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[19067]
August 4, 2005
TO: BOARD OF GOVERNORS No. 34-05
CHIEF COMPLIANCE OFFICER COMMITTEE No. 53-05
COMPLIANCE ADVISORY COMMITTEE No. 49-05
PRIMARY CONTACTS - MEMBER COMPLEX No. 30-05
SEC RULES COMMITTEE No. 45-05
SMALL FUNDS COMMITTEE No. 24-05
TECHNOLOGY ADVISORY COMMITTEE No. 15-05
CLOSED-END INVESTMENT COMPANY COMMITTEE No. 26-05
UNIT INVESTMENT TRUST COMMITTEE No. 12-05
RE: INSTITUTE PRESIDENT’S SUBMISSION TO SEC CHAIRMAN COX
On August 3rd, the Honorable Christopher Cox was sworn in as the 28th Chairman of the
Securities and Exchange Commission. In the enclosed letter and related submission, I have
underscored the Institute’s commitment to working with Chairman Cox and his fellow
Commissioners. I have also highlighted important initiatives for the Commission’s
consideration, including reforming the mutual fund disclosure regime by, for example, taking
advantage of the Internet as a delivery medium, adopting a flexible and workable alternative to
the Commission’s “hard 4:00 p.m. close” proposal, and improving the SEC’s efficiency and
effectiveness.
A copy of my letter and the Institute’s submission to Chairman Cox is enclosed.
Paul Schott Stevens
President
Attachment (in .pdf format)
Note: Not all recipients receive the attachments. To obtain copies of the attachments, please visit our members
website (http://members.ici.org) and search for memo 19067, or call the ICI Library at (202) 326-8304 and request the
attachments for memo 19067.