August 11, 1989 TO: SEC RULES MEMBERS NO. 41-89 CLOSED-END FUND MEMBERS NO. 37-89 UNIT INVESTMENT TRUST MEMBERS NO. 43-89 PENSION MEMBERS NO. 41-89 RE: OCC INTERPRETATION CONCERNING INVESTMENT OF FIDUCIARY ACCOUNTS IN FUND ADVISED BY BANK ______________________________________________...

August 10, 1989 TO: ACCOUNTING/TREASURERS COMMITTEE NO. 31-89 SEC RULES COMMITTEE NO. 50-89 CLOSED-END FUND COMMITTEE NO. 34-89 RE: MEETING TO DISCUSS COMMENTS ON PROPOSED REVISIONS TO FORM N-2 __________________________________________________________ We recently sent you the SEC...

August 11, 1989 TO: BOARD OF GOVERNORS NO. 47-89 ACCOUNTING/TREASURERS COMMITTEE NO. 30-89 DIRECT MARKETING COMMITTEE NO. 25-89 FEDERAL LEGISLATION COMMITTEE NO. 9-89 INVESTMENT ADVISER MEMBERS NO. 42-89 OPERATIONS COMMITTEE NO. 14-89 PENSION MEMBERS NO. 40-89 MEMBERS INTERESTED IN...

- 1 - August 9, 1989 TO: SEC RULES COMMITTEE NO. 48-89 CLOSED-END FUND COMMITTEE NO. 33-89 UNIT INVESTMENT TRUST COMMITTEE NO. 49-89 INTERNATIONAL FUNDS TASK FORCE NO. 9-89 RE: SEC PROPOSES RULE TO ALLOW ACQUISITIONS BY REGISTERED INVESTMENT COMPANIES OF EQUITY SECURITIES OF FOREIGN...

August 9, 1989 TO: RESEARCH COMMITTEE NO. 23-89 RE: SURVEY OF COMMITTEE MEMBERS @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ From time to time it is important to assess the preferences of Committee members as to the general organization of our regular meetings. I...

August 9, 1989 TO: SEC RULES COMMITTEE NO. 49-89 INVESTMENT ADVISERS COMMITTEE NO. 34-89 RE: CUSTODIAN PERFORMANCE IN FORWARDING PROXY MATERIALS __________________________________________________________ At a recent meeting with the staff of the Division of Investment Management...

August 8, 1989 TO: BOARD OF GOVERNORS NO. 46-89 SEC RULES MEMBERS NO. 38-89 CLOSED-END FUND MEMBERS NO. 36-89 ACCOUNTING/TREASURERS COMMITTEE NO. 29-89 RE: PROPOSED AMENDMENTS TO FORM N-2; OEA STUDY ON CLOSED-END FUNDS __________________________________________________________...

August 8, 1989 TO: SEC RULES COMMITTEE NO. 47-89 CLOSED-END FUND COMMITTEE NO. 32-89 ACCOUNTING/TREASURERS COMMITTEE NO. 28-89 RE: SEC STAFF CONSIDERS REQUIRING FUND DISCLOSURE ABOUT MEETING INVESTMENT OBJECTIVES __________________________________________________________ Several weeks...

August 7, 1989 TO: STATE SECURITIES MEMBERS NO. 30-89 INVESTMENT ADVISERS COMMITTEE NO. 33-89 RE: RECEPTION FOR ICI MEMBERS IN QUEBEC CITY __________________________________________________________ When NASAA convenes its fall conference in Quebec City, the Investment Company...

- 1 - August 7, 1989 TO: SEC RULES MEMBERS NO. 37-89 OPERATIONS MEMBERS NO. 25-89 RE: SEC ADOPTS RULE 11a-3, GOVERNING EXCHANGE OFFERS BY MUTUAL FUNDS __________________________________________________________ The SEC has adopted Rule 11a-3 under the 1940 Act, which will permit mutual...