June 28, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 40-90 RE: VERMONT ISSUES ADMINISTRATIVE ORDER GRANTING AN EXEMPTION FOR RESALES __________________________________________________________ In most states, unit trusts rely on an exemption from registration under the state securities...

June 28, 1990 TO: DIRECT MARKETING COMMITTEE NO. 15-90 SALES FORCE MARKETING COMMITTEE NO. 15-90 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 14-90 PUBLIC INFORMATION COMMITTEE NO. 21-90 RESEARCH COMMITTEE NO. 14-90 SMALL FUNDS COMMITTEE NO. 9-90 RE: FIFTH ANNUAL ADVERTISING/MARKETING...

June 28, 1990 TO: BOARD OF GOVERNORS NO. 46-90 RE: SUPREME COURT DENIES CERT. IN INDEX PARTICIPATIONS CASE __________________________________________________________ On June 18, the U.S. Supreme Court denied certiorari in the case concerning "index participations." The Court's action...

June 27, 1990 TO: PUBLIC INFORMATION COMMITTEE NO. 20-90 RE: PUBLIC INFORMATION COMMITTEE __________________________________________________________ The preliminary agenda for the July 16 Public Information Committee meeting is enclosed. If you have any suggestions for revisions or...

June 27, 1990 TO: BROKER/DEALER ADVISORY COMMITTEE NO. 21-90 RE: FUND/SERV STATUS REPORT FOR MONTH ENDING MAY, 1990 __________________________________________________________ Attached is a copy of the Fund/SERV Status Report for the month ending May, 1990. We will continue to send you...

June 26, 1990 TO: SEC RULES MEMBERS NO. 44-90 ACCOUNTING/TREASURERS MEMBERS NO. 13-90 RE: TREASURY DEPARTMENT LETTER ON TRI-PARTY REPOS __________________________________________________________ The Department of the Treasury has issued a letter meant to clarify when "tri-party" repos...

June 26, 1990 TO: BOARD OF GOVERNORS NO. 45-90 RE: HOUSE APPROVES H.R. 3657, THE "SECURITIES MARKETS REFORM ACT OF 1990" __________________________________________________________ The U.S. House of Representatives has approved by voice vote H.R. 3657, the "Securities Markets Reform...

- 1 - June 25, 1990 TO: PENSION MEMBERS NO. 29-90 INVESTMENT ADVISER MEMBERS NO. 26-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 24-90 RE: PROPOSED AND INTERIM REGULATIONS RELATING TO ERISA 502(1) __________________________________________________________ The Department of Labor...

June 22, 1990 TO: BOARD OF GOVERNORS NO. 44-90 SEC RULES COMMITTEE NO. 35-90 RE: FED PROPOSES ALLOWING BANK HOLDING COMPANY SUBSIDIARIES TO BROKER SHARES OF AFFILIATED FUNDS; COMPTROLLER EXTENDS COMMENT PERIOD ON COMMON TRUST FUND PROPOSAL _____________________________________________...

June 22, 1990 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 18-90 TAX COMMITTEE NO. 14-90 RE: PASSIVE FOREIGN INVESTMENT COMPANY (PFIC) SURVEY __________________________________________________________ At a June 7, 1990 meeting on international tax issues, members expressed a desire that...