January 31, 1990 TO: SEC RULES COMMITTEE NO. 7-90 PROSPECTUS REFORM AD HOC COMMITTEE RE: FEBRUARY 15 MEETING OF PROSPECTUS REFORM AD HOC COMMITTEE __________________________________________________________ The Institute has formed an ad hoc committee to review current prospectus...
January 31, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 3-90 CLOSED-END FUND MEMBERS NO. 6-90 INVESTMENT ADVISER MEMBERS NO. 7-90 SEC RULES MEMBERS NO. 10-90 UNIT INVESTMENT TRUST MEMBERS NO. 10-90 RE: SUMMARY OF SEC NO-ACTION AND INTERPRETIVE LETTERS - SERIES 47 __________________________...
January 30, 1990 TO: BOARD OF GOVERNORS NO. 7-90 FEDERAL LEGISLATION MEMBERS NO. 2-90 RE: ADMINISTRATION'S "SAVINGS AND ECONOMIC GROWTH ACT" __________________________________________________________ Late today, Treasury Secretary Nicholas Brady announced the details of the...
January 31, 1990 TO: SEC RULES MEMBERS NO. 9-90 INVESTMENT ADVISER MEMBERS NO. 6-90 RE: SEC CENSURES ADVISER IN CONNECTION WITH FUND REFERRALS __________________________________________________________ In an administrative order issued January 22, the SEC announced findings that a...
January 30, 1990 TO: OPERATIONS COMMITTEE NO. 1-90 RE: NOTICE OF MEETING - MARCH 17, 1990 __________________________________________________________ This is to advise you that the next Operations Committee meeting will be held on Saturday, March 17, 1990 at 8:30 a.m. at the Scottsdale...
January 29, 1990 TO: SEC RULES MEMBERS NO. 8-90 CLOSED-END FUND MEMBERS NO. 5-90 UNIT INVESTMENT TRUST MEMBERS NO. 9-90 OPERATIONS MEMBERS NO. 4-90 RE: FOREIGN PORTFOLIO INVESTMENT SURVEY; REPORTING REQUIREMENTS __________________________________________________________ The Treasury...
- 1 - January 29, 1990 TO: TAX MEMBERS NO. 5-90 UNIT INVESTMENT TRUST MEMBERS NO. 7-90 RE: ANNOUNCEMENT OF MODIFICATION OF IRS FORM 5452, CORPORATE REPORT OF NONDIVIDEND DISTRIBUTIONS __________________________________________________________ IRS Form 5452 (Corporate Report of...
January 29, 1990 TO: SEC RULES MEMBERS NO. 7-90 UNIT INVESTMENT TRUST MEMBERS NO. 8-90 RE: SEC FILES COMPLAINT AGAINST A MUTUAL FUND AND AFFILIATED PARTIES __________________________________________________________ The Securities and Exchange Commission filed a complaint in the United...
January 27, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 3-90 RE: MARYLAND PROPOSES INVESTMENT ADVISER REGULATIONS __________________________________________________________ As we have previously informed you, the Maryland Division of Securities proposed emergency investment adviser...
January 26, 1990 TO: SEC RULES MEMBERS NO. 6-90 CLOSED-END FUND MEMBERS NO. 4-90 UNIT INVESTMENT TRUST MEMBERS NO. 6-90 RE: INSTITUTE LETTER ON ASSET COMPOSITION DISCLOSURE FOR HIGH YIELD BOND FUNDS __________________________________________________________ As we previously informed...
January 26, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 4-90 RE: VIRGINIA LEGISLATIVE UPDATE __________________________________________________________ As you know, the Institute has been working with the Virginia Corporations Commission and the Virginia Securities Commission to...
- 1 - January 25, 1990 TO: PENSION MEMBERS NO. 3-90 INVESTMENT ADVISER MEMBERS NO. 5-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 5-90 RE: DEPARTMENT OF LABOR LETTER CONCERNING PROXY VOTING RESPONSIBILITIES UNDER ERISA __________________________________________________________ As you...
