SECURITIES FROM TEN PERCENT INVESTMENT LIMITATION __________________________________________________________ As we previously informed you, the Institute wrote the Wisconsin Securities...
September 19, 1990 TO: STATE LIAISON COMMITTEE NO. 23-90 RE: INSTITUTE WRITES SOUTH DAKOTA, ARKANSAS, INDIANA AND OHIO REQUESTING REPEAL OR SUSPENSION OF INVESTMENT RESTRICTIONS __________________________________________________________ The Institute recently wrote the securities...
September 19, 1990 TO: PENSION MEMBERS NO. 35-90 RE: ADDITIONAL IRS PROPOSED REGULATIONS REGARDING NON- DISCRIMINATION REQUIREMENTS FOR QUALIFIED PLANS __________________________________________________________ The Internal Revenue Service recently released the attached proposed...
September 19, 1990 TO: BOARD OF GOVERNORS NO. 66-90 RE: PROPOSED MINUTES OF MAY 9, 1990 __________________________________________________________ Attached hereto is a copy of the minutes of the May 9, 1990 meeting which are proposed to be presented to the Board of Governors at its...
September 19, 1990 TO: TAX MEMBERS NO. 36-90 CLOSED-END FUND MEMBERS NO. 35-90 ACCOUNTING/TREASURERS MEMBERS NO. 19-90 RE: WAIVER OF OHIO REPORTING REQUIREMENT FOR 1991 __________________________________________________________ As we previously informed you (see Institute Memorandum...
September 19, 1990 TO: STATE LIAISON COMMITTEE NO. 22-90 UNIT INVESTMENT TRUST COMMITTEE NO. 43-90 CONTRACTUAL PLANS COMMITTEE NO. 9-90 RE: NEW MEXICO PROPOSES REGISTRATION RULES __________________________________________________________ The New Mexico Securities Division has recently...
September 19, 1990 TO: SEC RULES MEMBERS NO. 65-90 RE: INSTITUTE LETTER TO WASHINGTON ON BONDING REQUIREMENTS __________________________________________________________ As we previously informed you, legislation was enacted in Washington authorizing the state of Washington or local...
September 19, 1990 TO: AUDIT COMMITTEE NO. 3-90 RE: Meeting, October 3, 1990 __________________________________________________________ The Institute's Audit Committee is scheduled to meet on Wednesday October 3 at 2:00 pm in the executive office conference room. Included on the...
September 14, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 42-90 RE: LEGISLATION INTRODUCED IN MASSACHUSETTS SETTING ONE-TIME REGISTRATION FEE FOR UNIT INVESTMENT TRUSTS __________________________________________________________ As we previously informed you, the Massachusetts...
September 13, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 33-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING AUGUST, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending August, 1990. We will continue...
September 13, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 41-90 RE: INSTITUTE RESPONSE TO SEC REQUEST FOR COMMENTS ON UIT SECONDARY MARKET SALES __________________________________________________________ We recently distributed to you a draft of the section of the Institute's comment...
- 1 - September 13, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 31-90 NEW MEXICO INVESTMENT ADVISER ASSOCIATE MEMBERS RE: NEW MEXICO PROPOSES NEW REGISTRATION RULES FOR ADVISERS __________________________________________________________ The New Mexico Securities Division released...
September 13, 1990 TO: STATE LIAISON COMMITTEE NO. 21-90 RE: INSTITUTE SUBMITS MEMORANDUM TO INTERIM NEBRASKA LEGISLATIVE COMMITTEE ON POSSIBLE FEE RELIEF MEASURES __________________________________________________________ As we previously informed you, an Interim Committee of the...
September 12, 1990 TO: MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 9-90 PUBLIC INFORMATION COMMITTEE NO. 33-90 DIRECT MARKETING COMMITTEE NO. 24-90 MARKETING COMMITTEE NO. 20-90 SALES FORCE MARKETING COMMITTEE NO. 24-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 24-90 SMALL FUNDS...
September 12, 1990 TO: STATE LIAISON COMMITTEE NO. 20-90 RE: AGENDA FOR OCTOBER 23, 1990 __________________________________________________________ Attached is tentative agenda for the next State Liaison Committee meeting, scheduled for 1:30 p.m., Tuesday, October 23, 1990 in the...
September 12, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 40-90 RE: CBOE PROPOSES AMENDMENTS TO PROPOSED RULE CHANGES THAT WOULD PERMIT TRADING OF UITS AND RELATED INTERESTS __________________________________________________________ The Chicago Board Options Exchange, Inc. ("CBOE")...
September 12, 1990 TO: RESEARCH COMMITTEE NO. 22-90 RE: COMMITTEE MEETING AGENDA @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ The Research Committee will meet at the Vista Hotel, 1400 M Street, Washington, D.C., (202) 429-1700, on Tuesday, October 2, 1990...
