- 1 - July 23, 1990 TO: PENSION COMMITTEE NO. 17-90 RE: INSTITUTE REQUESTS THAT TIAA-CREF FACILITATE 403(b) TRANSFERS __________________________________________________________ The Institute has requested TIAA-CREF to facilitate its procedures for trustee to trustee transfers of...
July 23, 1990 TO: SEC RULES MEMBERS NO. 52-90 INVESTMENT ADVISER MEMBERS NO. 33-90 RE: SEC REVOKES ADVISER'S REGISTRATION BASED ON VIOLATIONS OF ANTIFRAUD PROVISIONS, ADVISERS ACT & INVESTMENT COMPANY ACT __________________________________________________________ On the basis of...
July 20, 1990 TO: BOARD OF GOVERNORS NO. 50-90 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 9-90 SEC RULES MEMBERS NO. 51-90 PUBLIC INFORMATION COMMITTEE NO. 22-90 RE: SEC PROPOSES CHANGES TO MONEY MARKET FUND REGULATION __________________________________________________________ The SEC...
- 1 - July 19, 1990 TO: TAX COMMITTEE NO. 15-90 ACCOUNTING/TREASURERS COMMITTEE NO. 20-90 CLOSED-END FUND COMMITTEE NO. 16-90 UNIT INVESTMENT TRUST COMMITTEE NO. 31-90 RE: INSTITUTE COMMENTS ON IRS FORM 5452 (CORPORATE REPORT OF NONDIVIDEND DISTRIBUTIONS) _____________________________...
July 19, 1990 TO: PENSION COMMITTEE NO. 16-90 RE: DOL REGULATION UNDER ERISA SECTION 404(c) __________________________________________________________ As you know, the Institute recently urged the Department of Labor and the Office of Management and Budget to release in final form the...
July 19, 1990 TO: TAX MEMBERS NO. 26-90 OPERATIONS MEMBERS NO. 20-90 CLOSED-END FUND MEMBERS NO. 30-90 UNIT INVESTMENT TRUST MEMBERS NO. 52-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 22-90 RE: FAILURES TO RECEIVE B-NOTICE TEST RUN MAILINGS _______________________________________________...
July 18, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 32-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 29-90 RE: GAO STUDY ON SEC REGULATION OF INVESTMENT ADVISERS __________________________________________________________ Attached is a copy of the report prepared by the General Accounting...
July 16, 1990 TO: STATE LIAISON COMMITTEE NO. 15-90 UNIT INVESTMENT TRUST COMMITTEE NO. 30-90 CONTRACTUAL PLANS COMMITTEE NO. 7-90 RE: INSTITUTE MEETING WITH NASAA INVESTMENT COMPANY REGISTRATION/TRADING PRACTICES COMMITTEE __________________________________________________________ On...
- 1 - July 16, 1990 TO: ACCOUNTING/TREASURERS MEMBERS NO. 17-90 CLOSED-END FUND MEMBERS NO. 29-90 TAX MEMBERS NO. 25-90 RE: TEMPORARY REGULATIONS ON REPORTING OF RECEIPT OF CASH PAYMENTS AGGREGATING MORE THAN $10,000 __________________________________________________________ Treasury...
July 16, 1990 TO: STATE SECURITIES MEMBERS NO. 24-90 UNIT INVESTMENT TRUST MEMBERS NO. 50-90 RE: MICHIGAN REMOVES SUNSET PROVISION ON FEE TO CLAIM BLUE CHIP EXEMPTION AND TO REGISTER SECURITIES __________________________________________________________ As we previously informed you...
July 16, 1990 TO: SEC RULES MEMBERS NO. 50-90 RE: INSTITUTE COMMENTS ON NASD PROPOSED AMENDMENTS CONCERNING CONFLICTS OF INTEREST __________________________________________________________ The NASD recently proposed amendments to Schedule E of its By-laws, which regulates the...
