April 18, 1990 TO: STATE SECURITIES MEMBERS NO. 8-90 SMALL FUNDS COMMITTEE NO. 7-90 RE: OHIO - NEW RECORDS RETENTION SCHEDULE __________________________________________________________ The Institute has recently been advised that the Ohio Securities Division implemented a new records...

April 18, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 18-90 PENSION MEMBERS NO. 17-90 RE: SEI UNIVERSITY COMPUTER-BASED TRAINING COURSE __________________________________________________________ The Institute is pleased to announce the availability of a computer-based training course...

- 1 - April 18, 1990 TO: BOARD OF GOVERNORS NO. 27-90 SEC RULES MEMBERS NO. 30-90 RE: NASD PROPOSED RULE ON ASSET BASED SALES CHARGES ________________________________________________________ As you know, the SEC proposed substantial amendments to Rule 12b-1 in June 1988. (See...

- 1 - April 18, 1990 TO: BOARD OF GOVERNORS NO. 28-90 MONEY MARKET MEMBERS - ONE PER COMPLEX NO. 5-90 SEC RULES MEMBERS NO. 31-90 STATE SECURITIES MEMBERS NO. 9-90 TAX MEMBERS NO. 17-90 UNIT INVESTMENT TRUST MEMBERS NO. 20-90 RE: TENNESSEE TAX LEGISLATION DEFEATED ____________________...

- 1 - April 18, 1990 TO: BOARD OF GOVERNORS NO. 29-90 STATE SECURITIES MEMBERS NO. 10-90 UNIT INVESTMENT TRUST MEMBERS NO. 21-90 RE: INSTITUTE OBTAINS BLUE CHIP EXEMPTION IN ALABAMA __________________________________________________________ Currently, all mutual funds and unit trusts...

April 17, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 17-90 RE: GOVERNOR CUOMO SIGNS CORRECTIVE NEW YORK ABANDONED PROPERTY LEGISLATION ________________________________________________________ We are pleased to inform you that Governor Cuomo today approved legislation amending the New York...

April 16, 1990 TO: STATE SECURITIES MEMBERS NO. 7-90 RE: TERM OF EFFECTIVENESS FOR SECURITIES REGISTRATION IN MICHIGAN __________________________________________________________ In December 1988, Section 471.705(h) of the Michigan Securities Act was amended to provide a one-year term...

- 1 - April 16, 1990 TO: CLOSED-END FUND MEMBERS NO. 15-90 TAX MEMBERS NO. 16-90 ACCOUNTING/TREASURERS MEMBERS NO. 12-90 RE: IRS REVENUE RULING TREATING "DUTCH-AUCTION RATE" PREFERRED STOCK AS EQUITY __________________________________________________________ The attached IRS revenue...

April 12, 1990 TO: SEC RULES COMMITTEE NO. 21-90 RE: DRAFT AGENDA FOR APRIL 26 MEETING ________________________________________________________ Attached is a draft agenda for the SEC Rules Committee meeting scheduled for April 26, 1990 at 10:00 a.m. in Washington, D.C. I am looking...

April 12, 1990 TO: EXECUTIVE COMMITTEE NO. 5-90 AUDIT COMMITTEE NO. 2-90 RE: Monthly Financial Reports __________________________________________________________ Enclosed is a copy of the financial statements of the Investment Company Institute for the sixth month ending March 31...