August 8, 1990 TO: BOARD OF GOVERNORS NO. 54-90 SEC RULES COMMITTEE NO. 41-90 1990s AD HOC COMMITTEE RE: MEETING ON DRAFT COMMENT LETTER ON SEC CONCEPT RELEASE __________________________________________________________ Attached is a first draft of the Institute's comment letter on the...
June 15, 1990 TO: OPERATIONS COMMITTEE NO. 17-90 RE: CHECK AGING STUDY - NOVEMBER, 1989 __________________________________________________________ Attached hereto are the results of the Operations Committee Check Aging Study of investor's checks presented to money market and other...
August 8, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 27-90 RE: ITEMS OF INTEREST __________________________________________________________ (1) The attached description of The Nightly Business Report's monthly segment on mutual funds was given to me last week by Jack Kahn, a senior...
August 8, 1990 TO: SEC RULES COMMITTEE NO. 42-90 CLOSED-END FUND COMMITTEE NO. 17-90 BOARD OF GOVERNORS NO. 55-90 PORTFOLIO MANAGER DISCLOSURE AD HOC COMMITTEE RE: INSTITUTE SUBMITS REVISED PROPOSAL FOR PORTFOLIO MANAGER DISCLOSURE _____________________________________________________...
August 7, 1990 TO: DIRECT MARKETING COMMITTEE NO. 20-90 PUBLIC INFORMATION COMMITTEE NO. 26-90 SALES FORCE MARKETING COMMITTEE NO. 20-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 19-90 RE: SEPTEMBER COMMITTEE MEETING SCHEDULE __________________________________________________________...
August 3, 1990 TO: CONTRACTUAL PLANS COMMITTEE NO. 8-90 RE: INSTITUTE LETTER TO PENNSYLVANIA SECURITIES COMMISSION REGARDING APPLICABILITY OF ACT NO. 113 TO CONTRACTUAL PLANS __________________________________________________________ Recently, the Pennsylvania Securities Commission...
-1- August 3, 1990 TO: INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 36-90 INVESTMENT ADVISER MEMBERS NO. 40-90 PENSION MEMBERS NO. 32-90 RE: ERISA FIDUCIARY LIABLE FOR COMPENSATORY DAMAGES __________________________________________________________ The United States Court of Appeals for...
August 3, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 30-90 PENSION MEMBERS NO. 31-90 RE: ERISA INDIVIDUAL ACCOUNT PLAN SURVEY __________________________________________________________ The Institute is in the process of gathering information regarding individual participant account plans...
- 1 - August 3, 1990 TO: TAX MEMBERS NO. 31-90 UNIT INVESTMENT TRUST MEMBERS NO. 55-90 CLOSED-END FUND MEMBERS NO. 31-90 OPERATIONS MEMBERS NO. 22-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 28-90 RE: IRS REVENUE PROCEDURE ON PREPARING MAGNETIC MEDIA SUBMISSIONS FOR TAX YEAR 1990 RETURNS...
August 3, 1990 TO: PENSION COMMITTEE NO. 20-90 RE: S. 2902, CHURCH BENEFITS SIMPLICATION ACT OF 1990 __________________________________________________________ Attached is a copy of S. 2902, the Church Benefits Simplification Act which was introduced by Senator Pryor in conjunction...
August 3, 1990 TO: TAX MEMBERS NO. 30-90 UNIT INVESTMENT TRUST MEMBERS NO. 54-90 RE: POWER TO CONSENT TO CREDIT SUPPORT CHANGES IN PORTFOLIO SECURITIES DOES NOT DISQUALIFY INVESTMENT TRUST __________________________________________________________ In attached Revenue Ruling 90-43, the...
August 2, 1990 TO: INSURANCE COMPANY-DTC-FUND/SERV ADVISORY COMMITTEE NO. 7-90 RE: AGENDA QUESTIONNAIRE __________________________________________________________ At our last meeting, the Committee decided that a questionnaire would be sent to members to solicit ideas on the issues...
