October 17, 1989 TO: PENSION COMMITTEE NO. 10-89 TAX COMMITTEE NO. 17-89 RE: AGENDAS FOR PENSION AND TAX COMMITTEE MEETINGS - OCTOBER 25, 1989 __________________________________________________________ Attached are copies of the agendas for the Tax and Pension Committee meetings on...
October 17, 1989 TO: BOARD OF GOVERNORS NO. 63-89 RE: Merged & Liquidated Funds __________________________________________________________ The report of new Institute members provided to the Board of Governors at its meeting on October 5 did not include funds that have either merged...
- 1 - October 16, 1989 TO: SEC RULES COMMITTEE NO. 64-89 CLOSED-END FUND COMMITTEE NO. 45-89 UNIT INVESTMENT TRUST COMMITTEE NO. 71-89 INVESTMENT ADVISERS COMMITTEE NO. 42-89 RE: DRAFT INSTITUTE COMMENT LETTER ON AMENDMENTS TO RULES UNDER SECTION 16 ___________________________________...
October 16, 1989 TO: TAX MEMBERS NO. 40-89 UNIT INVESTMENT TRUST MEMBERS NO. 55-89 CLOSED-END FUND MEMBERS NO. 54-89 OPERATIONS MEMBERS NO. 31-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 26-89 RE: NOTICE OF POTENTIAL BACKUP WITHHOLDING ________________________________________...
October 12, 1989 TO: PENSION COMMITTEE NO. 9-89 RE: INSTITUTE LETTER TO DEPARTMENT OF LABOR CONCERNING ADVISORY OPINION ON FREE CHECKING FOR IRA PARTICIPANTS __________________________________________________________ As we previously advised, the Department of Labor in Advisory...
- 1 - October 12, 1989 TO: SEC RULES COMMITTEE NO. 63-89 CLOSED-END FUND COMMITTEE NO. 44-89 UNIT INVESTMENT TRUST COMMITTEE NO. 69-89 INTERNATIONAL FUNDS TASK FORCE NO. 18-89 RE: INSTITUTE COMMENT LETTER ON PROPOSED AMENDMENTS TO RULE 12d3-1 __________________________________________...
October 12, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 70-89 RE: OCTOBER 19 MEETING __________________________________________________________ Attached is a tentative agenda for the October 19 meeting of the Unit Investment Trust Committee. The meeting will begin at 10:00 a.m. and...
October 11, 1989 TO: PENSION MEMBERS NO. 47-89 RE: DEPARTMENT OF LABOR ADVISORY OPINION CLARIFYING FINAL REGULATION CONCERNING PLAN LOANS __________________________________________________________ As we previously advised, the U.S. Department of Labor issued a final regulation in July...
October 11, 1989 TO: BOARD OF GOVERNORS NO. 62-89 SEC RULES COMMITTEE NO. 62-89 RE: INSTITUTE SUBMISSION TO SEC CONCERNING THE STATUS OF ASSET- BACKED SECURITIES POOLS UNDER THE INVESTMENT COMPANY ACT OF 1940 __________________________________________________________ In recent months...
October 11, 1989 TO: SEC RULES COMMITTEE NO. 61-89 BROKER/DEALER ADVISORY COMMITTEE NO. 47-89 RE: SEC PROPOSES AMENDMENTS TO NET CAPITAL RULE __________________________________________________________ The Securities and Exchange Commission has proposed amendments to the net capital...
October 11, 1989 TO: PENSION MEMBERS NO. 46-89 RE: IRS REVENUE PROCEDURE CONCERNING FORM 5498 REPORTING REQUIREMENTS UPON THE DEATH OF AN IRA OWNER __________________________________________________________ Attached is a copy of IRS Revenue Procedure 89-52, which advises IRA trustees...
October 11, 1989 TO: SEC RULES MEMBERS NO. 58-89 INVESTMENT ADVISER MEMBERS NO. 51-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 52-89 RE: INSTITUTE SUBMISSION TO SEC CONCERNING PROXY VOTING RESPONSIBILITIES OF INVESTMENT ADVISERS ________________________________________________________...
- 1 - October 10, 1989 TO: TAX MEMBERS NO. 39-89 CLOSED-END FUND MEMBERS NO. 53-89 INTERNATIONAL FUNDS TASK FORCE NO. 17-89 ACCOUNTING/TREASURERS COMMITTEE NO. 45-89 RE: REGULATIONS ON NONFUNCTIONAL CURRENCY GAIN OR LOSS __________________________________________________________ The...
