May 14, 1996
TO: BANK AND TRUST ADVISORY COMMITTEE No. 14-96
RE: DRAFT INSTITUTE COMMENT LETTER ON NASD BANK BROKER-DEALER
RULES
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Enclosed please find the Institutes draft comment letter on the NASD proposal filed
with the Securities and Exchange Commission to revise rules governing member sales activities
on bank premises and an ICI memorandum summarizing the key points in the draft letter.
We will keep you informed of developments.
Diane M. Butler
Director - Operations & Fund Custody
Enclosures