©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.
[19120]
August 24, 2005
TO: BOARD OF GOVERNORS No. 41-05
INVESTMENT COMPANY DIRECTORS No. 23-05
RE: IDC LETTER WELCOMES SEC CHAIRMAN COX
Earlier this month, the Honorable Christopher Cox was sworn in as the 28th Chairman of
the U.S. Securities and Exchange Commission. IDC Chairman James Bodurtha sent Chairman
Cox a letter describing the organization and the recent work of the IDC. He included copies of
the IDC’s Policy Statement on Soft Dollars, as well as copies of the three task force reports the
IDC issued this year on the independent chair issue, board self-assessments and board
oversight of multiple funds. Mr. Bodurtha also expressed an interest in meeting with the new
Chairman as soon as practicable.
Marguerite C. Bateman
Managing Director
Attachment (in .pdf format)
Note: Not all recipients receive the attachment. To obtain a copy of the attachment, please visit our members
website (http://members.ici.org) and search for memo 19120, or call the ICI Library at (202) 326-8304 and request the
attachment for memo 19120.