Table of Authorities - legacy.pli.edu Fund... · SECURITIES LAW MATERIALS SEC No-Action Letters...

#55420_TOA_MFR Rel#5.fm Tuesday, July 15, 2014 3:44 PM

Table of Authorities

(References are to pages.)

CASESSTATUTES

Statutes by NamePublic LawsUnited States CodeInternal Revenue Code (26 U.S.C.)State Codes

RULES AND REGULATIONSCode of Federal Regulations (C.F.R.)

SECURITIES LAW MATERIALSSEC No-Action LettersSecurities Act of 1933Securities Act ReleasesSecurities Exchange Act of 1934Exchange Act ReleasesInvestment Company Act of 1940Investment Company Act ReleasesInvestment Advisers Act of 1940Investment Advisers Act ReleasesOther SEC Releases

Accounting Series ReleasesFinal Rule ReleasesInitial Decision ReleasesLitigation ReleasesPublic Utility Holding Company Act Releases

SEC Rules and RegulationsSecurities Act of 1933 RulesSecurities Exchange Act of 1934 RulesInvestment Advisers Act of 1940 RulesInvestment Company Act of 1940 RulesRegulation CRegulation D

(Mutual Fund Reg., Rel. #5, 7/14) T–1

MUTUAL FUNDS & EXCHANGE TRADED FUNDS


Regulation MRegulation SRegulation S-AMRegulation S-KRegulation S-PRegulation S-TRegulation S-X

SEC FormsDEPARTMENT OF LABOR MATERIALS

Prohibited Transaction Exemptions (PTEs)Advisory OpinionsInterpretive BulletinsDOL Letters

LettersInformation Letters

DEPARTMENT OF TREASURY MATERIALSTreasury RegulationsDepartment of Treasury FormsGeneral Counsel MemorandaIRS NoticesPrivate Letter RulingsRevenue ProceduresRevenue Rulings

NASD MATERIALSRules

Conduct RulesNotices to MembersNews Releases

UNIFORM COMMERCIAL CODEArticle 8

RESTATEMENTSRestatement (Second) of AgencyRestatement (Third) of AgencyRestatement (Second) of Trusts

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CASES

A

Aaron v. SEC .......................................................................... 27-44Abbott Labs. Derivative S’holders Litig., In re ......................... 27-45Acampora v. Birkland ....................................6-17, 7-3, 43-6, 43-20Adams Express Co., In the Matter of ...................................... 12-29Aim & Invesco, In re .............................................................. 43-45Alexander v. Sandoval ..................................................2A-12, 43-45Alliance Bernstein Mut. Fund

Excessive Fee Litig., In re..... 43-20, 43-30, 43-33, 43-40, 43-42Alliance Capital Mgmt. L.P., In re....................... 13-14, App. 44A-1Alliance N. Am. Gov’t Income Trust, Inc.

Secs. Litig., In re .............................................................2A-12Amaroq Asset Management, LLC, In re .................................. 25-15Am. Bakeries Co., In the Matter of ......................................... 12-29Am. Bar Ass’n v. FTC............................................................. 44-92Am. Mut. Funds Fee Litig., In re ............................................. 22-18Amron v. Morgan Stanley Inv. Advisors, Inc. .......... 6-27, 7-5, 43-32

BBaker v. Am. Century Inv. Mgmt., Inc. ........................ 43-16, 43-17Bancroft Convertible Fund, Inc. v.

Zico Inv. Holdings, Inc. ................................................... 43-44Bank of Am. Capital Mgmt., In re ................................. App. 44A-2Barbara Stroup v. Edward D. Jones & Co., L.P. ............. App. 44A-21Barnett v. SEC ........................................................................ 12-17Barrett v. Van Kampen Merritt, Inc. ........................................ 43-38Bear Stearns & Co., In re ........................................................ 44-17Bear Stearns Asset Mgmt. Inc.................................................1A-17Beddall v. State St. Bank & Trust Co....................................... 37-22Bellikoff v. Eaton Vance Corp. ......................... 2A-12, 2A-13, 43-25,

............................................................................ 43-26, 43-45Benak v. Alliance Capital Mgmt. ............................................ 43-12Beverly Hodges and Ryan Eskridge v.

Edward D. Jones & Co. L.P. .................................. App. 44A-21Bloom v. Bradford ........................................................ 12-42, 12-45Boyce v. AIM Mgmt. Grp., Inc. .................................... 43-36, 43-45Braden v. Wal-Mart Stores, Inc................................................ 37-25Brock v. Citizens Bank of Clovis ............................................. 37-12




Brown v. Bullock..................................................................... 43-44Brown v. E.F. Hutton Grp., Inc................................................ 23-11Burks v. Lasker .................................1-13, 1B-18, 6-27, 14-2, 43-19Bus. Roundtable, et al. v. SEC......................................1B-37, 15-11

CCable v. Markham .................................................................. 12-55Cardinal Health Ins. Sec. Litig................................................ 25-16Caremark Int’l, Inc. Derivative Litig., In re.................. 27-44, 27-45Carpenter v. Harris, Upham & Co. ......................................... 27-44Central Bank of Denver v.

First Interstate Bank of Denver .......................................1B-58CFTC v. Equity Fin. Grp......................................................... 36-17Chamber of Commerce of the United States of America v.

