December 21, 1989 TO: SEC RULES COMMITTEE NO. 80-89 RE: LETTER TO SEC REGARDING PENDING MATTERS __________________________________________________________ As you may recall, the Institute assembled last spring a list of pending matters that had not yet been addressed by the SEC staff...
December 20, 1989 TO: MEMBERS - ONE PER COMPLEX NO. 43-89 CLOSED-END FUND MEMBERS NO. 71-89 TAX MEMBERS NO. 49-89 UNIT INVESTMENT TRUST MEMBERS NO. 72-89 ACCOUNTING/TREASURERS MEMBERS NO. 7-89 RE: SURVEYS OF STATE INCOME TAXATION _______________________________________________________...
December 20, 1989 TO: MARKETING COMMITTEE NO. 31-89 DIRECT MARKETING COMMITTEE NO. 40-89 SALES FORCE MARKETING COMMITTEE NO. 41-89 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 32-89 RESEARCH COMMITTEE NO. 36-89 SMALL FUNDS COMMITTEE NO. 9-89 MEMBERS INTERESTED IN PUBLIC INFORMATION NO. 12...
December 19, 1989 TO: MEMBERS - ONE PER COMPLEX NO. 41-89 RE: PRESIDENT SIGNS TAX BILL __________________________________________________________ The President signed the tax bill this morning. Funds holding portfolio securities having an ex-date on or after December 20, 1989 will...
- 1 - December 19, 1989 TO: SEC RULES MEMBERS NO. 73-89 STATE SECURITIES MEMBERS NO. 43-89 CLOSED-END FUND MEMBERS NO. 69-89 UNIT INVESTMENT TRUST MEMBERS NO. 71-89 RE: CALIFORNIA ISSUES ANTI-APARTHEID DISCLOSURE REGULATIONS, EFFECTIVE JANUARY 1, 1990 _________________________________...
December 19, 1989 TO: CLOSED-END FUND MEMBERS NO. 70-89 RE: NOTICE TO EXCHANGES IF DIVIDEND DECLARED BEFORE YEAR-END _________________________________________________________ The President signed the Omnibus Budget Reconciliation Act of 1989 this morning. Under one provision of this...
- 1 - December 19, 1989 TO: CLOSED-END FUND MEMBERS NO. 68-89 TAX MEMBERS NO. 48-89 UNIT INVESTMENT TRUST MEMBERS NO. 70-89 OPERATIONS COMMITTEE NO. 27-89 ACCOUNTING/TREASURERS COMMITTEE NO. 55-89 TRANSFER AGENT ADVISORY COMMITTEE NO. 31-89 RE: OMNIBUS BUDGET RECONCILIATION ACT OF...
December 18, 1989 TO: OPERATIONS COMMITTEE NO. 26-89 RE: REMINDER - CHECK AGING STUDY - MONTH OF NOVEMBER, 1989 __________________________________________________________ At the October 18, 1989 meeting, the Operations Committee agreed to conduct a "check aging" study of investors...
December 18, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 52-89 UNIT INVESTMENT TRUST COMMITTEE NO. 85-89 RE: CORRECTED NOTICE OF MEETINGS, JANUARY 30, 1990 __________________________________________________________ Attached is a corrected notice regarding the meetings of your...
December 18, 1989 TO: SEC RULES COMMITTEE NO. 79-89 RE: SEC PARTICIPATION IN REORGANIZATION PROCEEDINGS __________________________________________________________ As we previously informed you, the SEC has issued a release seeking comments on the scope of its participation in...
December 18, 1989 TO: PENSION MEMBERS NO. 54-89 UNIT INVESTMENT TRUST MEMBERS NO. 69-89 SEC RULES COMMITTEE NO. 78-89 RE: INSTITUTE COMMENTS ON FDIC PASS-THROUGH DEPOSIT INSURANCE STUDY __________________________________________________________ As we previously informed you, the...
December 18, 1989 TO: INSURANCE COMPANY-DTC-FUND/SERV ADVISORY COMMITTEE NO. 1-89 RE: NOTICE OF MEETING - JANUARY 18, 1990 __________________________________________________________ This is to advise you that there will be a meeting of the Insurance Company-DTC-FUND/SERV Advisory...
