April 18, 1990 TO: STATE SECURITIES MEMBERS NO. 8-90 SMALL FUNDS COMMITTEE NO. 7-90 RE: OHIO - NEW RECORDS RETENTION SCHEDULE __________________________________________________________ The Institute has recently been advised that the Ohio Securities Division implemented a new records...
April 18, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 18-90 PENSION MEMBERS NO. 17-90 RE: SEI UNIVERSITY COMPUTER-BASED TRAINING COURSE __________________________________________________________ The Institute is pleased to announce the availability of a computer-based training course...
- 1 - April 18, 1990 TO: BOARD OF GOVERNORS NO. 29-90 STATE SECURITIES MEMBERS NO. 10-90 UNIT INVESTMENT TRUST MEMBERS NO. 21-90 RE: INSTITUTE OBTAINS BLUE CHIP EXEMPTION IN ALABAMA __________________________________________________________ Currently, all mutual funds and unit trusts...
April 17, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 17-90 RE: GOVERNOR CUOMO SIGNS CORRECTIVE NEW YORK ABANDONED PROPERTY LEGISLATION ________________________________________________________ We are pleased to inform you that Governor Cuomo today approved legislation amending the New York...
April 16, 1990 TO: STATE SECURITIES MEMBERS NO. 7-90 RE: TERM OF EFFECTIVENESS FOR SECURITIES REGISTRATION IN MICHIGAN __________________________________________________________ In December 1988, Section 471.705(h) of the Michigan Securities Act was amended to provide a one-year term...
- 1 - April 16, 1990 TO: CLOSED-END FUND MEMBERS NO. 15-90 TAX MEMBERS NO. 16-90 ACCOUNTING/TREASURERS MEMBERS NO. 12-90 RE: IRS REVENUE RULING TREATING "DUTCH-AUCTION RATE" PREFERRED STOCK AS EQUITY __________________________________________________________ The attached IRS revenue...
April 12, 1990 TO: EXECUTIVE COMMITTEE NO. 5-90 AUDIT COMMITTEE NO. 2-90 RE: Monthly Financial Reports __________________________________________________________ Enclosed is a copy of the financial statements of the Investment Company Institute for the sixth month ending March 31...
April 12, 1990 TO: MARKETING COMMITTEE NO. 9-90 RE: MEETING NOTICE, MAY 23, 1990 __________________________________________________________ A meeting of the Marketing Committee has been called for 10:00 am Wednesday, May 23, 1990 in the Institute offices, 1600 M Street, NW, Suite 600...
April 12, 1990 TO: SEC RULES COMMITTEE NO. 21-90 RE: DRAFT AGENDA FOR APRIL 26 MEETING ________________________________________________________ Attached is a draft agenda for the SEC Rules Committee meeting scheduled for April 26, 1990 at 10:00 a.m. in Washington, D.C. I am looking...
- 1 - April 12, 1990 TO: TAX MEMBERS NO. 15-90 ACCOUNTING/TREASURERS MEMBERS NO. 11-90 RE: IRS PRIVATE LETTER RULING ON MULTIPLE CLASS 12b-1 ARRANGEMENTS __________________________________________________________ The attached IRS private letter ruling involves a regulated investment...
April 11, 1990 TO: SEC RULES MEMBERS NO. 29-90 RE: RTC STATEMENT OF POLICY REGARDING PAYMENT OF POST-INSOLVENCY INTEREST ________________________________________________________ As we recently informed you, the Resolution Trust Corp. ("RTC") announced that it will continue to pay...
April 11, 1990 TO: MARKETING COMMITTEE NO. 8-90 DIRECT MARKETING COMMITTEE NO. 11-90 SALES FORCE MARKETING COMMITTEE NO. 12-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 11-90 PUBLIC INFORMATION COMMITTEE NO. 10-90 RESEARCH COMMITTEE NO. 9-90 SMALL FUNDS COMMITTEE NO. 6-90 MEMBERS...
April 11, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 16-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING MARCH, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending March, 1990. We will continue to...
April 11, 1990 TO: BOARD OF GOVERNORS NO. 26-90 RE: D.C. CIRCUIT REJECTS SIA CHALLENGE TO RECENT SECTION 20 ORDERS __________________________________________________________ The U.S. Court of Appeals for the District of Columbia Circuit has denied a petition for review of the...
April 11, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 15-90 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGMENT STATUS REPORT __________________________________________________________ Enclosed is a copy of the Registration Status Report as of March 30, 1990...
April 10, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 16-90 OPERATIONS COMMITTEE NO. 7-90 RE: ICI SURVEY OF MUTUAL FUND CUSTODIAN SERVICES AND FEES __________________________________________________________ The Institute has commissioned the accounting firm of Price Waterhouse to perform a...
April 10, 1990 TO: DIRECT MARKETING COMMITTEE NO. 10-90 PUBLIC INFORMATION COMMITTEE NO. 9-90 SALES FORCE MARKETING COMMITTEE NO. 11-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 10-90 RE: COMMITTEE MEETINGS/DINNERS __________________________________________________________ This is a...
April 10, 1990 TO: PENSION MEMBERS NO. 16-90 RE: NEW FORM 5500-C/R FOR 1989 __________________________________________________________ Attached is a copy of 1989 IRS Form 5500-C/R, Return/Report of Employee Benefit Plan (With fewer than 100 participants), along with the instructions...
April 10, 1990 TO: STATE SECURITIES MEMBERS NO. 6-90 UNIT INVESTMENT TRUST MEMBERS NO. 19-90 RE: COMMENTS ON SOUTH CAROLINA'S PROPOSED FEE CHANGED __________________________________________________________ The South Carolina Securities Division recently asked for input regarding...
April 10, 1990 TO: PENSION MEMBERS NO. 15-90 RE: IRS ISSUES DRAFT COPIES OF REVISED FORMS 5300, 5302, 5307 AND 6406 __________________________________________________________ Attached is a copy of IRS Announcement 90-53, which includes draft copies of revised Forms 5300 (Application...
April 9, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 17-90 RE: APRIL 17 MEETING __________________________________________________________ Attached is a tentative agenda for the April 17 meeting of the Unit Investment Trust Committee. The meeting will begin at 10:00 a.m. and will be...
April 9, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 15-90 ABANDONED PROPERTY TASK FORCE RE: NEW YORK SENATE PASSES CORRECTIVE ABANDONED PROPERTY LEGISLATION ________________________________________________________ We are pleased to inform you that on Friday, April 6, the New York Senate...
April 6, 1990 TO: STATE LIAISON COMMITTEE NO. 8-90 RE: AGENDA FOR APRIL 27, 1990 MEETING __________________________________________________________ Attached is a tentative agenda for the next State Liaison Committee meeting, scheduled for 1:30 p.m., Friday, April 27, 1990 in the...
April 6, 1990 TO: CLOSED-END FUND MEMBERS NO. 14-90 SEC RULES MEMBERS NO. 28-90 ACCOUNTING/TREASURERS MEMBERS NO. 10-90 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: FASB ISSUES FINAL STATEMENT REQUIRING DISCLOSURES OF OFF- BALANCE-SHEET RISK AND CONCENTRATIONS OF CREDIT RISK ___________...
April 6, 1990 TO: SALES FORCE MARKETING COMMITTEE NO. 10-90 RE: NEXT MEETING __________________________________________________________ Enclosed is a revised preliminary agenda for the Sales Force Marketing Committee meeting on the afternoon of April 19, along with a brief...
