Independent Directors Council Content

1 Section 17(h) prohibits contractual provisions that protect a director or officer of a company from liability by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of duties as a director or officer (“disabling conduct”). 2 See The Yacktman Funds, Inc....

[10619] January 5, 1999 TO: DIRECTOR SERVICES COMMITTEE No. 1-99 RE: MARK YOUR CALENDAR - 1999 COMMITTEE MEETINGS, DIRECTORS FORUMS, AND DIRECTORS CONFERENCE ______________________________________________________________________________ Committee Meetings The next meeting of the...

1 Strougo v. Padegs, et al., 96 Civ. 2136 (S.D.N.Y. 1998). [10542] December 8, 1998 TO: BOARD OF GOVERNORS No. 81-98 CLOSED-END INVESTMENT COMPANY MEMBERS No. 44-98 DIRECTOR SERVICES COMMITTEE No. 10-98 SEC RULES MEMBERS No. 106-98 RE: COURT DISMISSES DERIVATIVE ACTION AGAINST FUND...

* Letter to Craig S. Tyle, General Counsel, Investment Company Institute, from Douglas Scheidt, Associate Director and Chief Counsel, Division of Investment Management, Securities and Exchange Commission, dated October 30, 1998. [10496] November 18, 1998 TO: DIRECTOR SERVICES...

[10396] October 22, 1998 TO: DIRECTOR SERVICES COMMITTEE No. 8-98 RE: COMMITTEE MEETING -- OCTOBER 28 ______________________________________________________________________________ Enclosed is the packet of materials for the Director Services Committee meeting scheduled for October 28...

[10345] September 30, 1998 TO: DIRECTOR SERVICES COMMITTEE No. 6-98 RE: DRAFT BROCHURE ON ROLE OF MUTUAL FUND DIRECTORS ______________________________________________________________________________ The Institute has prepared a brochure entitled Understanding the Role of Mutual Fund...

[10347] September 30, 1998 TO: BOARD OF GOVERNORS No. 65-98 DIRECTOR SERVICES COMMITTEE No. 7-98 FEDERAL LEGISLATION MEMBERS No. 25-98 PRIMARY CONTACTS - MEMBER COMPLEX No. 87-98 PUBLIC INFORMATION COMMITTEE No. 45-98 SEC RULES COMMITTEE No. 96-98 RE: HOUSE SUBCOMMITTEE HEARING...

[10294] September 17, 1998 TO: DIRECTOR SERVICES COMMITTEE No. 5-98 RE: OCTOBER 28 COMMITTEE MEETING AND 1998 INVESTMENT COMPANY DIRECTORS CONFERENCE ______________________________________________________________________________ As we previously informed you, the next meeting of the...

1 SEC Release Nos. IC-23325, IA-1736 (July 22, 1998). [10183] August 6, 1998 TO: DIRECTOR SERVICES COMMITTEE No. 4-98 RE: SEC PROPOSES AMENDMENTS TO RULE 15a-4 UNDER THE INVESTMENT COMPANY ACT ______________________________________________________________________________ The...

[10140] July 20, 1998 TO: DIRECTOR SERVICES COMMITTEE No. 2-98 RE: NEW COMMITTEE MEMBERS _____________________________________________________________________________ I am pleased to inform you that, in addition to the two new members that joined the Director Services Committee prior...