August 1, 1991
TO: SEC RULES MEMBERS NO. 39-91
CLOSED-END FUND MEMBERS NO. 33-91
UNIT INVESTMENT TRUST MEMBERS NO. 28-91
ACCOUNTING/TREASURERS MEMBERS NO. 21-91
RE: CONFERENCE ON CREDITORS' RIGHTS ISSUES FOR INVESTMENT
COMPANIES
__________________________________________________________
Investment companies today are increasingly faced with
issues concerning financial restructurings of troubled issuers.
To provide a forum for identifying and analyzing those issues,
the Institute is sponsoring a special one-day conference on
creditors' rights issues for investment companies. The
conference will be held on Tuesday, November 12 at the Ramada
Renaissance Techworld Hotel in Washington, D.C.
As the attached preliminary agenda indicates, the
conference will consist of three panels which will discuss the
following topics: Investing in lower rated or unrated bonds,
restructuring outside of bankruptcy and restructuring under the
bankruptcy code.
We are pleased that SEC Commissioner Richard Y. Roberts
will be delivering the keynote address at the conference.
Attached is a registration form for you to complete and
return to the Institute as soon as possible. Please note that
attendance at the conference is limited to Institute members and
other organizations maintaining a business relationship with an
Institute member, such as outside counsel and accountants.
A block of rooms has been reserved at the Ramada
Renaissance Techworld Hotel for conference attendees. The
address of the hotel is 999 9th Street, N.W. and the telephone
number is 202/898-9000. Please make your own hotel reservations.
When you telephone for reservations, please be sure to mention
that you are attending the Investment Company Institute's
conference.
We look forward to seeing you on November 12.
Amy B.R. Lancellotta
Assistant General Counsel
Attachments