December 12, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 56-89 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGMENT STATUS REPORT __________________________________________________________ Enclosed is a copy of the Registration Status Report as of November 30...
December 12, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 51-89 UNIT INVESTMENT TRUST COMMITTEE NO. 83-89 RE: NOTICE OF MEETING, JANUARY 30, 1990 __________________________________________________________ A meeting of your committee has been scheduled for Tuesday, January 30, 1990 at 10...
December 11, 1989 TO: INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 59-89 INVESTMENT ADVISER MEMBERS NO. 59-89 RE: SEC DIVISION PERMITS DEDUCTION OF MODEL FEE IN PERFORMANCE DATA ADVERTISEMENTS __________________________________________________________ On November 27, 1989, the SEC's...
December 11, 1989 TO: SEC RULES COMMITTEE NO. 75-89 STATE LIAISON COMMITTEE NO. 19-89 RE: NOTICE OF MEETING - JANUARY 11, 1990 __________________________________________________________ The SEC Rules Committee and State Liaison Committee meetings have been scheduled for Thursday...
December 11, 1989 TO: BOARD OF GOVERNORS NO. 73-89 SEC RULES MEMBERS NO. 68-89 UNIT INVESTMENT TRUST MEMBERS NO. 67-89 CLOSED-END FUND MEMBERS NO. 66-89 ACCOUNTING/TREASURERS COMMITTEE NO. 54-89 BROKER/DEALER ADVISORY COMMITTEE NO. 55-89 JOINT TASK FORCE ON UIT YIELD YIELD...
December 11, 1989 TO: DIRECT MARKETING COMMITTEE NO. 38-89 RE: Minutes of Last Meeting and Questionnaire on Next Meeting __________________________________________________________ Enclosed are the minutes and attendee list of the most recent meeting of the Direct Marketing Committee...
December 8, 1989 TO: PENSION COMMITTEE NO. 19-89 TAX COMMITTEE NO. 22-89 RE: NOTICE OF MEETINGS, TUESDAY, JANUARY 9, 1990 __________________________________________________________ The Tax and Pension Committee meetings have been scheduled for Tuesday, January 9, 1990 at 10:00 a.m...
December 8, 1989 TO: SEC RULES MEMBERS NO. 67-89 UNIT INVESTMENT TRUST MEMBERS NO. 66-89 RE: SEC ISSUES ORDER SUSPENDING REDEMPTION OF A MUTUAL FUND'S SHARES __________________________________________________________ Pursuant to the attached order, the SEC suspended redemption of a...
December 6, 1989 TO: STATE LIAISON COMMITTEE NO. 18-89 UNIT INVESTMENT TRUST COMMITTEE NO. 82-89 RE: NEW NASAA COMMITTEE ESTABLISHED __________________________________________________________ The North American Securities Administrators Association, Inc. ("NASAA") has established a...
December 6, 1989 TO: PENSION MEMBERS NO. 53-89 RE: IRS TO BEGIN ISSUING OPINION LETTERS CONCERNING PROTOTYPE DEFINED CONTRIBUTION PLANS __________________________________________________________ Attached is a copy of IRS Announcement 89-154, which states that the IRS will begin...
December 6, 1989 TO: PUBLIC INFORMATION COMMITTEE NO. 37-89 MEMBERS - ONE PER COMPLEX NO. 38-89 RE: One Trillion in Assets! __________________________________________________________ Enclosed for your information and use is the news release package that we are sending to the news...
- 1 - December 6, 1989 TO: PENSION MEMBERS NO. 52-89 RE: IRS EXTENDS PLAN AMENDMENT DEADLINES __________________________________________________________ Attached is a copy of IRS Revenue Procedure 89-65, which provides extensions of certain plan amendment deadlines and contains other...