October 10, 1989 TO: SEC RULES COMMITTEE NO. 60-89 RE: SEC PARTICIPATION IN REORGANIZATION PROCEEDINGS __________________________________________________________ The SEC has issued a release seeking comments on the scope of its participation in bankruptcy proceedings under Chapter 11...
October 10, 1989 TO: SEC RULES MEMBERS NO. 57-89 RE: SEC STAFF WITHDRAWS CHASE FUND OF BOSTON NO-ACTION LETTER __________________________________________________________ The staff of the Division of Investment Management has withdrawn a no-action letter issued in 1980, Chase Fund of...
October 10, 1989 TO: TAX MEMBERS NO. 38-89 CLOSED-END FUND MEMBERS NO. 52-89 INTERNATIONAL FUNDS TASK FORCE NO. 16-89 ACCOUNTING/TREASURERS COMMITTEE NO. 44-89 RE: IRS PRIVATE LETTER RULING ON FUNCTIONAL CURRENCY OTHER THAN THE U.S. DOLLAR _____________________________________________...
October 9, 1989 TO: TAX MEMBERS NO. 37-89 CLOSED-END FUND MEMBERS NO. 51-89 INTERNATIONAL FUNDS TASK FORCE NO. 15-89 ACCOUNTING/TREASURERS COMMITTEE NO. 43-89 RE: FUNCTIONAL CURRENCY REGULATIONS ON QUALIFIED BUSINESS UNIT __________________________________________________________ As...
October 6, 1989 TO: MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 8-89 TAX MEMBERS NO. 36-89 RE: KENTUCKY PASS-THROUGH OF FEDERAL OBLIGATION INTEREST __________________________________________________________ As you know, the Institute has been working for some time to eliminate...
October 6, 1989 TO: TAX COMMITTEE NO. 16-89 CLOSED-END FUND COMMITTEE NO. 43-89 ACCOUNTING/TREASURERS COMMITTEE NO. 42-89 RE: REQUEST FOR REGULATORY GUIDANCE UNDER SECTION 852(b)(3)(C) __________________________________________________________ As you know, when Congress enacted the...
October 5, 1989 TO: STATE SECURITIES MEMBERS NO. 34-89 UNIT INVESTMENT TRUST MEMBERS NO. 54-89 RE: MARYLAND DIVISION OF SECURITIES - NEW ADDRESS __________________________________________________________ The Maryland Division of Securities has recently moved its offices. The new...
October 5, 1989 TO: SEC RULES MEMBERS NO. 55-89 CLOSED-END FUND MEMBERS NO. 49-89 UNIT INVESTMENT TRUST MEMBERS NO. 52-89 RE: INVESTMENT MANAGEMENT LETTER ON PROSPECTUS DISCLOSURE ON HIGH YIELD BONDS __________________________________________________________ The Division of Investment...
October 5, 1989 TO: STATE LIAISON COMMITTEE NO. 15-89 RE: NASAA ANALYST EDUCATION SEMINAR __________________________________________________________ The North American Securities Administrators Association ("NASAA") is sponsoring an Analyst Education Seminar in Boston, November 16-18...
October 5, 1989 TO: CLOSED-END FUND COMMITTEE NO. 42-89 RE: DRAFT AGENDA FOR CLOSED-END FUND COMMITTEE MEETING __________________________________________________________ Attached is the draft agenda for the Closed-End Fund Committee meeting scheduled for Wednesday, October 18, 1989 at...
October 5, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 46-89 RE: SUMMARY OF MAJOR ITEMS AGREED UPON AT SEPTEMBER 26-27 MEETINGS __________________________________________________________ Attached is a copy of Mr. Hernandez's summary of the points agreed upon at the September 26-27...
October 5, 1989 TO: DIRECT MARKETING COMMITTEE NO. 30-89 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 25-89 STATE LIAISON COMMITTEE NO. 16-89 UNIT INVESTMENT TRUST COMMITTEE NO. 68-89 CLOSED-END FUND MEMBERS NO. 48-89 CONTRACTUAL PLANS COMMITTEE NO. 3-89 RE: STATE ACTIONS TO REGULATE...
