* See Memorandum to Investment Advisers Committee No. 12-96, SEC Rules Committee No. 50-96, dated May 30, 1996.
June 26, 1996
TO: INVESTMENT ADVISERS COMMITTEE No. 15-96
SEC RULES COMMITTEE No. 66-96
RE: INSTITUTE COMMENT LETTER ON SEC PROPOSAL TO ELIMINATE
CERTAIN USERS FEES
______________________________________________________________________________
The Institute recently submitted the attached letter strongly supporting the Securities
and Exchange Commissions recent rule proposal to eliminate a series of user fees that were
authorized under the Independent Offices Appropriations Act of 1952.*
Alexander C. Gavis
Assistant Counsel
Attachment