December 6, 1989 TO: SEC RULES MEMBERS NO. 66-89 INVESTMENT ADVISER MEMBERS NO. 58-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 58-89 RE: DIVISION NO-ACTION RESPONSE REQUIRES SPECIFIC DISCLOSURES BY ADVISER AND QUESTIONS SOLICITOR'S FEE _________________________________________________...
December 5, 1989 TO: STATE SECURITIES MEMBERS NO. 42-89 CLOSED-END FUND MEMBERS NO. 65-89 RE: INSTITUTE COMMENT LETTER ON CALIFORNIA PROPOSED ANTI-APARTHEID DISCLOSURE REGULATIONS __________________________________________________________ As we previously informed you, the California...
December 5, 1989 TO: RESEARCH COMMITTEE NO. 34-89 RE: JANUARY RESEARCH COMMITTEE MEETINGS @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ Attached is the agenda for our Research Committee meetings to be held Wednesday and Thursday, January 17 and 18, 1990, at the...
December 5, 1989 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 53-89 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: MEETING REMINDER AND AGENDA - DECEMBER 13, 1989 __________________________________________________________ This is to remind you that the Accounting/Treasurers Committee and the...
December 5, 1989 TO: BOARD OF GOVERNORS NO. 72-89 SEC RULES MEMBERS NO. 65-89 RULE 12b-1 AD HOC COMMITTEE RE: NASD PROPOSAL REQUIRING DISCLOSURE OF CDSL ON CONFIRMATION STATEMENT __________________________________________________________ The NASD has proposed an amendment to its Rules...
- 1 - December 4, 1989 TO: TAX COMMITTEE NO. 21-89 ACCOUNTING/TREASURERS COMMITTEE NO. 52-89 INTERNATIONAL FUNDS TASK FORCE NO. 20-89 RE: SUBMISSION TO UNITED KINGDOM CONCERNING ITS DIVIDEND WITHHOLDING ON MASSACHUSETTS BUSINESS TRUSTS _________________________________________________...
November 30, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 81-89 RE: SEC CLARIFIES INTERIM YIELD GUIDELINES __________________________________________________________ We have been informed that last week the staff refused to allow a new unit trust to go effective with estimated current...
- 1 - November 29, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 80-89 JOINT TASK FORCE ON UIT YIELD RE: DRAFT PROPOSAL TO SEC __________________________________________________________ Attached is a draft of the Institute's proposal to the SEC on unit investment trust performance...
November 29, 1989 TO: INVESTMENT ADVISER MEMBERS NO. 57-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 57-89 RE: ADVISER SANCTIONED FOR VIOLATIONS OF ADVERTISING RULE __________________________________________________________ On October 25, 1989, the Securities and Exchange Commission...
- 1 - November 28, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 49-89 PENSION COMMITTEE NO. 18-89 RE: PROPOSED INDIVIDUAL PROHIBITED TRANSACTION EXEMPTION CONCERNING AGENCY CROSS-TRANSACTIONS __________________________________________________________ As you know, the Institute in 1985...
November 28, 1989 TO: UNIT INVESTMENT TRUST MEMBERS NO. 65-89 TAX MEMBERS NO. 46-89 RE: IRS REVENUE RULING ON POWER TO INCREASE SIZE OF TRUST INVESTMENT __________________________________________________________ The attached IRS Revenue Ruling addresses the issue of under what...
November 28, 1989 TO: PENSION MEMBERS NO. 51-89 UNIT INVESTMENT TRUST MEMBERS NO. 64-89 SEC RULES COMMITTEE NO. 74-89 RE: FDIC STUDY ON PASS-THROUGH DEPOSIT INSURANCE __________________________________________________________ The Federal Deposit Insurance Corporation ("FDIC") is...
November 28, 1989 TO: MARKETING COMMITTEE NO. 29-89 RE: MARKETING COMMITTEE MEETING, JANUARY 22, 1990 AT THE BOULDERS, CAREFREE, ARIZONA __________________________________________________________ The next meeting of the Marketing Committee will be held at 2:30 p.m. in the Chairman's...
