February 15, 1990 TO: PENSION MEMBERS NO. 6-90 RE: 1989 FORM 5500EZ __________________________________________________________ Attached are copies of the 1989 Form 5500EZ, Annual Return of One-Participant (Owners and Their Spouses) Pension Benefit Plan and the accompanying...
February 14, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 6-90 RE: PRICING OF HIGH YIELD BONDS __________________________________________________________ In view of recent developments affecting the market for high yield bonds, the Institute has contacted several sources of high yield bond...
February 14, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 5-90 ABANDONED PROPERTY TASK FORCE RE: NEW YORK ABANDONED PROPERTY LAW __________________________________________________________ As we previously informed you, New York State has amended its Abandoned Property Law with respect to...
February 13, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 4-90 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGMENT STATUS REPORT __________________________________________________________ Attached is a copy of the Registration Status Report as of January 31...
February 13, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 5-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING JANUARY, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending January, 1990. We will continue...
February 13, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 6-90 RE: DISTRIBUTION MATERIALS FOR FEBRUARY 27, 1990 MEETING __________________________________________________________ Attached is the documentation for the NSCC's portion of the February 27, 1990 meeting of the Broker...
February 9, 1990 TO: PENSION MEMBERS NO. 5-90 RE: COST-OF-LIVING ADJUSTMENTS TO SECTION 415 AND RELATED LIMITATIONS __________________________________________________________ Attached is a copy of IRS News Release 90-15, which provides for cost-of-living adjustments to the limitations...
February 8, 1990 TO: PENSION MEMBERS NO. 4-90 TAX MEMBERS NO. 8-90 OPERATIONS MEMBERS NO. 5-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 3-90 RE: IRS TO ACCEPT ELECTRONIC FILING OF FORMS 5498 AND CERTAIN CORRECTED RETURNS __________________________________________________________ Attached...
February 7, 1990 TO: BOARD OF GOVERNORS NO. 11-90 SEC RULES COMMITTEE NO. 11-90 RE: COMPTROLLER PROPOSES REMOVING RESTRICTIONS ON BANK COMMON TRUST FUNDS __________________________________________________________ The Office of the Comptroller of the Currency has proposed amendments to...
February 7, 1990 TO: SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 4-90 RE: Simplifying the Prospectus __________________________________________________________ A committee member called me recently to express concern over the length and readability (or lack thereof) of fund prospectuses...
February 6, 1990 TO: INSURANCE COMPANY-DTC-FUND/SERV ADVISORY COMMITTEE NO. 3-90 RE: MEETING AGENDA - FEBRUARY 14, 1990 __________________________________________________________ Attached is the agenda for the Insurance Company-DTC- FUND/SERV Advisory Committee meeting which will be...
February 6, 1990 TO: SEC RULES MEMBERS NO. 13-90 RE: COURT OF APPEALS AFFIRMS DISMISSAL OF EXCESSIVE FEE AND OTHER CLAIMS IN MEYER CASE ______________________________________________________ The U.S. Court of Appeals for the Second Circuit has affirmed the dismissal of the complaint...
February 5, 1990 TO: PENSION COMMITTEE NO. 1-90 RE: INSTITUTE REQUEST FOR IRS INFORMATION LETTER CONCERNING REVENUE PROCEDURE 89-52 __________________________________________________________ As you know, the Institute submitted a request for an IRS information letter concerning Form...
February 5, 1990 TO: PENSION COMMITTEE NO. 2-90 RE: DRAFT INSTITUTE LETTER TO VENTURA COUNTY __________________________________________________________ Attached is a draft of a letter to Ventura County, California concerning certain provisions of its hold-harmless agreement. The...
February 5, 1990 TO: TRANSFER AGENT ADVISORY COMMITTEE NO. 2-90 RE: MEETING REMINDER AND AGENDA - FEBRUARY 13, 1990 __________________________________________________________ This is to remind you that the Transfer Agent Advisory Committee will meet on Tuesday, February 13, 1990, from...
February 5, 1990 TO: CLOSED-END FUND MEMBERS NO. 8-90 SEC RULES MEMBERS NO. 12-90 RE: COURT DISMISSES CLAIM AGAINST MUTUAL FUND FOR FAILURE TO DISCLOSE POWER TO LIQUIDATE ________________________________________________________ A case was brought against a mutual fund and certain...
February 5, 1990 TO: SEC RULES COMMITTEE NO. 9-90 UNIT INVESTMENT TRUST COMMITTEE NO. 5-90 CLOSED-END FUND COMMITTEE NO. 5-90 RE: SEC FEE INCREASE IN PRESIDENT'S BUDGET __________________________________________________________ The fiscal year 1991 budget proposal submitted by the...
February 5, 1990 TO: STATE SECURITIES MEMBERS NO. 1-90 RE: TEXAS BANK/FINANCIAL INSTITUTION DISCLOSURE __________________________________________________________ The Institute has been informed by the Texas State Securities Board that it is concerned that banks and other financial...
February 2, 1990 TO: BOARD OF GOVERNORS NO. 9-90 FEDERAL LEGISLATION MEMBERS NO. 3-90 RE: S. 2028, THE "FAIR TRADE IN FINANCIAL SERVICES ACT" __________________________________________________________ Early this week, Senate Banking Committee Chairman Don Riegle (D-MI) and Ranking...
February 1, 1990 TO: ACCOUNTING/TREASURERS MEMBERS NO. 4-90 RE: INCORPORATION BY REFERENCE PROVISION IN PROPOSED AMENDMENTS TO MUTUAL FUND REGISTRATION STATEMENT __________________________________________________________ In connection with the recent release issued by the SEC...
February 1, 1990 TO: SEC RULES COMMITTEE NO. 8-90 RE: Pennsylvania Anti-Takeover Legislation __________________________________________________________ At the January 11 SEC Rules Committee meeting, we briefly discussed the proposed anti-takeover legislation that Pennsylvania is...
February 1, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 4-90 SEC RULES MEMBERS NO. 11-90 DIRECT MARKETING COMMITTEE NO. 4-90 PUBLIC INFORMATION COMMITTEE NO. 2-90 SALES FORCE MARKETING COMMITTEE NO. 4-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 3-90 NEWSLETTER COMMITTEE RE: GUIDELINES FOR...
- 1 - February 1, 1990 TO: TAX MEMBERS NO. 7-90 CLOSED-END FUND MEMBERS NO. 7-90 ACCOUNTING/TREASURERS MEMBERS NO. 6-90 RE: REGULATIONS UNDER SECTION 852(b)(3)(C) ON POST-OCTOBER 31 LOSSES __________________________________________________________ Code sections 852(b)(3)(C) and 852(b)...
- 1 - February 1, 1990 TO: BOARD OF GOVERNORS NO. 8-90 TAX MEMBERS NO. 6-90 ACCOUNTING/TREASURERS MEMBERS NO. 5-90 INTERNATIONAL FUNDS TASK FORCE NO. 2-90 RE: INSTITUTE TESTIMONY BEFORE WAYS AND MEANS COMMITTEE ON THE IMPLICATIONS OF EUROPE 1992 _______________________________________...
