August 7, 1989 TO: TAX MEMBERS NO. 29-89 CLOSED-END FUND MEMBERS NO. 35-89 ACCOUNTING/TREASURERS COMMITTEE NO. 27-89 RE: OHIO STATUTE IMPOSING INCOME TAX LIABILITY ON RICs __________________________________________________________ Recently, Ohio amended its statutory provision...

August 7, 1989 TO: PENSION MEMBERS NO. 38-89 OPERATIONS MEMBERS NO. 26-89 TRANSFER AGENT SHAREHOLDER ADVISORY COMMITTEE NO. 21-89 RE: IRS ANNOUNCES PROPOSAL TO COMBINE FORMS 1099-R AND W-2P __________________________________________________________ Attached is a copy of IRS...

August 7, 1989 TO: PENSION MEMBERS NO. 37-89 RE: TAX COURT DECISION CONCERNING IRA ROLLOVER __________________________________________________________ Attached is a copy of Wood v. Commissioner, a Tax Court decision addressing the 60-day period within which IRA rollovers must be...

August 7, 1989 TO: PENSION MEMBERS NO. 39-89 RE: IRS NOTICE EXTENDING DEADLINE FOR TERMINATING PLANS __________________________________________________________ Attached is a copy of IRS Notice 89-92, which provides additional guidance and clarification concerning issues raised in...

August 7, 1989 TO: PENSION COMMITTEE NO. 3-89 OPERATIONS COMMITTEE NO. 13-89 RE: IRS ANNOUNCES PROPOSAL TO COMBINE FORMS 1099-R AND W-2P __________________________________________________________ Attached is a copy of IRS Announcement 89-94, which states that the IRS is considering...

August 4, 1989 TO: RESEARCH COMMITTEE NO. 21-89 RE: UPCOMING MEETING DATES @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@ The following is the date and location of the upcoming meeting for the Research Committee. October 3, 1989 Madison Hotel 15th & M Street, N.W...

August 4, 1989 TO: UNIT INVESTMENT TRUST COMMITTEE NO. 48-89 RE: PROPOSED RULE 144A -- DEFINITION OF "ILLIQUID SECURITY" __________________________________________________________ As we previously informed you, the SEC has reproposed Rule 144A, which would provide a safe harbor from...

August 3, 1989 TO: MEMBERS - ONE PER COMPLEX NO. 26-89 RE: WRITTEN CONSENT IN LIEU OF THE ANNUAL MEETING OF MEMBERS __________________________________________________________ The By-Laws of the Institute provide for an annual meeting of members to elect members of the Board of...

August 3, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 31-89 RE: SOFT DOLLAR AND ORDER FLOW PRACTICES __________________________________________________________ The attached memorandum concerning the recent SEC roundtable on soft dollar and order flow practices may be of interest to you...

August 3, 1989 TO: DIRECT MARKETING COMMITTEE NO. 24-89 PUBLIC INFORMATION COMMITTEE NO. 22-89 SALES FORCE MARKETING COMMITTEE NO. 25-89 SHAREHOLDER COMMUNICATIONS COMMITTEE NO. 19-89 RE: Committee Meeting Schedule __________________________________________________________ The next...