December 15, 1989 TO: BOARD OF GOVERNORS NO. 77-89 RE: PROPOSED MINUTES OF OCTOBER 5, 1989 __________________________________________________________ Attached hereto is a copy of the minutes of October 5, 1989 which are proposed to be presented to the Board of Governors at its next...
December 15, 1989 TO: STATE LIAISON COMMITTEE NO. 20-89 RE: AGENDA FOR JANUARY 11, 1990 MEETING __________________________________________________________ Attached is a tentative agenda for the next State Liaison Committee meeting, scheduled for 1:30 p.m., Thursday, January 11, 1989...
- 1 - December 14, 1989 TO: BOARD OF GOVERNORS NO. 76-89 SEC RULES MEMBERS NO. 70-89 OPERATIONS MEMBERS NO. 35-89 RE: UNIFORM TOD SECURITY REGISTRATION ACT __________________________________________________________ In March 1986, the National Conference of Commissioners on Uniform...
December 14, 1989 TO: INVESTMENT ADVISER MEMBERS NO. 61-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 60-89 RE: 1990 INVESTMENT ADVISER WORKSHOPS __________________________________________________________ The Investment Company Institute is sponsoring, exclusively for our members, a...
December 14, 1989 TO: CLOSED-END FUND COMMITTEE NO. 52-89 OPERATIONS COMMITTEE NO. 25-89 SEC RULES COMMITTEE NO. 77-89 UNIT INVESTMENT TRUST COMMITTEE NO. 84-89 AD HOC COMMITTEE ON UNCLAIMED PROPERTY RE: JANUARY 12 MEETING TO DISCUSS UNCLAIMED PROPERTY LAWS ___________________________...
December 14, 1989 TO: EXECUTIVE COMMITTEE NO. 27-89 AUDIT COMMITTEE NO. 4-89 RE: Monthly Financial Reports __________________________________________________________ Enclosed is a copy of the financial statements of the Investment Company Institute for the second month ending November...
December 14, 1989 TO: SEC RULES MEMBERS NO. 72-89 RE: SEC STAFF RESPONSE TO INSTITUTE'S LETTER CONCERNING REGULATION OF MONEY MARKET FUNDS __________________________________________________________ Attached is a copy of the letter the Institute submitted to the SEC staff concerning...
December 14, 1989 TO: ACCOUNTING/TREASURERS MEMBERS NO. 6-89 CLOSED-END FUND MEMBERS NO. 67-89 DIRECT MARKETING COMMITTEE NO. 39-89 INVESTMENT ADVISER MEMBERS NO. 62-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 61-89 MARKETING COMMITTEE NO. 30-89 MEMBERS - ONE PER COMPLEX NO. 40-89...
December 13, 1989 TO: SEC RULES MEMBERS NO. 69-89 INVESTMENT ADVISER MEMBERS NO. 60-89 RE: INVESTMENT ADVISER TO A FUND AND ITS PRESIDENT SANCTIONED FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS __________________________________________________________ An investment adviser to a fund...
December 13, 1989 TO: BOARD OF GOVERNORS NO. 75-89 MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 11-89 SEC RULES COMMITTEE NO. 76-89 RE: SEC STAFF RESPONSE TO INSTITUTE LETTER ON MONEY MARKET FUNDS __________________________________________________________ Attached is a copy of the...
December 13, 1989 TO: MEMBERS - ONE PER COMPLEX NO. 39-89 OPERATIONS COMMITTEE NO. 24-89 RE: ICI SURVEY OF TRANSFER AGENT FEES* __________________________________________________________ In 1987 and again in 1988, the Institute commissioned the accounting firm of Coopers & Lybrand to...
December 12, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 57-89 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING NOVEMBER, 1989 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending November, 1989. We will...
- 1 - December 12, 1989 TO: BOARD OF GOVERNORS NO. 74-89 RE: SIA PROPOSAL ON GLASS-STEAGALL __________________________________________________________ The Securities Industry Association has proposed a legislative plan that would amend the Glass-Steagall Act by permitting banking...
