July 5, 1989 TO: PENSION MEMBERS NO. 31-89 RE: CORRECTION OF IRS NOTICE CONCERNING REPORTING OF RECHARACTERIZED EXCESS CONTRIBUTIONS __________________________________________________________ As we previously reported, IRS Notice 89-32 describes the reporting requirements for...

July 5, 1989 TO: SEC RULES MEMBERS NO. 31-89 UNIT INVESTMENT TRUST MEMBERS NO. 33-89 BROKER/DEALER ADVISORY COMMITTEE NO. 30-89 CLOSED-END FUND MEMBERS NO. 27-89 RE: NASD SUPERVISORY PROCEDURES __________________________________________________________ The Institute has received...

July 5, 1989 TO: SEC RULES COMMITTEE NO. 33-89 UNIT INVESTMENT TRUST COMMITTEE NO. 30-89 ADVERTISING SUBCOMMITTEE RE: ADVERTISING SUBCOMMITTEE MEETING - NASD SUPERVISORY PROCEDURES __________________________________________________________ On August 8, 1989 there will be a meeting of...

- 1 - July 3, 1989 TO: TAX MEMBERS NO. 20-89 MONEY MARKET FUND CHIEF EXECUTIVE OFFICERS NO. 5-89 RE: MARYLAND TAX DEVELOPMENTS __________________________________________________________ 1. Pass-Through of Federal Obligation Interest As you know, the Institute has been working for some...

July 3, 1989 TO: INVESTMENT ADVISERS COMMITTEE NO. 26-89 RE: TWINS __________________________________________________________ I am pleased to inform you that on June 29 Elizabeth Bunnen became the big sister of Alison Dewar Bunnen and Philip Weil Bunnen. Robb, Meg and the kids are...

June 30, 1989 TO: TAX MEMBERS NO. 19-89 CLOSED-END FUND MEMBERS NO. 26-89 UNIT INVESTMENT TRUST MEMBERS NO. 32-89 RE: REVENUE RULING ON $10 MILLION INITIAL INVESTMENT EXCEPTION TO PREFERENTIAL DIVIDEND RULES __________________________________________________________ The attached IRS...

June 29, 1989 TO: BOARD OF GOVERNORS NO. 39-89 MEMBERS - ONE PER COMPLEX NO. 21-89 TAX MEMBERS NO. 18-89 FEDERAL LEGISLATION COMMITTEE NO. 8-89 RE: HOUSE WAYS AND MEANS COMMITTEE VOTES TO REPEAL SECTION 67(c) __________________________________________________________ In closed session...

June 29, 1989 TO: BOARD OF GOVERNORS NO. 38-89 CLOSED-END FUND COMMITTEE NO. 22-89 SEC RULES COMMITTEE NO. 32-89 UNIT INVESTMENT TRUST COMMITTEE NO. 29-89 RE: FED PROPOSES TO PERMIT BANK HOLDING COMPANIES TO UNDERWRITE ASSET-BACKED SECURITIES OF AFFILIATES ____________________________...

June 27, 1989 TO: INVESTMENT ADVISER MEMBERS NO. 36-89 INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 35-89 RE: WASHINGTON STATE AMENDS ITS INVESTMENT ADVISER LAW __________________________________________________________ Effective July 23, 1989, the state of Washington will have a new...

June 23, 1989 TO: SMALL FUNDS MEMBERS NO. 4-89 RE: SMALL FUNDS CONFERENCE - NOVEMBER 15-17, 1989 __________________________________________________________ This is an advance notice that the Fall Small Funds Conference will be held on November 15-17, 1989 at the Hotel del Coronado...