April 14, 1994
TO: BOARD OF GOVERNORS NO. 31-94
RE: REQUEST FOR VIEWS ON PERSONAL TRADING
__________________________________________________________
As you are aware, the Institute's Advisory Group on personal
trading issues is moving rapidly toward completion of its report,
the release of which is anticipated for May 12, 1994. We expect
that the Advisory Group will brief the Board on its recommendations
on May 4th.
In order to expedite completion of the report, we would like
to have the of Board members on various approaches that have been
suggested to the Advisory Group. Attached is a memorandum recently
sent to all Institute members, soliciting their views on these
suggested approaches. As of this date, the Institute has received
35 responses, 6 of which are from firms represented on the Board.
If your firm has not yet responded, we would appreciate
receiving your views in writing by April 21st. (They may be faxed
to 202/326-5812.) Should you have any questions, please contact me
or Paul Stevens at 202/326-5810, or Tom Selman, Assistant Counsel,
at 202/326-5819.
Matthew P. Fink
President
Attachment