January 24, 1990 TO: PENSION MEMBERS NO. 2-90 INVESTMENT ADVISER MEMBERS NO. 4-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 4-90 RE: PRIVATE LETTER RULING PERMITTING DIRECT PAYMENT OF MARKET-TIMING FEES FROM IRA __________________________________________________________ Attached is a...
January 24, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 2-90 RE: PROPOSED AMENDMENTS TO MASSACHUSETTS BROKER-DEALER RULES __________________________________________________________ The Massachusetts Securities Division has recently proposed for public comment several amendments to its...
January 23, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 5-90 RE: VERMONT OVERSALES POLICY __________________________________________________________ The Securities Division (Division) of the Vermont Department of Banking and Insurance recently issued the attached no-action policy with...
January 22, 1990 TO: SEC RULES COMMITTEE NO. 6-90 CLOSED-END FUND COMMITTEE NO. 3-90 RE: RECENTLY PROPOSED SECURITIES LEGISLATION __________________________________________________________ Attached are copies of three recently introduced bills, which are briefly described below. (1)...
January 22, 1990 TO: CLOSED-END FUND COMMITTEE NO. 4-90 SMALL FUNDS COMMITTEE NO. 2-90 UNIT INVESTMENT TRUST COMMITTEE NO. 3-90 RE: FORMATION OF COMPLIANCE COMMITTEE __________________________________________________________ At the SEC Rules Committee meeting held on January 11, 1990...
January 22, 1990 TO: ACCOUNTING/TREASURERS MEMBERS NO. 3-90 CLOSED-END FUND MEMBERS NO. 3-90 DIRECT MARKETING COMMITTEE NO. 3-90 INVESTMENT ADVISER MEMBERS NO. 3-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 3-90 MARKETING COMMITTEE NO. 3-90 MEMBERS - ONE PER COMPLEX NO. 2-90 RESEARCH...
January 19, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 2-90 CLOSED-END FUND MEMBERS NO. 2-90 TAX MEMBERS NO. 1-90 RE: 1990 SUBCHAPTER M COMPLIANCE WORKSHOPS - REMINDER __________________________________________________________ As we previously informed you, the Investment Company...
January 19, 1990 TO: TAX MEMBERS NO. 2-90 MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 1-90 RE: WISCONSIN PASS-THROUGH __________________________________________________________ The attached letter from the Wisconsin Department of Revenue clarifies the eligibility of interest paid...
- 1 - January 19, 1990 TO: SEC RULES MEMBERS NO. 4-90 ACCOUNTING/TREASURERS MEMBERS NO. 2-90 CLOSED-END FUND MEMBERS NO. 1-90 OPERATIONS MEMBERS NO. 3-90 RE: SEC STAFF ISSUES GENERIC COMMENT LETTER __________________________________________________________ The Division of Investment...
January 19, 1990 TO: TAX MEMBERS NO. 3-90 MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 2-90 RE: NEW JERSEY QUALIFIED INVESTMENT FUND CERTIFICATION FORM __________________________________________________________ As we previously informed you, New Jersey permits pass- through...
January 19, 1990 TO: CLOSED-END FUND COMMITTEE NO. 2-90 RE: DRAFT AGENDA FOR CLOSED-END FUND COMMITTEE MEETING __________________________________________________________ Attached is the draft agenda for the Closed-End Fund Committee meeting scheduled for Tuesday, February 6, 1990 at...
January 19, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 2-90 RE: JANUARY 30 MEETING __________________________________________________________ Attached is a tentative agenda for the January 30 meeting of the Unit Investment Trust Committee. The meeting will begin at 10:00 a.m. and...
January 19, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 3-90 RE: NOTICE OF MEETING - FEBRUARY 27, 1990 __________________________________________________________ This is to notify you that there will be a meeting of the Broker/Dealer Advisory Committee starting at 9:30 a.m. on...
