Memo #
9704

FUTURE ROLE OF THE INSTITUTE DISCUSSION AT NEVIS BOARD MEETING

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[9704] March 10, 1998 TO: BOARD OF GOVERNORS No. 10-98 RE: FUTURE ROLE OF THE INSTITUTE DISCUSSION AT NEVIS BOARD MEETING ______________________________________________________________________________ Enclosed for your information is a summary of the Board's discussion of future issues facing the investment company industry and the Institute. Also enclosed is a copy of a presentation made by Michael Goldstein of Sanford C. Bernstein & Co., Inc. to the ICI Executive Committee November 19, 1997. Please contact me at 202/326-5804 if you have questions about this material. C. Richard Pogue Consultant Enclosures

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