September 20, 1991
TO: INVESTMENT ADVISERS COMMITTEE NO. 46-91
RE: INSTITUTE COMMENTS ON INDIANA AND OREGON RULE PROPOSALS
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The Institute commented on recent rule proposals announced
by the Indiana and Oregon securities departments. (See Institute
Memoranda to Investment Advisers Committee No. 40-91 and
Investment Adviser Members No. 38-91, Investment Adviser
Associate Members No. 41-91, dated September 5, 1991 and
September 11, 1991, respectively.)
The Institute urged liberal waivers from investment adviser
examination requirements in both states. The Institute also
supported Indiana's proposed adoption of SEC Release 1092
regarding financial planners and others who provide investment
advisory services.
We will keep you informed of developments.
W. Richard Mason
Assistant Counsel - Pension
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