February 2, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 5-89 RE: INSTITUTE COMMENTS ON NEW YORK PROPOSED LEGISLATION __________________________________________________________ As you may recall, a number of investment adviser legislative proposals have been introduced in the New York...
February 1, 1989 TO: PENSION MEMBERS NO. 5-89 RE: COST-OF-LIVING ADJUSTMENTS TO SECTION 415 AND RELATED LIMITATIONS __________________________________________________________ Attached is a copy of IRS News Release 89-10, which provides for cost-of-living adjustments to the limitations...
January 31, 1989 TO: PENSION MEMBERS NO. 4-89 RE: 1989 IRS FORM 1099-R ____________________________________________________ Attached is a copy of the 1989 IRS Form 1099-R, Total Distributions from Profit-Sharing, Retirement Plans, Individual Retirement Arrangements, Insurance...
January 31, 1989 TO: UNIT INVESTMENT TRUST MEMBERS NO. 11-89 SEC RULES COMMITTEE NO. 9-89 RE: YIELD QUOTATION ON MARKET DISCOUNT MUNICIPAL BONDS __________________________________________________________ As we previously informed you, the Institute has filed a letter with the SEC...
@ 1 @ January 27, 1989 TO: SEC RULES MEMBERS NO. 6-89 RE: INSTITUTE RECEIVES NO-ACTION ASSURANCE FOR A NEW FUND TO ADVERTISE ITS AGGREGATE TOTAL RETURN THAN ITS ANNUALIZED TOTAL RETURN __________________________________________________________ The amendments to Securities Act Rule 482...
January 26, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 4-89 RE: NASD PROPOSAL TO RESTRICT PAYMENT OF REFERRAL FEES __________________________________________________________ Attached is an NASD notice to members concerning a proposed rule that would restrict payment of referral fees...
@ 1 @ January 26, 1989 TO: SEC RULES MEMBERS NO. 5-89 ACCOUNTING/TREASURERS COMMITTEE NO. 8-89 RE: SEC ADOPTS FEE TABLE FOR VARIABLE ANNUITIES; PROVIDES GUIDANCE FOR THE PREPARATION OF MUTUAL FUND FEE TABLES __________________________________________________________ As we previously...
January 26, 1989 TO: SEC RULES MEMBERS NO. 4-89 STATE SECURITIES MEMBERS NO. 5-89 BROKER/DEALER ADVISORY COMMITTEE NO. 6-89 RE: IDAHO ISSUES RELEASE ON MUTUAL FUND WHOLESALERS __________________________________________________________ Attached is a recent release of the Idaho...
January 26, 1989 TO: PENSION MEMBERS NO. 3-89 RE: IRS NOTICE PROVIDING AUTOMATIC EXTENSIONS OF TIME WITH RESPECT TO 1986 TAX REFORM ACT AMENDMENTS __________________________________________________________ As you know, recent amendments to the regulations under section 401(b) of the...
January 24, 1989 TO: SEC RULES COMMITTEE NO. 8-89 INVESTMENT ADVISERS COMMITTEE NO. 3-89 RULE 144A SUBCOMMITTEE RE: DRAFT COMMENT LETTER ON RULE 144A __________________________________________________________ Attached for your review is a draft comment letter developed as a result of...
January 24, 1989 TO: SEC RULES COMMITTEE NO. 6-89 SEC RULES COMMITTEE SUBCOMMITTEE ON ADVERTISING RE: FEBRUARY SUBCOMMITTEE MEETING -- CHANGE IN MEETING DATE __________________________________________________________ The date of the February meeting of the SEC Rules Committee...
- 1 - January 24, 1989 TO: BOARD OF GOVERNORS NO. 6-89 STATE SECURITIES MEMBERS NO. 4-89 UNIT INVESTMENT TRUST MEMBERS NO. 10-89 RE: MICHIGAN ADOPTS BLUE CHIP EXEMPTION AND INCREASES REGISTRATION FEES __________________________________________________________ Currently, all mutual...
