- 1 - January 29, 1990 TO: TAX MEMBERS NO. 5-90 UNIT INVESTMENT TRUST MEMBERS NO. 7-90 RE: ANNOUNCEMENT OF MODIFICATION OF IRS FORM 5452, CORPORATE REPORT OF NONDIVIDEND DISTRIBUTIONS __________________________________________________________ IRS Form 5452 (Corporate Report of...

January 27, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 3-90 RE: MARYLAND PROPOSES INVESTMENT ADVISER REGULATIONS __________________________________________________________ As we have previously informed you, the Maryland Division of Securities proposed emergency investment adviser...

January 26, 1990 TO: SEC RULES MEMBERS NO. 6-90 CLOSED-END FUND MEMBERS NO. 4-90 UNIT INVESTMENT TRUST MEMBERS NO. 6-90 RE: INSTITUTE LETTER ON ASSET COMPOSITION DISCLOSURE FOR HIGH YIELD BOND FUNDS __________________________________________________________ As we previously informed...

January 26, 1990 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 4-90 RE: VIRGINIA LEGISLATIVE UPDATE __________________________________________________________ As you know, the Institute has been working with the Virginia Corporations Commission and the Virginia Securities Commission to...

- 1 - January 25, 1990 TO: PENSION MEMBERS NO. 3-90 INVESTMENT ADVISER MEMBERS NO. 5-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 5-90 RE: DEPARTMENT OF LABOR LETTER CONCERNING PROXY VOTING RESPONSIBILITIES UNDER ERISA __________________________________________________________ As you...

January 24, 1990 TO: PENSION MEMBERS NO. 2-90 INVESTMENT ADVISER MEMBERS NO. 4-90 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 4-90 RE: PRIVATE LETTER RULING PERMITTING DIRECT PAYMENT OF MARKET-TIMING FEES FROM IRA __________________________________________________________ Attached is a...

January 24, 1990 TO: INVESTMENT ADVISERS COMMITTEE NO. 2-90 RE: PROPOSED AMENDMENTS TO MASSACHUSETTS BROKER-DEALER RULES __________________________________________________________ The Massachusetts Securities Division has recently proposed for public comment several amendments to its...

January 23, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 5-90 RE: VERMONT OVERSALES POLICY __________________________________________________________ The Securities Division (Division) of the Vermont Department of Banking and Insurance recently issued the attached no-action policy with...

January 22, 1990 TO: SEC RULES COMMITTEE NO. 6-90 CLOSED-END FUND COMMITTEE NO. 3-90 RE: RECENTLY PROPOSED SECURITIES LEGISLATION __________________________________________________________ Attached are copies of three recently introduced bills, which are briefly described below. (1)...

January 22, 1990 TO: CLOSED-END FUND COMMITTEE NO. 4-90 SMALL FUNDS COMMITTEE NO. 2-90 UNIT INVESTMENT TRUST COMMITTEE NO. 3-90 RE: FORMATION OF COMPLIANCE COMMITTEE __________________________________________________________ At the SEC Rules Committee meeting held on January 11, 1990...