June 17, 1997
TO: BROKER/DEALER ASSOCIATE MEMBERS No. 13-97
SALES FORCE MARKETING COMMITTEE No. 16-97
RE: JUNE 12, 1997 SALES FORCE MARKETING COMMITTEE MEETING
______________________________________________________________________________
As you are aware, the next meeting of the Investment Company Institutes Sales Force
Marketing Committee is scheduled for 9:00 am to noon on Thursday, June 12, 1997 at the
Institute offices in Washington, DC. If you plan to attend this meeting and have not yet
returned your registration form, please do so as soon as possible.
At the meeting, the Committee will receive an update about several critical legislative and
regulatory issues affecting the mutual fund industry, including the SECs profile prospectus
proposal, the NASDRs proposal on bond fund risk ratings, and retirement savings. The
Committee will also review the recent speech by Barry Barbash, SEC Director, Division of
Investment Management, entitled "Fund Disclosure: The Sequel."
In preparation for the update and discussion, I have enclosed a copy of Mr. Barbashs speech,
along with a copy of a recent speech by Institute President Matthew Fink, which touch upon
many of the legislative and regulatory issues that will be discussed at the meeting. Please
review these materials prior to the meeting.
I look forward to seeing you next month. If you have any questions about the upcoming
meeting or the enclosed materials, please call me. Also, please let me know if you would like
any topics added to the attached Committee agenda. I can be reached at 202/326-5883
(electronic mail: brenner@ici.com; fax: 202/326-5853).
Linda Brenner
Director, Sales Force Marketing
and Financial Planning Services
Enclosures