September 27, 1989 TO: INVESTMENT ADVISER MEMBERS NO. 49-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 51-89 RE: INSTITUTE COMMENTS ON LEGISLATION THAT WOULD PERMIT THE CREATION OF ONE OR MORE SELF-REGULATORY ORGANIZATIONS FOR INVESTMENT ADVISERS ________________________________________...

- 1 - September 27, 1989 TO: TAX MEMBERS NO. 32-89 CLOSED-END FUND MEMBERS NO. 43-89 UNIT INVESTMENT TRUST MEMBERS NO. 49-89 ACCOUNTING/TREASURERS COMMITTEE NO. 38-89 OPERATIONS COMMITTEE NO. 17-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 24-89 RE: HOUSE WAYS AND MEANS...

September 27, 1989 TO: INVESTMENT ADVISER MEMBERS NO. 48-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 50-89 RE: SEC DIVISION DIRECTOR ISSUES LETTER ON WRAP-FEE ARRANGEMENTS __________________________________________________________ On September 20, 1989, Kathryn McGrath, the Director...

September 26, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 40-89 RE: DRAFT LEGISLATION CONCERNING PRIVATE RIGHTS OF ACTION AND ADDITIONAL ADVISER DISCLOSURES TO CLIENTS __________________________________________________________ Representative Rich Boucher (D-Virginia) has prepared draft...

September 26, 1989 TO: SEC RULES COMMITTEE NO. 56-89 RE: INSTITUTE DRAFT COMMENT LETTER ON PROPOSED AMENDMENTS TO RULE 12D3-1 __________________________________________________________ As we previously informed you, the SEC has proposed amendments to Rule 12d3-1 under the Investment...

September 26, 1989 TO: BOARD OF GOVERNORS NO. 58-89 STATE SECURITIES MEMBERS NO. 31-89 RE: CALIFORNIA EXPENSE LIMITATION RULE AMENDED __________________________________________________________ The Institute has been working for several years to eliminate expense limitations in all...

September 26, 1989 TO: MEMBERS - ONE PER COMPLEX NO. 30-89 SEC RULES MEMBERS NO. 51-89 ACCOUNTING/TREASURERS COMMITTEE NO. 37-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 23-89 UNIT INVESTMENT TRUST MEMBERS NO. 47-89 CUSTODIAN ADVISORY COMMITTEE NO. 1-89 OPERATIONS MEMBERS NO...

September 26, 1989 TO: BOARD OF GOVERNORS NO. 59-89 CLOSED-END FUND COMMITTEE NO. 39-89 SEC RULES COMMITTEE NO. 55-89 UNIT INVESTMENT TRUST COMMITTEE NO. 64-89 RE: FED ORDER PERMITS BANK HOLDING COMPANY SUBSIDIARIES TO UNDERWRITE AFFILIATE SECURITIES __________________________________...

September 26, 1989 TO: STATE SECURITIES MEMBERS NO. 32-89 UNIT INVESTMENT TRUST MEMBERS NO. 48-89 RE: LEGEND REQUIREMENT IN NEW HAMPSHIRE __________________________________________________________ New Hampshire recently enacted legislation (House Bill 123), effective January 1, 1990...

- 1 - September 25, 1989 TO: TAX MEMBERS NO. 31-89 UNIT INVESTMENT TRUST MEMBERS NO. 46-89 CLOSED-END FUND MEMBERS NO. 41-89 OPERATIONS MEMBERS NO. 27-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 22-89 RE: IRS REVENUE PROCEDURE FOR FILING VARIOUS FORMS ON 8 INCH MAGNETIC...