January 24, 1989 TO: INVESTMENT ADVISER MEMBERS NO. 5-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 5-89 RE: NORTH CAROLINA ADOPTS TEMPORARY INVESTMENT ADVISER RULES __________________________________________________________ As of January 1, 1989, investment advisers and investment...
January 23, 1989 TO: UNIT INVESTMENT TRUST MEMBERS NO. 8-89 RE: SEC LETTER ON PROSPECTUS DELIVERY REQUIREMENTS __________________________________________________________ Attached are a recent request for an interpretive opinion from the SEC with regard to prospectus delivery...
January 23, 1989 TO: CLOSED-END FUND MEMBERS NO. 6-89 UNIT INVESTMENT TRUST MEMBERS NO. 9-89 STATE SECURITIES MEMBERS NO. 3-89 RE: MASSACHUSETTS INCREASES REGISTRATION FEES __________________________________________________________ The Institute has learned that Massachusetts has...
January 19, 1989 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 5-89 RE: 1. FUND/SERV STATUS REPORT 2. PENDING PROJECTS FOR FUND/SERV AND NETWORKING __________________________________________________________ For your information, attached is the Fund/SERV Status Report for the month ending...
January 19, 1989 TO: BOARD OF GOVERNORS NO. 5-89 CLOSED-END FUND COMMITTEE NO. 1-89 SEC RULES COMMITTEE NO. 5-89 UNIT INVESTMENT TRUST COMMITTEE NO. 2-89 RE: FED APPLICATIONS TO UNDERWRITE AND DEAL IN DEBT AND EQUITY SECURITIES _________________________________________________________...
@ 1 @ January 18, 1989 TO: UNIT INVESTMENT TRUST MEMBERS NO. 7-89 SEC RULES COMMITTEE NO. 4-89 AD HOC SUBCOMMITTEE ON YIELD RE: YIELD QUOTATIONS ON MARKET DISCOUNT MUNICIPAL BONDS __________________________________________________________ Attached is a letter from the Institute...
January 18, 1989 TO: PENSION MEMBERS NO. 2-89 RE: IRS REVENUE PROCEDURE REVISING USER FEE SCHEDULE __________________________________________________________ Attached is a copy of Revenue Procedure 89-4, which revises the schedule of user fees for rulings, opinion letters...
January 18, 1989 TO: OPERATIONS COMMITTEE NO. 3-89 RE: NOTICE OF MEETING - MARCH 11, 1989 __________________________________________________________ This is to advise you that the next Operations Committee Meeting will be held on Saturday, March 11, 1989 at 8:30 a.m. at Marriott's...
January 17, 1989 TO: TAX MEMBERS NO. 5-89 MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 1-89 UNIT INVESTMENT TRUST MEMBERS NO. 6-89 RE: INDIANA INTANGIBLES TAX HELD UNCONSTITUTIONAL __________________________________________________________ In the attached opinion, an Indiana...
January 17, 1989 TO: SEC RULES COMMITTEE NO. 3-89 SEC RULES COMMITTEE SUBCOMMITTEE ON ADVERTISING RE: FEBRUARY 23 SUBCOMMITTEE MEETING __________________________________________________________ At the January 10 meeting of the SEC Rules Committee, members of the Committee requested...
January 16, 1989 TO: STATE SECURITIES MEMBERS NO. 2-89 BLUE SKY GUIDE RECIPIENTS RE: MINIMUM SECURITIES REGISTRATION FEE IN TENNESSEE __________________________________________________________ Section 48-2-107(b) of the Tennessee Code was amended to allow the Commissioner to establish...
January 16, 1989 TO: FEDERAL LEGISLATION MEMBERS NO. 1-89 RE: REPORT OF THE CHAIRMAN OF THE FEDERAL LEGISLATION COMMITTEE, JANUARY 1989 __________________________________________________________ Attached is a copy of the Report of the Chairman of the Federal Legislation Committee. If...
