August 30, 1989
TO: SMALL FUNDS MEMBERS NO. 5-89
RE: SMALL FUNDS CONFERENCE - NOVEMBER 15-17, 1989
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You are cordially invited to attend the annual Small Funds
Conference which is scheduled for November 15-17, 1989 at the Hotel
del Coronado, 1500 Orange Avenue, Coronado, California 92118.
For those of you who have been regular attendees at the spring
meeting and annual fall Small Funds Conference, you know the
importance of these meetings in providing current information in the
areas of SEC rules, tax and pension, operations, marketing and
legislation. The meetings are very friendly in that attendees do not
view each other as competitors but as colleagues. Good ideas are
freely exchanged at the meetings, and through the year, as friends
stay in touch with each other. In addition, it is a very good
opportunity to meet and discuss matters with the Institute's senior
staff. I strongly urge you to attend and bring one or more of your
associates.
The following is a preliminary agenda of items that will be
discussed. In addition, as in previous years, suggestions for items
are warmly invited and a separate sheet is attached to the
registration form for your comments.
Preliminary Agenda
1. Proposed Tax Legislation
A. Use of ex-dividend date for RIC income recognition
purposes
B. Increase in ordinary income minimum distribution rate from
97% to 98%
C. Denial of loss as a result of payment of sales loads for
exchanges within 30 days
D. Indexation of capital assets
1. fund level
2. shareholder level
3. equity not debt
4. individuals not corporations
E. Deductibility of mutual fund expenses -- 67(c)
2. Proposed legislation to authorize self regulatory organizations
for investment advisers
3. Possible IRA legislation
-2-
4. SEC Matters
A. 12b-1/NASD regulation
B. Newsletters - proposal for SEC interpretation
C. SEC proposal requiring identification of portfolio managers
D. SEC suggestion for management and discussion analysis for
mutual funds
E. Final SEC order in TIAA-CREF proceeding
F. Possible revision of Rule 2a-7 for money market funds
5. ICI Mutual Insurance Company
6. Operations Matters
A. EDGAR developments
B. Check aging surveys
C. Updated Transfer Agent Survey
D. FundSERV/Networking automated settlement system
E. Quality of Service project
7. "FUNDS" communications and information enhancements
8. Marketing Matters
A. Institute "Channels of Distribution" Research
B. Institute Market Penetration Research
C. New Institute brochures and booklets
The meeting will begin on Thursday morning, November 16 and
will continue through lunch on Friday, November 17. The Conference
fee for members is $65.00. In addition, there is a $35.00
luncheon/dinner fee for spouses or guests. Please complete the
attached green registration form and return it along with the
registration fee to Rita Pemberton at the Institute by Friday,
October 6, 1989.
The Institute has reserved a block of rooms at varying rates
depending upon the accommodations you select (see attached hotel Room
Reservation Request) for the nights of November 15 and 16 (the Hotel
del Coronado has also agreed to accept reservations three days prior
to and three days after the dates of November 15 and 16). You must
make your hotel reservations by completing and returning the attached
hotel Room Reservation Request along with the appropriate deposit
(one night's room rate) directly to the Hotel del Coronado. Please
note that hotel reservations must be received by them no later than
October 15, 1989 and they must be in writing and accompanied by a
deposit.
I look forward to seeing you in November.
John Cannon
Chairman
Attachments
SMALL FUNDS CONFERENCE
CONFERENCE REGISTRATION FORM
(Room Reservation Request must be sent directly to the Hotel .)
Hotel del Coronado
Coronado, California
November 15-17, 1989
PLEASE TYPE OR PRINT
________________________________ _____________________
NAME (Conference Registrant) TITLE
_____________________________________________________________
FIRM
_____________________________________________________________
ADDRESS
___________________________________________________________
CITY STATE ZIP CODE
TELEPHONE NO: (____) ________________
REGISTRATION FEE:
_____ $65.00 for each Conference Registrant
_____ $35.00 for each spouse or guest
Name of Spouse or Guest: ____________________
TOTAL FEES: $ _________ (check enclosed)
Please return this completed green registration form by Friday,
October 6, 1989 to:
Rita Pemberton
Investment Company Institute
1600 M Street, N.W. - Suite 600
Washington, D.C. 20036
NOTE: Send the Room Reservation Request directly to the Hotel
del Coronado by October 15, 1989.
SMALL FUNDS CONFERENCE
Hotel del Coronado
Coronado, California
November 15-17, 1989
AGENDA ITEMS SHEET
SUGGESTIONS FOR AGENDA:
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RETURN TO: Rita Pemberton
Investment Company Institute
1600 M Street, N.W. - 6th Floor
Washington, D.C. 20036