Independent Directors Council Content

1 See Memorandum to Board of Governors No. 26-98, Closed-End Investment Company Members No. 13-98, and SEC Rules Members No. 33-98, dated May 12, 1998. 2 See Strougo v. Padegs, 964 F.Supp. 783 (S.D.N.Y. 1997). This decision held that, for purposes of Maryland law, receipt of directors...

[11612] February 7, 2000 TO: DIRECTOR SERVICES COMMITTEE No. 4-00 RE: COMMITTEE MEETING - APRIL 13; WORKSHOP FOR NEW FUND DIRECTORS - APRIL 14 ______________________________________________________________________________ Committee Meeting The next meeting of the Institute’s Director...

* See Memorandum to Small Funds Members No. 10-99, dated Oct. 22, 1999, Memorandum to Small Funds Committee No. 15-99, dated Oct. 22, 1999, Memorandum to Closed-End Investment Company Members No. 37-99, Investment Company Directors No. 11-99 and SEC Rules Members No. 62-99, dated Oct...

1 Strougo v. BEA Associates, 98 Civ. 3725 (S.D.N.Y. Jan. 19, 2000). 2 Strougo v. BEA Associates, 98 Civ. 3725 (S.D.N.Y. Mar. 11, 1999). See Memorandum to Board of Governors No. 21-99, Closed-End Investment Company Members No. 11-99, Director Services Committee No. 12-99, and SEC Rules...

[11528] January 7, 2000 TO: DIRECTOR SERVICES COMMITTEE No. 1-00 RE: DRAFT DIRECTOR'S GUIDE TO MUTUAL FUND CODE OF ETHICS ______________________________________________________________________________ The Institute has prepared a draft publication entitled “An Investment Company...

* See Memorandum to Closed-End Investment Company Committee No. 35-99, Director Services Committee No. 25-99 and SEC Rules Committee No. 79-99, dated October 19, 1999 and Memorandum to Small Funds Committee No. 15-99, dated October 22, 1999. [11498] December 29, 1999 TO: CLOSED-END...

1 Letter to Craig S. Tyle, General Counsel, Investment Company Institute, from Douglas Scheidt, Associate Director and Chief Counsel, Division of Investment Management, U.S. Securities and Exchange Commission, dated December 8, 1999. [11466] December 14, 1999 TO: DIRECTOR SERVICES...

1 SEC Release No. IC-24082 (October 14, 1999) (“Proposing Release”). 2 SEC Release No. IC-24083 (October 14, 1999) (“Interpretive Release”). [11320] October 19, 1999 TO: BOARD OF GOVERNORS No. 63-99 CLOSED-END INVESTMENT COMPANY COMMITTEE No. 35-99 DIRECTOR SERVICES COMMITTEE No. 25...

1 Investment Company Act Release No. 23958 (August 20, 1999). 2 The amended rule clarifies that the board must approve the code of an investment adviser or principal underwriter only when the fund initially engages the investment adviser or principal underwriter and not upon each...

1 Krantz v. Prudential Investments Fund Management LLC , Civ. Action No. 98-3722 (S.D.N.J. July 30, 1999) (order granting motion to dismiss). 2 Krantz v. Prudential Investments Fund Management LLC , Civ. Action No. 98-3722 (S.D.N.J. June 10, 1999) (report and recommendation). [11199]...