October 11, 1989 TO: SEC RULES MEMBERS NO. 58-89 INVESTMENT ADVISER MEMBERS NO. 51-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 52-89 RE: INSTITUTE SUBMISSION TO SEC CONCERNING PROXY VOTING RESPONSIBILITIES OF INVESTMENT ADVISERS ________________________________________________________...

October 11, 1989 TO: BOARD OF GOVERNORS NO. 62-89 SEC RULES COMMITTEE NO. 62-89 RE: INSTITUTE SUBMISSION TO SEC CONCERNING THE STATUS OF ASSET- BACKED SECURITIES POOLS UNDER THE INVESTMENT COMPANY ACT OF 1940 __________________________________________________________ In recent months...

October 11, 1989 TO: SEC RULES COMMITTEE NO. 61-89 BROKER/DEALER ADVISORY COMMITTEE NO. 47-89 RE: SEC PROPOSES AMENDMENTS TO NET CAPITAL RULE __________________________________________________________ The Securities and Exchange Commission has proposed amendments to the net capital...

October 11, 1989 TO: PENSION MEMBERS NO. 46-89 RE: IRS REVENUE PROCEDURE CONCERNING FORM 5498 REPORTING REQUIREMENTS UPON THE DEATH OF AN IRA OWNER __________________________________________________________ Attached is a copy of IRS Revenue Procedure 89-52, which advises IRA trustees...

October 11, 1989 TO: PENSION MEMBERS NO. 47-89 RE: DEPARTMENT OF LABOR ADVISORY OPINION CLARIFYING FINAL REGULATION CONCERNING PLAN LOANS __________________________________________________________ As we previously advised, the U.S. Department of Labor issued a final regulation in July...

October 10, 1989 TO: SEC RULES MEMBERS NO. 57-89 RE: SEC STAFF WITHDRAWS CHASE FUND OF BOSTON NO-ACTION LETTER __________________________________________________________ The staff of the Division of Investment Management has withdrawn a no-action letter issued in 1980, Chase Fund of...

October 10, 1989 TO: TAX MEMBERS NO. 38-89 CLOSED-END FUND MEMBERS NO. 52-89 INTERNATIONAL FUNDS TASK FORCE NO. 16-89 ACCOUNTING/TREASURERS COMMITTEE NO. 44-89 RE: IRS PRIVATE LETTER RULING ON FUNCTIONAL CURRENCY OTHER THAN THE U.S. DOLLAR _____________________________________________...

- 1 - October 10, 1989 TO: TAX MEMBERS NO. 39-89 CLOSED-END FUND MEMBERS NO. 53-89 INTERNATIONAL FUNDS TASK FORCE NO. 17-89 ACCOUNTING/TREASURERS COMMITTEE NO. 45-89 RE: REGULATIONS ON NONFUNCTIONAL CURRENCY GAIN OR LOSS __________________________________________________________ The...

October 10, 1989 TO: SEC RULES COMMITTEE NO. 60-89 RE: SEC PARTICIPATION IN REORGANIZATION PROCEEDINGS __________________________________________________________ The SEC has issued a release seeking comments on the scope of its participation in bankruptcy proceedings under Chapter 11...

October 9, 1989 TO: TAX MEMBERS NO. 37-89 CLOSED-END FUND MEMBERS NO. 51-89 INTERNATIONAL FUNDS TASK FORCE NO. 15-89 ACCOUNTING/TREASURERS COMMITTEE NO. 43-89 RE: FUNCTIONAL CURRENCY REGULATIONS ON QUALIFIED BUSINESS UNIT __________________________________________________________ As...