1 See Memorandum to Accounting/Treasurers Committee No. 12-95, Institutional Funds Committee No. 4-95,
Operations Committee No. 10-95, SEC Rules Committee No. 32-95 and Unit Investment Trust Committee No. 23-95,
dated February 28, 1995.
2 As proposed, the amendments would not extend to unit investment trusts; however, the proposing release seeks
comments on the appropriateness of a rule allowing unit trusts to assess deferred loads.
March 13, 1995
TO: ACCOUNTING/TREASURERS COMMITTEE No. 16-95
INSTITUTIONAL FUNDS COMMITTEE No. 5-95
OPERATIONS COMMITTEE No. 13-95
SEC RULES COMMITTEE No. 39-95
UNIT INVESTMENT TRUST COMMITTEE No. 28-95
RE: 3/14 MEETING ON PROPOSED AMENDMENTS TO RULE 6c-10 CANCELLED
______________________________________________________________________________
We recently sent you the SEC’s releases (1) adopting Rule 18f-3 (permitting mutual
funds to issue multiple classes of shares), (2) adopting Rule 6c-10 (permitting funds to impose
contingent deferred sales charges), and (3) proposing amendments to Rule 6c-10.1 The
proposed amendments would permit funds to assess non-contingent deferred sales charges,2
and would liberalize certain requirements of Rule 6c-10 as adopted. Our cover memorandum
announced that a meeting was scheduled for Tuesday, March 14th (tomorrow) to discuss the
proposed amendments to Rule 6c-10. Due to a lack of response, the meeting has been
cancelled.
Please note that comments on the proposed amendments must be filed by April 17th. If
there are issues you would like the Institute to consider including in its comment letter, please
call me at (202) 326-5822 by Friday, March 31st.
Frances M. Stadler
Associate Counsel