January 18, 1991
TO: UNIT INVESTMENT TRUST COMMITTEE NO. 4-91
RE: DRAFT NUVEEN LETTER TO DEALERS ON LONG-TERM YIELDS FOR
SECONDARY TRUSTS
__________________________________________________________
During the January 17 conference call among Committee
members on quoting long-term yield figures for unit trusts being
offered in the secondary market, Jim Wesolowski of John Nuveen
stated that Nuveen intended to send written notice to dealers
informing them of the decision to begin quoting ELTR on secondary
trusts by February 1 and providing additional information.
Several sponsors asked if Jim could furnish them with a draft of
this letter and he graciously agreed to do so. A copy of the
draft follows.
Craig S. Tyle
Associate General Counsel
Attachment