April 30, 1990 TO: BOARD OF GOVERNORS NO. 32-90 RE: INSTITUTE TESTIMONY ON GLASS-STEAGALL REFORM LEGISLATION __________________________________________________________ On April 24, the Institute testified at a hearing before the United States Senate Banking Committee. The hearing was...
April 27, 1990 TO: CLOSED-END FUND MEMBERS NO. 16-90 INVESTMENT ADVISER MEMBERS NO. 13-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 12-90 OPERATIONS MEMBERS NO. 14-90 SEC RULES MEMBERS NO. 32-90 STATE SECURITIES MEMBERS NO. 12-90 TAX MEMBERS NO. 18-90 UNIT INVESTMENT TRUST MEMBERS NO...
- 1 - April 27, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 19-90 RE: DIVISION OF INVESTMENT MANAGEMENT RESPONDS TO INSTITUTE'S PROPOSED UNIFORM PERFORMANCE ADVERTISING RULES FOR UNIT INVESTMENT TRUSTS ________________________________________________________ The Institute has...
April 27, 1990 TO: PENSION COMMITTEE NO. 9-90 RE: RESPONSE FROM VENTURA COUNTY CONCERNING HOLD-HARMLESS AGREEMENT __________________________________________________________ Enclosed is a copy of the letter the Institute received today from the Ventura County, California...
April 27, 1990 TO: PENSION MEMBERS NO. 20-90 RE: REVISED IRS PUBLICATIONS 560, 571 AND NEW PUBLICATION 575 __________________________________________________________ Attached are copies of IRS Publication 560, Self-Employment Retirement Plans, Publication 571, Tax-Sheltered Annuity...
April 27, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 24-90 RE: VIRGINIA LEGISLATION __________________________________________________________ As you know, the Institute has been actively working with the Virginia General Assembly, the Virginia Corporations Commission and the Virginia...
April 27, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 19-90 RE: PETITION FOR DECLARATORY RULING IN CONNECTICUT ON PASS THROUGH TREATMENT FOR FEDERAL OBLIGATION INTEREST __________________________________________________________ As you know, the Institute and others have been working since...
April 27, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 13-90 RE: NEWS MEDIA AT GMM __________________________________________________________ To help you plan for the May 9-11 General Membership Meeting, here is a list of news media representatives who have notified us of their...
April 25, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 12-90 RE: NEW FAX SYSTEM __________________________________________________________ As was announced at the April 18 meeting of the Committee, we have developed a special FAX system for members of the Public Information Committee...
April 25, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 12-90 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: NOTICE OF MEETING - JUNE 26, 1990 __________________________________________________________ This is to notify you that there will be a meeting of the Accounting/Treasurers...
April 25, 1990 TO: INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 11-90 INVESTMENT ADVISER MEMBERS NO. 12-90 RE: GEORGIA ADOPTS "HOLDING OUT" STANDARD FOR INVESTMENT ADVISER REGISTRATION AND APPROVES ACCOUNTANT EXEMPTION ________________________________________________________ Georgia...
April 25, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 11-90 RE: NEW AD HOC SUBCOMMITTEES __________________________________________________________ At our recent meetings on April 17-18, the Committee agreed that various ad hoc subcommittees should be formed to monitor issues and...
April 25, 1990 TO: INVESTMENT ADVISER MEMBERS NO. 11-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 10-90 RE: NEBRASKA ADOPTS LEGISLATION GRANTING SECURITIES DIRECTOR AUTHORITY TO PERMIT PERFORMANCE FEES ________________________________________________________ Nebraska has adopted...
April 24, 1990 TO: CLOSED-END FUND COMMITTEE NO. 11-90 RE: COMMENTS ON STOCKHOLDER QUORUM PROBLEMS ________________________________________________________ In February, the Institute requested closed-end fund members to inform us of any problems they have had relating to stockholder...
April 24, 1990 TO: CLOSED-END FUND COMMITTEE NO. 12-90 RE: DRAFT AGENDA FOR CLOSED-END FUND COMMITTEE MEETING ________________________________________________________ Attached is the draft agenda for the Closed-End Fund Committee meeting scheduled for Wednesday, May 2, 1990. The...
April 24, 1990 TO: PENSION MEMBERS NO. 19-90 RE: REVISED FORM 5307 __________________________________________________________ Attached is a copy of Form 5307, Application for Determination for Adopters of Master or Prototype, Regional Prototype, or Volume Submitter Plans (other than...
- 1 - April 23, 1990 TO: CLOSED-END FUND COMMITTEE NO. 10-90 SEC RULES COMMITTEE NO. 23-90 UNIT INVESTMENT TRUST COMMITTEE NO. 18-90 INTERNATIONAL FUNDS TASK FORCE NO. 5-90 RE: FED APPROVES AMENDMENTS TO REGULATION T PERMITTING MARGINABILITY OF CERTAIN FOREIGN SECURITIES _____________...
April 23, 1990 TO: BOARD OF GOVERNORS NO. 30-90 RE: PROPOSED MINUTES OF JANUARY 23, 1990 __________________________________________________________ Attached hereto is a copy of the minutes of the January 23, 1990 meeting which are proposed to be presented to the Board of Governors at...
April 20, 1990 TO: MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 6-90 RE: COMMERCIAL PAPER HOLDINGS __________________________________________________________ Recent events in the commercial paper market which impacted several money market funds have prompted the SEC to consider...
April 20, 1990 TO: OPERATIONS MEMBERS NO. 13-90 PENSION MEMBERS NO. 18-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 10-90 RE: CLARIFICATION OF NEW CODES ON FORMS W-2P AND 1099-R __________________________________________________________ Attached is a copy of IRS Announcement 90-56, which...
April 20, 1990 TO: EXECUTIVE COMMITTEE NO. 7-90 MARKETING COMMITTEE NO. 10-90 RE: REVISED FINAL DRAFT OF 1990S REPORT - HEIDI FISKE __________________________________________________________ I have attached the revised final draft of Heidi Fiske's 1990s report. Please let me have your...
April 19, 1990 TO: STATE SECURITIES MEMBERS NO. 11-90 UNIT INVESTMENT TRUST MEMBERS NO. 22-90 RE: NEW HAMPSHIRE AMENDS LEGEND REQUIREMENT __________________________________________________________ As we previously informed you, New Hampshire enacted legislation, effective January 1...
April 18, 1990 TO: SEC RULES COMMITTEE NO. 22-90 RE: MEETING ON 1990s STUDY ________________________________________________________ As we previously informed you, there will be a special session of the SEC Rules Committee after lunch on April 26th to discuss the Institute's work on a...
- 1 - April 18, 1990 TO: BOARD OF GOVERNORS NO. 27-90 SEC RULES MEMBERS NO. 30-90 RE: NASD PROPOSED RULE ON ASSET BASED SALES CHARGES ________________________________________________________ As you know, the SEC proposed substantial amendments to Rule 12b-1 in June 1988. (See...
- 1 - April 18, 1990 TO: BOARD OF GOVERNORS NO. 28-90 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 5-90 SEC RULES MEMBERS NO. 31-90 STATE SECURITIES MEMBERS NO. 9-90 TAX MEMBERS NO. 17-90 UNIT INVESTMENT TRUST MEMBERS NO. 20-90 RE: TENNESSEE TAX LEGISLATION DEFEATED ____________________...
