May 4, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 21-89 RE: MEMORANDUM FROM FULBRIGHT & JAWORSKI ON PROSPECTUS DELIVERY __________________________________________________________ Attached for your information are copies of the no-action letters referred to in the memorandum from...
May 3, 1989 TO: STATE SECURITIES MEMBERS NO. 15-89 BLUE SKY GUIDE RECIPIENTS RE: NEW YORK STATE DOUBLES REGISTRATION FEE FOR INVESTMENT COMPANIES __________________________________________________________ Attached is a new schedule of fees which the New York State Department of Law...
May 3, 1989 TO: SEC RULES MEMBERS NO. 24-89 RE: CORRECTED MEMORANDUM REGARDING PERFORMANCE ADVERTISING __________________________________________________________ We are re-issuing our memorandum to SEC Rules Members No. 22-89 regarding Recent SEC No-Action Letters on Performance...
May 2, 1989 TO: TAX MEMBERS NO. 15-89 MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 3-89 RE: NEW YORK ADVISORY OPINION ON PASS-THROUGH OF FEDERAL AGENCY OBLIGATION INTEREST __________________________________________________________ The attached advisory opinion was recently issued by...
May 1, 1989 TO: MEMBERS - ONE PER COMPLEX NO. 12-89 DIRECT MARKETING COMMITTEE NO. 15-89 MARKETING COMMITTEE NO. 9-89 PUBLIC INFORMATION COMMITTEE NO. 12-89 RESEARCH COMMITTEE NO. 10-89 SALES FORCE MARKETING COMMITTEE NO. 15-89 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 11-89 BROKER...
May 1, 1989 TO: CLOSED-END FUND MEMBERS NO. 19-89 OPEN-END FUND MEMBERS - STATISTICAL SUBSCRIBERS RE: CLOSED END FUND DATA BASE __________________________________________________________ Enclosed are the results of the Institute's survey on closed-end funds. Table I contains total...
April 27, 1989 TO: CLOSED-END FUND COMMITTEE NO. 13-89 RE: SURVEY ON CLOSED-END FUND PROTECTION FEATURES AND DISCOUNT CONTROL MEASURES __________________________________________________________ At the April 19, 1989 Closed-End Fund Committee Meeting, Chairman DeStaebler discussed the...
April 24, 1989 TO: BOARD OF GOVERNORS NO. 27-89 SEC RULES MEMBERS NO. 23-89 CLOSED-END FUND COMMITTEE NO. 12-89 FEDERAL LEGISLATION COMMITTEE NO. 6-89 UNIT INVESTMENT TRUST COMMITTEE NO. 20-89 RE: INSTITUTE COMMENTS ON PROPOSED LEGISLATION TO REGULATE TELEMARKETING ACTIVITIES ________...
April 26, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 20-89 RE: VIRGINIA PROPOSES INVESTMENT ADVISER RULES __________________________________________________________ On April 19, 1989, the State Corporation Commission of Virginia proposed rules concerning investment advisers and...
April 26, 1989 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 19-89 INDEPENDENT ACCOUNTANTS ADVISORY GROUP RE: NOTICE OF MEETING - JUNE 20, 1989 __________________________________________________________ This is to advise you that the next meeting of the combined Accounting/Treasurers...
April 25, 1989 TO: BOARD OF GOVERNORS NO. 26-89 MARKETING COMMITTEE NO. 8-89 DIRECT MARKETING COMMITTEE NO. 14-89 SALES FORCE MARKETING COMMITTEE NO. 14-89 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 10-89 RESEARCH COMMITTEE NO. 9-89 PENSION MEMBERS NO. 24-89 MEMBERS INTERESTED IN PUBLIC...
April 21, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 18-89 RE: APRIL 28 MEETING __________________________________________________________ Attached is a preliminary agenda for the April 28 meeting of the Unit Investment Trust Committee. The meeting will take place at 10:00 a.m. at...
April 20, 1989 TO: DIRECT MARKETING COMMITTEE NO. 13-89 RE: Marketing to the Bank Trust Department Marketplace __________________________________________________________ On April 5, 1989, the Institute met with a small group of direct- marketed fund groups who are interested in...
April 20, 1989 TO: UNIT INVESTMENT TRUST MEMBERS NO. 24-89 RE: INSTITUTE COMMENTS ON SEC PROPOSED AMENDMENTS TO SECTION 16 RULES __________________________________________________________ In December, the SEC proposed a number of substantive changes to the rules under section 16 of...
- 1 - April 20, 1989 TO: PENSION MEMBERS NO. 23-89 RE: IRS REVENUE RULING CONCERNING IRA ROLLOVER FROM A SECTION 403(b) ARRANGEMENT __________________________________________________________ Attached is a copy of IRS Revenue Ruling 89-50, which addresses the rollover into an IRA of a...
April 19, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 19-89 RE: NOTICE OF TWO-DAY MEETING - CHANGE OF DATES NEW DATES: JUNE 15-16, 1989 __________________________________________________________ This is to advise you that the two-day meeting of the Broker/Dealer Advisory Committee...
April 19, 1989 TO: BOARD OF GOVERNORS NO. 25-89 STATE SECURITIES MEMBERS NO. 14-89 UNIT INVESTMENT TRUST MEMBERS NO. 23-89 INVESTMENT ADVISER MEMBERS NO. 26-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 25-89 RE: INSTITUTE COMMENT LETTER ON THE AGENDA FOR THE ANNUAL SEC-NASAA CONFERENCE...
April 18, 1989 TO: SEC RULES MEMBERS NO. 22-89 RE: RECENT SEC NO ACTION LETTERS ON PERFORMANCE ADVERTISING __________________________________________________________ In an attached no action request and response the staff of the SEC's Division of Investment Management stated that it...
April 18, 1989 TO: STATE LIAISON COMMITTEE NO. 5-89 RE: COMMENTS REQUESTED ON OKLAHOMA'S RENEWAL PROCESS __________________________________________________________ The Institute has recently been contacted by several members stating that Oklahoma's renewal process is overly burdensome...
- 1 - April 18, 1989 TO: TAX MEMBERS NO. 14-89 UNIT INVESTMENT TRUST MEMBERS NO. 22-89 CLOSED-END FUND MEMBERS NO. 18-89 OPERATIONS MEMBERS NO. 15-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 9-89 RE: AMENDMENTS TO BACKUP WITHHOLDING REGULATIONS _______________________________...
April 18, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 18-89 FUND/SERV PARTICIPANTS RE: PENDING BROKER REGISTRATION/FUND ACKNOWLEDGMENT STATUS REPORT __________________________________________________________ Attached is a copy of the Registration Status Report as of March 31, 1989...
April 17, 1989 TO: EXECUTIVE COMMITTEE NO. 5-89 AUDIT COMMITTEE NO. 2-89 RE: Monthly Financial Reports __________________________________________________________ Enclosed is a copy of the financial statements of the Investment Company Institute for the sixth month ending March 31...
April 17, 1989 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 18-89 OPERATIONS MEMBERS NO. 14-89 SEC RULES COMMITTEE NO. 22-89 STATE LIAISON COMMITTEE NO. 4-89 TAX MEMBERS NO. 13-89 MEMBERS - ONE PER COMPLEX NO. 10-89 RE: Training Conference Videotapes _______________________________________...
