REMINDER - SEC AND NASD PHILADELPHIA OFFICES HOST A "DIALOGUE WITH THE REGULATORS" ON MAY 6

©2005 Investment Company Institute. All rights reserved. Information may be abridged and therefore incomplete. Communications from the Institute do not constitute, and should not be considered a substitute for, legal advice. [18815] April 28, 2005 TO: CLOSED-END INVESTMENT COMPANY COMMITTEE No. 19-05 COMPLIANCE ADVISORY COMMITTEE No. 32-05 CHIEF COMPLIANCE OFFICER COMMITTEE No. 36-05 EQUITY MARKETS ADVISORY COMMITTEE No. 21-05 SEC RULES COMMITTEE No. 30-05 SMALL FUNDS COMMITTEE No. 15-05 RE: REMINDER - SEC AND NASD PHILADELPHIA OFFICES HOST A “DIALOGUE WITH THE REGULATORS” ON MAY 6 As we previously informed you, Ari Gabinet, District Administrator of the Securities and Exchange Commission’s Philadelphia District Office, has requested that we bring to your attention an upcoming “dialogue with the regulators” hosted by the Philadelphia offices of the SEC and NASD. The event, which will be held on May 6, will provide attendees with an opportunity for an open dialogue with the securities regulators on a wide variety of issues including risk assessment, SEC and SRO examination trends, mutual fund marketing and disclosure, market structure developments, and enforcement priorities and techniques. Speakers will include SEC Commissioner Roel Campos, Vanguard Group Chairman and CEO John J. Brennan, and senior officials from the SEC and NASD. The event will only be open to the registrant community (no press or outside lawyers are invited). The event invitation, program, and registration information are attached. Ari Burstein Associate Counsel Attachment Attachment (in .pdf format)