February 5, 2004 Mr. Jonathan G. Katz Secretary U.S. Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549-0609 Re: Disclosure Regarding Market Timing and Selective Disclosure of Portfolio Holdings (File No. S7-26-03) Dear Mr. Katz: The Investment Company...
February 5, 2004 Mr. Jonathan G. Katz Secretary U.S. Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549-0609 Re: Proposed Amendments to Rule 22c-1 Relating to Pricing of Fund Shares; File No. S7-27-03___________________ Dear Mr. Katz: The Investment Company...
February 5, 2004 Mr. Jonathan G. Katz Secretary U.S. Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549-0609 Re: Compliance Programs of Investment Companies and Investment Advisers; File No. S7-03-03__________________ Dear Mr. Katz: The Investment Company...
February 5, 2004 Mr. Jonathan G. Katz Secretary U.S. Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549-0609 Re: Disclosure of Breakpoint Discounts by Mutual Funds; File No. S-7-28-03______ Dear Mr. Katz: The Investment Company Institute1 appreciates the...
ICI Hails Bush Proposals for Savings and Retirement Accounts Washington, DC, February 3, 2004 - Matthew P. Fink, President of the Investment Company Institute, the national association of the mutual fund industry, which serves 91.2 million individual investors, issued the following...
ICI Strongly Supports Bush Administration’s FY 2005 Plan to Bolster SEC Funding Washington, DC, February 3, 2004 - Matthew P. Fink, President of the Investment Company Institute issued the following statement today: “The Investment Company Institute strongly supports the Bush...
ICI President Issues Statement Concerning Mutual Fund Fees Washington, DC, January 27, 2004 - Matthew P. Fink, president of the Investment Company Institute, said today that New York Attorney General Eliot Spitzer’s assertion that mutual funds charge more for portfolio advisory fees...
January 23, 2004 Barbara Z. Sweeney NASD Office of the Corporate Secretary 1735 K Street, NW Washington, D.C. 20006-1500 Re: Request for Comment Regarding Disclosure of Mutual Fund Expense Ratios in Performance Advertising (NASD Notice to Members 03-77) Dear Ms. Sweeney: The...
Frequently Asked Questions About “Best Execution” What is “best execution”? While there is no specific definition of “best execution” under the securities laws, a broker-dealer has a duty to ensure that customers receive best execution on their orders by taking into account all the...
January 21, 2004 Mr. Alan D. Lebowitz Deputy Assistant Secretary for Program Operations Employee Benefits Security Administration U.S. Department of Labor 200 Constitution Avenue, NW, Suite N-5677 Washington, DC 20210 Re: Market Timing in Retirement Plans Dear Alan: Thank you for the...
