Independent Directors Council Content

[17144] March 2, 2004 TO: BOARD OF GOVERNORS No. 17-04 CLOSED-END INVESTMENT COMPANY MEMBERS No. 12-04 COMPLIANCE ADVISORY COMMITTEE No. 30-04 DIRECTORS’ COMMITTEE No. 6-04 INVESTMENT ADVISER MEMBERS No. 5-04 PRIMARY CONTACTS - MEMBER COMPLEX No. 22-04 SEC RULES MEMBERS No. 33-04...

[17118] February 19, 2004 TO: DIRECTORS’ COMMITTEE No. 5-04 RE: SEC PROPOSES NEW DISCLOSURE REQUIREMENTS REGARDING BOARD APPROVAL OF INVESTMENT ADVISORY CONTRACTS The Securities and Exchange Commission has proposed rule and form amendments under the Securities Act of 1933, the...

[17054] February 3, 2004 TO: BOARD OF GOVERNORS No. 7-04 DIRECTORS’ COMMITTEE No. 4-04 SEC RULES COMMITTEE No. 14-04 SMALL FUNDS COMMITTEE No. 10-04 RE: FIRM RETAINED TO ASSIST CONGRESSIONAL EFFORTS OF INDEPENDENT DIRECTORS Clark & Weinstock, a well-respected lobbying firm in...

[17012] January 28, 2004 TO: DIRECTORS’ COMMITTEE No. 3-04 RE: SEC PROPOSES RULE AMENDMENTS TO ENHANCE INDEPENDENCE AND EFFECTIVENESS OF FUND BOARDS The Securities and Exchange Commission (SEC) has proposed amendments to rules under the Investment Company Act of 19401 that would...

[17008] January 28, 2004 TO: DIRECTORS’ COMMITTEE No. 2-04 RE: DRAFT INSTITUTE COMMENT LETTER ON PROPOSED REVISIONS TO RULE 38A-1 TO ENHANCE THE INDEPENDENCE OF CHIEF COMPLIANCE OFFICERS As we previously advised you, in December, the Securities and Exchange Commission adopted new Rule...

[16979] January 15, 2004 TO: DIRECTORS’ COMMITTEE No. 1-04 RE: THE MUTUAL FUND DIRECTORS FORUM Most of you are aware that Chairman Donaldson has asked the Mutual Fund Directors Forum for assistance in developing best practice recommendations in a variety of areas. I have been speaking...

[16926] December 30, 2003 TO: SEC RULES MEMBERS No. 198-03 CLOSED-END INVESTMENT COMPANY MEMBERS No. 116-03 DIRECTORS’ COMMITTEE No. 25-03 RE: INSTITUTE COMMENT LETTER ON SEC PROPOSAL TO PERMIT INCLUSION OF SECURITY HOLDER NOMINEES FOR DIRECTOR IN COMPANY PROXY MATERIALS As we...

[16916] December 23, 2003 TO: DIRECTORS’ COMMITTEE No. 24-03 RE: SEC ADOPTS FUND AND ADVISER COMPLIANCE RULES AND SEEKS COMMENT ON TWO ISSUES; CONFERENCE CALL SCHEDULED FOR JAN. 15th The Securities and Exchange Commission has adopted new Rules 38a-1 and 206(4)-7 under the Investment...

[16868] December 10, 2003 TO: CLOSED-END INVESTMENT COMPANY COMMITTEE No. 65-03 DIRECTOR SERVICES COMMITTEE No. 23-03 SEC RULES COMMITTEE No. 101-03 RE: INSTITUTE DRAFT COMMENT LETTER ON SEC PROPOSAL TO PERMIT INCLUSION OF SECURITY HOLDER NOMINEES FOR DIRECTOR IN COMPANY PROXY...