Memo #
4195

FORMATION OF SUBCOMMITTEE ON CREDITORS' RIGHTS ISSUES

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October 21, 1992 TO: SEC RULES COMMITTEE NO. 79-92 RE: FORMATION OF SUBCOMMITTEE ON CREDITORS’ RIGHTS ISSUES __________________________________________________________ At the SEC Rules Committee meeting held on October 20, 1992, the Institute proposed forming a subcommittee to address creditor’s rights issues relating to investment companies. The purpose of the subcommittee would be to give members an opportunity to exchange views on these issues, and, if appropriate, to work on projects that may be useful in addressing them. If you or anyone in your firm is interested in participating on the creditors’ rights subcommittee, please contact Michael Branch at 202/955-3524 by November 11, 1992. If you have any questions about the subcommittee, please contact me at 202/955-3522. Craig S. Tyle Vice President - Securities

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