Notice of Conference Call to Discuss New Suspicious Activity Reporting (SAR) Rule for Mutual Funds

©2006 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. [20011] May 4, 2006 TO: AML COMPLIANCE WORKING GROUP No. 15-06 TRANSFER AGENT ADVISORY COMMITTEE No. 32-06 RE: NOTICE OF CONFERENCE CALL TO DISCUSS NEW SUSPICIOUS ACTIVITY REPORTING (SAR) RULE FOR MUTUAL FUNDS As you know, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) adopted a rule today that will require mutual funds to report suspicious transactions.1 We will be holding a conference call at 3:00 p.m. Eastern time on Tuesday, May 23, 2006 to discuss the new rule. In order to participate in the call, use the following dial-in information: Dial-in Number: 888-425-4795 Passcode: 46469 If you intend to participate in the call, please RSVP via email to Ruth Tadesse at rtadesse@ici.org. Robert C. Grohowski Senior Counsel - International Affairs 1 See Memorandum No. 20009, dated May 4, 2006.