October 30, 1989 TO: PUBLIC INFORMATION COMMITTEE NO. 29-89 RE: Letters to the Wall Street Journal __________________________________________________________ These letters are part of our latest attempt to remind the Wall Street Journal of its obligation to be accurate and fair. They...
October 30, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 72-89 RE: PROPOSED VIRGINIA LEGISLATION __________________________________________________________ Over the past several months, the Institute has been working with the Virginia Division of Securities to resolve issues...
October 27, 1989 TO: BOARD OF GOVERNORS NO. 65-89 RE: CHAIRMAN OF INSTITUTE'S TASK FORCE TESTIFIES ON STOCK MARKET REFORM ACT __________________________________________________________ On October 25, George Bissell, Chairman of the Institute's Task Force on Market Reform, testified...
October 27, 1989 TO: STATE SECURITIES MEMBERS NO. 39-89 INVESTMENT ADVISER MEMBERS NO. 55-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 55-89 RE: IDAHO RAISES REGISTRATION FEES __________________________________________________________ The Idaho Department of Finance has issued the...
October 26, 1989 TO: PENSION COMMITTEE NO. 11-89 RE: STATE LAW RESTRICTIONS UPON INVESTMENTS IN SECTION 403(b)(7) CUSTODIAL ACCOUNTS __________________________________________________________ At its most recent meeting, the Pension Committee requested that the Institute survey the...
October 26, 1989 TO: STATE SECURITIES MEMBERS NO. 38-89 UNIT INVESTMENT TRUST MEMBERS NO. 60-89 RE: WASHINGTON STATE CHANGE OF ADDRESS __________________________________________________________ The Securities Division of the state of Washington has a new address which is to be used...
October 26, 1989 TO: PENSION COMMITTEE NO. 12-89 RE: PROPOSED FLORIDA ADVISORY OPINION CONCERNING THE UNAUTHORIZED PRACTICE OF LAW __________________________________________________________ Attached is a copy of the proposed Florida advisory opinion that we discussed at the most...
October 26, 1989 TO: NO-LOAD (FUND/SERV) ADVISORY COMMITTEE NO. 3-89 RE: NOTICE OF MEETING - NOVEMBER 29, 1989 __________________________________________________________ This is to advise you that there will be a meeting of the No-Load (Fund/SERV) Advisory Committee starting at 9:30 a...
October 25, 1989 TO: OPERATIONS COMMITTEE NO. 22-89 RE: CHECK AGING STUDY - MONTH OF NOVEMBER, 1989 __________________________________________________________ At the October 18, 1989 meeting, the Operations Committee agreed to conduct a "check aging" study of investor checks presented...
October 25, 1989 TO: UNIT INVESTMENT TRUST MEMBERS NO. 59-89 RE: REPROPOSED WASHINGTON RULE - MANUAL EXEMPTION __________________________________________________________ We are pleased to inform you that the Washington Securities Division reproposed a rule that would have limited the...
October 25, 1989 TO: STATE SECURITIES MEMBERS NO. 37-89 RE: POST REGISTRATION REPORTS - OKLAHOMA __________________________________________________________ The Institute has recently been advised by the Oklahoma Department of Securities that a delinquent filing fee of $250.00 will be...
October 24, 1989 TO: SEC RULES MEMBERS NO. 62-89 INVESTMENT ADVISER MEMBERS NO. 54-89 RE: SANCTIONS IMPOSED AGAINST A FUND'S ADVISER AND PRESIDENT OF THE ADVISER __________________________________________________________ Attached is an SEC enforcement order imposing sanctions against...
October 24, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 51-89 RE: BROKER/DEALER ADVISORY COMMITTEE MEETING - NOVEMBER 3, 1989 - ORLANDO, FLORIDA __________________________________________________________ Attached is the documentation for the National Securities Clearing Corporation...
October 24, 1989 TO: DIRECT MARKETING COMMITTEE NO. 32-89 PUBLIC INFORMATION COMMITTEE NO. 28-89 SALES FORCE MARKETING COMMITTEE NO. 32-89 RE: Fund Management Personnel Disclosure __________________________________________________________ In the context of our discussions at the...
October 24, 1989 TO: TAX MEMBERS NO. 42-89 CLOSED-END FUND MEMBERS NO. 61-89 UNIT INVESTMENT TRUST MEMBERS NO. 58-89 ACCOUNTING/TREASURERS COMMITTEE NO. 46-89 OPERATIONS COMMITTEE NO. 21-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 27-89 RE: SENATE APPROVES TAX PROVISIONS IN...
October 24, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 50-89 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING SEPTEMBER, 1989 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending September, 1989. We will...
11/ The percentage of appreciation fee would simply be a specified percentage to the appreciation in the accounts assets. The base plus fee would provide for a minimum fee plus a fee which increases incrementally to the extent the adviser's performance exceeds a disignated index. The...
October 23, 1989 TO: BOARD OF GOVERNORS NO. 64-89 SEC RULES MEMBERS NO. 61-89 CLOSED-END FUND MEMBERS NO. 60-89 RE: INSTITUTE COMMENTS ON PROPOSED REVISIONS TO FORM N-2 __________________________________________________________ Attached is the Institute's comment letter on the SEC's...
October 23, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 49-89 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGMENT STATUS REPORT __________________________________________________________ Attached is a copy of the Registration Status Report as of September 29...
October 20, 1989 TO: TAX MEMBERS NO. 41-89 CLOSED-END FUND MEMBERS NO. 59-89 RE: IRS TEMPORARY REGULATIONS ON USE OF CERTAIN CORPORATE TAX ATTRIBUTES (SUCH AS CAPITAL LOSS CARRYFORWARDS) __________________________________________________________ The attached temporary and proposed...
October 19, 1989 TO: SEC RULES MEMBERS NO. 60-89 CLOSED-END FUND MEMBERS NO. 58-89 INVESTMENT ADVISER MEMBERS NO. 52-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 53-89 STATE SECURITIES MEMBERS NO. 36-89 UNIT INVESTMENT TRUST MEMBERS NO. 57-89 BROKER/DEALER ADVISORY COMMITTEE NO. 48-89...
- 1 - October 18, 1989 TO: SEC RULES MEMBERS NO. 59-89 STATE SECURITIES MEMBERS NO. 35-89 CLOSED-END FUND MEMBERS NO. 57-89 UNIT INVESTMENT TRUST MEMBERS NO. 56-89 RE: CALIFORNIA PROPOSED ANTI-APARTHEID DISCLOSURE REGULATIONS __________________________________________________________...
October 17, 1989 TO: PUBLIC INFORMATION COMMITTEE NO. 27-89 RE: Business Radio Network __________________________________________________________ As you know, Business Radio Network is one of the new national networks specializing in business and financial news coverage. Last week I...
October 17, 1989 TO: CLOSED-END FUND MEMBERS NO. 55-89 RE: NO-ACTION LETTER PERMITTING CLOSED-END FUND TO PURCHASE __________________________________________________________ The Division of Investment Management recently issued the attached no-action letter permitting Pilgrim Regional...
