[9965]
May 26, 1998
TO: BOARD OF GOVERNORS No. 37-98
INVESTMENT COMPANY DIRECTORS No. 6-98
PRIMARY CONTACTS - MEMBER COMPLEX No. 45-98
RE: REGIONAL FORUMS FOR DIRECTORS IN BOSTON AND NEW YORK
______________________________________________________________________________
As previously announced, the Investment Company Institute is holding two one-day
Regional Forums for investment company directors in selected cities. Enclosed is the final
program and a registration form for the Regional Forum in Boston, to be held on Monday, June
8th, and the Regional Forum in New York, scheduled for Thursday, June 11th. Although the
enclosed brochure indicates that the registration deadline is May 22, please note that the
Institute will accept registrations through June 5.
The Forums will feature a case study conducted as a business school class by Professor
Peter Tufano of Harvard Business School, focusing on fair value pricing and related issues.
John Rea, Chief Economist at the Institute, will then moderate a panel on industry trends that
will include Geoff Bobroff, President of Bobroff Consulting, Inc. and Kurt Cerulli, Principal,
Cerulli Associates, Inc.
We are pleased to announce that Barry Barbash, Director of the SEC’s Division of
Investment Management, will make informal remarks at the luncheon at the New York Forum,
and that Juan Marcel Marcelino, District Administrator of the SEC’s Boston District Office, will
speak at lunch at the Boston Forum. The afternoon session will be an interactive exercise,
facilitated by Kathryn McGrath of Morgan, Lewis & Bockius and Meyrick Payne of
Management Practice Inc., which will provide directors with an opportunity to share their
thoughts with their peers on the differences between the decision making responsibilities of
fund directors, the management company, and certain other professionals with respect to
various mutual fund issues.
For more information about the Forum programs, please contact me at 202/326-5813. If
you have questions regarding registration for a Forum, please contact the Institute’s Conference
Division at 202/326-5968.
Marguerite C. Bateman
Associate Counsel
Enclosure