July 16, 1990 TO: BOARD OF GOVERNORS NO. 49-90 RE: INSTITUTE TESTIMONY ON FINANCIAL SERVICES RESTRUCTURING __________________________________________________________ On July 11, the Institute testified at a hearing before the Telecommunications and Finance Subcommittee of the House...
July 16, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 19-90 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: NOTICE OF MEETING - SEPTEMBER 12, 1990 __________________________________________________________ This is to advise you that there will be a meeting of the Accounting/Treasurers...
July 16, 1990 TO: STATE SECURITIES MEMBERS NO. 25-90 UNIT INVESTMENT TRUST MEMBERS NO. 51-90 RE: RHODE ISLAND ENACTS LEGISLATION INCREASING FEES __________________________________________________________ Effective July 12, 1990, Rhode Island enacted a new securities act that, among...
July 13, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 30-90 RE: SEC SANCTIONS INVESTMENT ADVISER TO MUTUAL FUNDS __________________________________________________________ The SEC recently sanctioned an investment adviser to two mutual funds for violating Sections 206(1) and 206(2) of the...
July 13, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 31-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 28-90 RE: ADVISER CENSURED FOR USE OF SOFT DOLLARS OUTSIDE SECTION 28(e) __________________________________________________________ The SEC recently censured an investment adviser and its...
July 13, 1990 TO: MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 6-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 21-90 DIRECT MARKETING COMMITTEE NO. 16-90 MARKETING COMMITTEE NO. 13-90 RESEARCH COMMITTEE NO. 15-90 SALES FORCE MARKETING COMMITTEE NO. 16-90 SHAREHOLDER COMMUNICATIONS...
July 13, 1990 TO: ABANDONED PROPERTY TASK FORCE PENSION COMMITTEE NO. 15-90 RE: COMMENTS REQUESTED ON PROPOSED CHANGES TO THE UNIFORM UNCLAIMED PROPERTY ACT __________________________________________________________ Attached is a letter concerning changes to the Uniform Unclaimed...
July 12, 1990 TO: TAX MEMBERS NO. 24-90 ACCOUNTING/TREASURERS MEMBERS NO. 16-90 OPERATIONS MEMBERS NO. 19-90 MEMBERS - ONE PER COMPLEX NO. 24-90 BROKER/DEALER ADVISORY COMMITTEE NO. 22-90 SEC RULES MEMBERS NO. 49-90 RE: INSTITUTE CONFERENCE ON RULE 12b-1 ______________________________...
July 12, 1990 TO: INSURANCE COMPANY-DTC-FUND/SERV ADVISORY COMMITTEE NO. 6-90 RE: NOTICE OF MEETING - SEPTEMBER 20, 1990 __________________________________________________________ This is to notify you that there will be a meeting of the Insurance Company-DTC-FUND/SERV Advisory...
- 1 - July 12, 1990 TO: BOARD OF GOVERNORS NO. 48-90 SEC RULES COMMITTEE NO. 37-90 RE: FED REQUESTS COMMENT ON MODIFYING RESTRICTIONS ON CROSS-MARKETING AND DIRECTOR, OFFICER AND EMPLOYEE INTERLOCKS __________________________________________________________ The Board of Governors of...
July 11, 1990 TO: CLOSED-END FUND MEMBERS NO. 28-90 RE: INSTITUTE LETTER TO NYSE CONCERNING SHAREHOLDER MEETINGS AND PROXY VOTING __________________________________________________________ At the last Closed-End Fund Committee meeting, members expressed the view that the New York...
- 1 - July 11, 1990 TO: STATE SECURITIES MEMBERS NO. 23-90 INVESTMENT ADVISER MEMBERS NO. 29-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 27-90 UNIT INVESTMENT TRUST MEMBERS NO. 49-90 RE: DELAWARE STATUTE AMENDED, INCREASING FEES ________________________________________________________...
