- 1 - February 26, 1990 TO: SEC RULES MEMBERS NO. 15-90 UNIT INVESTMENT TRUST MEMBERS NO. 11-90 RE: INSTITUTE COMMENTS ON FDIC REGULATIONS CONCERNING PASS-THROUGH INSURANCE FOR UITs; FDIC ISSUES STUDY ON PASS-THROUGH INSURANCE TREATMENT ________________________________________________...

February 23, 1990 TO: PENSION MEMBERS NO. 9-90 TAX MEMBERS NO. 10-90 OPERATIONS MEMBERS NO. 7-90 TRANSFER AGENT ADVISORY COMMITTEE NO. 6-90 RE: IRS ALLOWS COMPOSITE RETURNS FOR IRAs INVESTED IN RICs TO CLAIM REFUND UNDER SECTION 852(b) _________________________________________________...

February 23, 1990 TO: MEMBERS - ONE PER COMPLEX NO. 8-90 ABANDONED PROPERTY TASK FORCE RE: LETTERS TO SHAREHOLDERS CONCERNING NY ABANDONED PROPERTY LAW __________________________________________________________ We recently sent you a memorandum regarding the New York Abandoned...

February 22, 1990 TO: BOARD OF GOVERNORS NO. 13-90 PENSION MEMBERS NO. 8-90 RE: IRS REVENUE RULING CONCERNING TRANSFERS AMONG SECTION 403(b) ARRANGEMENT FUNDING VEHICLES __________________________________________________________ As you know, the Securities and Exchange Commission...

February 21, 1990 TO: CLOSED-END FUND COMMITTEE NO. 7-90 SEC RULES COMMITTEE NO. 12-90 RE: SEC PROPOSES REVISIONS TO ENFORCEMENT LEGISLATION; THE "SMALL INVESTOR PROTECTION ACT OF 1990" __________________________________________________________ Set forth below are brief descriptions...

February 21, 1990 TO: BOARD OF GOVERNORS NO. 12-90 SEC RULES COMMITTEE NO. 13-90 RE: CERTIORARI DENIED IN BANK UNDERWRITING OF MORTGAGE-BACKED SECURITIES CASE __________________________________________________________ The U.S. Supreme Court has denied the petition for certiorari of...

February 21, 1990 TO: SEC RULES MEMBERS NO. 14-90 RE: ALLEGED REQUESTS FOR IMPERMISSIBLE SALES COMPENSATION __________________________________________________________ The SEC staff has advised the Institute of reports that certain broker-dealers allegedly have advised mutual fund...

February 21, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 4-90 RE: INVESTMENT ADVISERS TO CALIFORNIA PUBLIC FUNDS REQUIRED TO DISCLOSE PERSONAL ASSETS __________________________________________________________ On January 1, 1990, a California Fair Political Practices Commission's...

February 21, 1990 TO: TAX COMMITTEE NO. 4-90 ACCOUNTING/TREASURERS COMMITTEE NO. 5-90 RE: MARCH 13 MEETING TO DISCUSS POST-OCTOBER LOSS REGULATIONS AND LEGISLATIVE PROPOSAL TO UNIFY DISTRIBUTION REQUIREMENTS __________________________________________________________ As you know, the...

February 21, 1990 TO: SEC RULES COMMITTEE NO. 14-90 ACCOUNTING/TREASURERS COMMITTEE NO. 6-90 OPERATIONS COMMITTEE NO. 4-90 ADVERTISING SUBCOMMITTEE RE: DRAFT COMMENT LETTER ON PROPOSED REVISIONS TO FORM N-1A __________________________________________________________ Attached is a copy...