June 12, 1990 TO: STATE SECURITIES MEMBERS NO. 16-90 RE: MASSACHUSETTS REQUIRES FILING OF SALES LITERATURE __________________________________________________________ The Secretary of the Commonwealth of Massachusetts recently promulgated a final regulation requiring that one copy of...
June 12, 1990 TO: CLOSED-END FUND MEMBERS NO. 21-90 INVESTMENT ADVISER MEMBERS NO. 24-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 22-90 SEC RULES MEMBERS NO. 41-90 UNIT INVESTMENT TRUST MEMBERS NO. 35-90 INTERNATIONAL FUNDS TASK FORCE NO. 12-90 RE: CONFERENCE ON RULE 144A - REMINDER _...
June 12, 1990 TO: STATE SECURITIES MEMBERS NO. 17-90 UNIT INVESTMENT TRUST MEMBERS NO. 34-90 RE: SOUTH DAKOTA PROMULGATES FINAL RULES __________________________________________________________ The South Dakota Securities Division recently promulgated final rules with respect to the...
June 12, 1990 TO: BOARD OF GOVERNORS NO. 41-90 SEC RULES COMMITTEE NO. 32-90 1990s REGULATORY TASK FORCE RE: MEETING ON DRAFT 1990s REGULATORY REPORT __________________________________________________________ Attached is a draft of the recommendations section of the regulatory report...
June 11, 1990 TO: BOARD OF GOVERNORS NO. 40-90 MEMBERS - ONE PER COMPLEX NO. 22-90 DIRECT MARKETING COMMITTEE NO. 13-90 MARKETING COMMITTEE NO. 12-90 OPERATIONS COMMITTEE NO. 10-90 PUBLIC INFORMATION COMMITTEE NO. 18-90 RESEARCH COMMITTEE NO. 12-90 SALES FORCE MARKETING COMMITTEE NO...
June 11, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 19-90 RE: July 16, 1990 __________________________________________________________ As you will recall, members attending the April committee meeting decided that we should have an additional meeting this year. The date chosen for this...
June 8, 1990 TO: TRANSFER AGENT ADVISORY COMMITTEE NO. 14-90 RE: AGENDA FOR JUNE 19, 1990 MEETING __________________________________________________________ Attached is the agenda for the Transfer Agent Advisory Committee meeting to be held beginning at 10:00 a.m. on Tuesday, June 19...
June 8, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 19-90 RE: RECEPTION AND DINNER - JUNE 25, 1990 __________________________________________________________ We want to invite you to attend a reception and dinner to be held on June 25th in conjunction with the June 25-26 Broker...
June 5, 1990 TO: PENSION MEMBERS NO. 27-90 RE: 457 PLAN PASS-THROUGH INSURANCE PROPOSED __________________________________________________________ As you recall, the Federal Deposit Insurance Corporation ("FDIC") recently approved final regulations which would insure deposits of plans...
- 1 - June 5, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 18-90 RE: INVESTMENT ADVISER GUIDELINES FOR FIDUCIARIES MEETING __________________________________________________________ As you recall, the United States Court of Appeals for the Eleventh Circuit recently found a retirement...
June 4, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 21-90 RE: PUBLIC SECURITIES ASSOCIATION MODIFIES GUIDELINES RELATING TO CERTAIN HIGH COUPON GNMA SECURITIES ________________________________________________________ The Public Securities Association ("PSA"), a trade association whose...
June 4, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 25-90 RE: INSTITUTE DRAFT RESPONSE TO STAFF MEMO ON YIELD PROPOSAL __________________________________________________________ As we previously informed you, the SEC Division of Investment Management has sent a memorandum to the...
June 4, 1990 TO: BOARD OF GOVERNORS NO. 39-90 SEC RULES MEMBERS NO. 40-90 RULE 12b-1 AD HOC COMMITTEE RE: INSTITUTE COMMENT LETTER ON NASD 12b-1 PROPOSAL ________________________________________________________ In response to the recent proposal by the NASD to extend its sales load...
June 1, 1990 TO: PENSION MEMBERS NO. 26-90 RE: COMPUTER GENERATED FORMS 5300, 5307, AND 8717 __________________________________________________________ Attached is IRS Notice 90-38 regarding computer generated Form 5300, Application for Determination of Employee Benefit Plan, Form...
May 31, 1990 TO: BOARD OF GOVERNORS NO. 38-90 SEC RULES COMMITTEE NO. 31-90 1990s REGULATORY TASK FORCE RE: JUNE 21 MEETING OF THE 1990s REGULATORY TASK FORCE __________________________________________________________ As you know, part of the Institute's study of the industry in the...
May 31, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 20-90 CLOSED-END FUND MEMBERS NO. 20-90 INVESTMENT ADVISER MEMBERS NO. 23-90 SEC RULES MEMBERS NO. 39-90 UNIT INVESTMENT TRUST MEMBERS NO. 32-90 RE: SUMMARY OF SEC NO-ACTION INTERPRETIVE LETTERS - SERIES 48 _______________________________...
May 30, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 17-90 RE: Press Coverage of "The Environment for the Investment Company Industry in the 1990s" __________________________________________________________ As you know, Jonathan Clements (WSJ) and Carole Gould (NYT) recently wrote...
May 30, 1990 TO: RESEARCH COMMITTEE NO. 11-90 RE: COMMITTEE MEETING AGENDA AND PAPERS @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ The Research Committee will meet at the Madison Hotel, 15th and M Street, on Wednesday June 6, 1990, beginning at 9:30 a.m. We expect...
May 29, 1990 TO: CLOSED-END FUND MEMBERS NO. 19-90 INVESTMENT ADVISER MEMBERS NO. 22-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 21-90 SEC RULES MEMBERS NO. 38-90 UNIT INVESTMENT TRUST MEMBERS NO. 31-90 INTERNATIONAL FUNDS TASK FORCE NO. 11-90 RE: CONFERENCE ON RULE 144A _____________...
May 29, 1990 TO: INSURANCE COMPANY-DTC-FUND/SERV ADVISORY COMMITTEE NO. 5-90 RE: AGENDA FOR MEETING - JUNE 11, 1990 __________________________________________________________ Attached is the agenda for the Insurance Company-DTC- FUND/SERV Advisory Committee meeting which is being held...
May 29, 1990 TO: STATE SECURITIES MEMBERS NO. 15-90 UNIT INVESTMENT TRUST MEMBERS NO. 30-90 BLUE SKY GUIDE RECIPIENTS RE: FORM FOR CLAIMING BLUE CHIP EXEMPTION IN UTAH __________________________________________________________ As we previously informed you, effective July 1, 1990...
May 24, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 29-90 RE: INSTITUTE COMMENT LETTER ON PROPOSED VIRGINIA REFUND RULE __________________________________________________________ The Virginia Corporations Commission recently proposed an administrative rule that provides for the refund...
May 23, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 16-90 RE: NASAA COMMITTEE TO REVIEW COMMENTS ON SERIES 65 EXAM __________________________________________________________ I have been advised by Michael Chizmar, Chair of the NASAA Uniform Examinations Committee, that next month his...
May 23, 1990 TO: SEC RULES COMMITTEE NO. 30-90 INVESTMENT ADVISERS COMMITTEE NO. 17-90 RE: GINNIE MAE TO PROHIBIT "LIVE FREE" MORTGAGES __________________________________________________________ According to the attached Wall Street Journal article, the Government National Mortgage...
May 22, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 20-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 19-90 RE: REMINDER CONCERNING INVESTMENT ADVISER PERFORMANCE DATA __________________________________________________________ As we previously informed you, the Division of Investment...
