May 20, 1991
TO: COMPLIANCE COMMITTEE NO. 4-91
RE: FALL MEETING
__________________________________________________________
In response to inquiries the Institute has received with
respect to the date of the next Compliance Committee meeting,
this is to advise you that the next meeting will not be held
until next fall. The decision to not hold a meeting during the
summer was based on the fact that there were no pressing issues
to address and that it would be more convenient for most members
of the Committee because of summer vacation plans. In addition,
by that time the amendments to the rules under Section 16 of the
Securities Exchange Act and to Rule 2a-7 of the Investment
Company Act will have been in effect for several months. Funds'
experiences under those amended rules should provide the
Committee with a number of interesting issues to discuss at the
next meeting. If there are any topics that you wish to be
included on the next agenda, please let me know.
A notice for the next meeting will be distributed towards
the end of the summer.
Amy B.R. Lancellotta
Assistant General Counsel