August 2, 1990 TO: NETWORKING INDEMNIFICATION TASK FORCE NO. 1-90 RE: CONFIRMATION OF MEETING - AUGUST 9, 1990 __________________________________________________________ This is to confirm that there will be a meeting of the Networking Indemnification Task Force starting at 10:30 a.m...
August 2, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 25-90 RE: Policy on Proposed Securities Tax __________________________________________________________ For your information, here is a copy of a memorandum that has been sent to each Institute member firm on the proposed federal...
August 2, 1990 TO: SEC RULES COMMITTEE NO. 40-90 UNIT INVESTMENT TRUST COMMITTEE NO. 34-90 RE: SEC APPROVES PUBLICATION OF NOTICE OF APPLICATION OF SUPERTRUST PRODUCT FOR 1940 ACT EXEMPTIONS __________________________________________________________ On July 25, 1990, following the...
August 2, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 26-90 RE: NOTICE OF MEETING - SEPTEMBER 18, 1990 __________________________________________________________ This is to advise you that there will be a meeting of the Broker/Dealer Advisory Committee starting at 8:30 a.m. on...
August 2, 1990 TO: SEC RULES MEMBERS NO. 58-90 BROKER/DEALER ADVISORY COMMITTEE NO. 27-90 BROKER/DEALER ASSOCIATE MEMBERS NO. 3-90 RE: SEC APPROVES NASD PROPOSAL CONCERNING CUSTOMER ACCOUNT INFORMATION __________________________________________________________ As we previously...
August 1, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 29-90 RE: SECURITIES TRANSACTION EXCISE TAX (STET) __________________________________________________________ As you know, Administration and Congressional leaders have been meeting to develop a budget agreement aimed at reducing the...
August 1, 1990 TO: BOARD OF GOVERNORS NO. 53-90 MEMBERS - ONE PER COMPLEX NO. 27-90 DIRECT MARKETING COMMITTEE NO. 18-90 MARKETING COMMITTEE NO. 16-90 OPERATIONS COMMITTEE NO. 16-90 PUBLIC INFORMATION COMMITTEE NO. 24-90 RESEARCH COMMITTEE NO. 18-90 SALES FORCE MARKETING COMMITTEE NO...
August 1, 1990 TO: TAX MEMBERS NO. 29-90 ACCOUNTING/TREASURERS MEMBERS NO. 18-90 OPERATIONS MEMBERS NO. 21-90 MEMBERS - ONE PER COMPLEX NO. 28-90 BROKER/DEALER ADVISORY COMMITTEE NO. 25-90 SEC RULES MEMBERS NO. 57-90 MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 7-90 TRANSFER AGENT...
August 1, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 24-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING JUNE, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending June, 1990. We will continue to send...
July 31, 1990 TO: PENSION COMMITTEE NO. 19-90 RE: TIAA-CREF RESPONSE TO INSTITUTE LETTER __________________________________________________________ As you know, the Institute requested TIAA-CREF to revise its procedures for trustee to trustee transfers of assets between 403(b) plan...
- 1 - July 31, 1990 TO: PENSION COMMITTEE NO. 18-90 RE: PRYOR INTRODUCES PENSION SIMPLIFICATION BILL __________________________________________________________ Senator David Pryor recently introduced S. 2901, the Employee Benefits Simplification Act, a bill to simplify several...
- 1 - July 31, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 24-90 TAX COMMITTEE NO. 20-90 INTERNATIONAL FUNDS TASK FORCE NO. 17-90 RE: INSTITUTE SURVEY RELATING TO PFICs __________________________________________________________ The following is the survey information which the...
- 1 - July 30, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 39-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 35-90 RE: REGISTRATION OF FINANCIAL PLANNERS IN WASHINGTON; SCHEDULED MICHIGAN FEE REDUCTION REPEALED __________________________________________________________ The scope of the...
