December 18, 1989
TO: OPERATIONS COMMITTEE NO. 26-89
RE: REMINDER - CHECK AGING STUDY - MONTH OF NOVEMBER, 1989
__________________________________________________________
At the October 18, 1989 meeting, the Operations Committee
agreed to conduct a "check aging" study of investors checks
presented to money market and other income funds for share
purchases during the month of November, 1989 (see Memo to
Operations Committee No. 22-89 dated October 25, 1989). In that
memo, we asked that you return the completed forms and any other
responses or comments you may have as soon as possible in
December.
Thus far, we have received very few of the completed
studies. In that regard, if you have not already done so, please
send your completed "check aging" study forms as soon as possible
to:
Rita Pemberton
Investment Company Institute
1600 M Street, NW - 6th Floor
Washington, D.C 20036
If your firm's study will be delayed, please call Ms.
Pemberton at 202/955-3551 and so inform her.
Donald E. O'Connor
Vice President - Operations