Securities and Exchange Commission ............1B-20, 2-6, 6-12,........................................... 14-21, 14-24, 38-41, 44-25, 44-27

Chao v. Linder ........................................................................ 37-19Charles Schwab Corp. Sec. Litig., In re .......................... 4-30, 32-57Charles Schwab Inv. Mgmt., et al. ............................................ 4-12Chesner v. Eaton Vance, et al. .................................................1B-57Colorado v. Invesco Funds Grp. Inc. .............................. App. 44A-9Columbia Entities Litig., In re ..................................... 43-36, 43-37Complaint, State v. Canary Capital Partners LLC ...................1A-21Consumer-Investor Planning Corp., In re ............................... 12-53Cooper Companies, Inc., In the Matter of the ........................ 27-45Cresta Blanca Wine Co. v. E. Wine Corp................................... 12-9Curran v. Principal Mgmt. Corp. et al............... 43-33, 43-38, 43-41

DDaily Income Fund, Inc. v. Fox ............................. 7-4, 43-35, 43-40Davis v. Bailey ........................................................................ 43-45Decker v. SEC......................................................................... 12-58Dep’t of Enforcement v. Charles C. Fawcett IV,

In the Matter of.................................................... App. 44A-19Dep’t of Enforcement v. Justin F. Ficken,

In the Matter of.................................................... App. 44A-19Deutsche Bank Asset Mgmt., Inc., In re ........................ App. 44A-6Deutsche Bank Securities, Inc., In re ........................... 44-13, 44-18DH2 Inc. v. SEC ....................................................................... 16-9Diversified Indus., Inc. v. Meredith......................................... 25-16

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Dreyfus Mut. Funds Fee Litig., In re ....................................... 43-40Dumond v. Mass. Fin. Servs. Co............................................. 43-40

EEaton Vance, In re........................................................ 43-32, 43-33Eaton Vance Corp. Sec. Litig., In re ......................................... 43-37Eaton Vance Mut. Funds Fee Litig., In re.......... 43-25, 43-30, 43-31,

................................................................. 43-32, 43-36, 43-39Edward Jones Holders Litigation, In re......................... App. 44A-21E.I. du Pont de Nemours & Co., In the Matter of ................... 12-19Equity Fund, Inc., In the Matter of ......................................... 12-24Ernst & Ernst v. Hochfelder ....................................................2A-13Etienne v. Mitre Corp. ................................................. 27-23, 27-40Evangelist, In re...................................................................... 43-43Evergreen Investment Management Company, LLC and

Evergreen Investment Services, Inc., In the Matter of...... 18-19Evergreen Mut. Funds Fee Litig., In re .................................... 43-32

FFed. Trade Comm’n v. TRW, Inc. ................................. 27-23, 27-40Federated Inv. Mgmt. Co., In re ..................................... App. 44A-7Fitzgerald v. Citigroup, Inc...................................................... 43-32FMRC v. Ostrander................................................................. 12-57Fogel v. Chestnutt.................................. 43-10, 43-11, 43-15, 43-44Forsythe v. Sun Life Fin. Inc. ...... 43-30, 43-32, 43-34, 43-37, 43-40Franklin Advisers, Inc., In re ......................................... App. 44A-7Franklin Mut. Fund Fee Litig., In re .............6-27, 7-4, 43-36, 43-41

GGabelli & Co., In the Matter of .............................................. 12-65Gabelli Funds, LLC, In re .............................................. App. 37A-7Gallus v. Am. Express Fin. Corp. ...................... 43-12, 43-28, 43-33Gallus v. Ameriprise Fin., Inc. ..........................6-27, 6-29, 7-4, 7-6,

........................................... 43-16, 43-26, 43-27, 43-28, 43-41Gartenberg v.

Merrill Lynch Asset Mgmt., Inc..................1-10, 1B-54, 1B-55,.......................................... 1B-56, 2-16, 6-28, 7-3, 7-5, 42-26,.......................................... 43-10, 43-11, 43-12, 43-13, 43-14,................................ 43-15, 43-16, 43-18, 43-25, 43-32, 43-43




Gen. Time Corp. v. SEC ......................................................... 12-38Gilliam v. Fid. Invs. ..................................................... 43-36, 43-45Goldman Sachs Mut. Funds

Fee Litig., In re ............................... 43-30, 43-32, 43-33, 43-39Goldstein v. SEC......................... 44-91, 44-92, 44-93, 44-94, 44-95Gonzaga Univ. v. Doe .............................................................2A-12Graham v. Allis-Chalmers Mfg. Co. ....................................... 27-44Great Am. Life Underwriters, In the Matter of ....................... 12-29Green v. Fund Asset Mgmt., L.P........................... 6-15, 14-3, 43-26,

................................................................. 43-39, 43-40, 43-42Green v. Nuveen Advisory Corp................................... 43-26, 43-37Gutfreund, In re ..................................................................... 27-38

HHaddock v. Nationwide Fin. Servs. ......................................... 37-25Halligan v.

Standard & Poor’s/Intercapital, Inc. .......... 43-31, 43-39, 43-40Hamilton v. Allen ...................................................................2A-12Hanly v. SEC .......................................................................... 23-11Hanson Trust PLC v. ML SCM Acquisition, Inc. ...................... 14-3Harley v. Minn. Mining & Mfg. .............................................. 37-13Hartford Financial Services Grp. Inc., In re.................... App. 44A-8Harvey v. Allianz Dresdner Asset Mgmt. of Am. L.P. ... App. 44A-12Heartland Advisors, Inc., William J. Nasgovitz, Paul T. Beste,

Thomas J. Conlin, Greg D. Winston, Kevin D. Clark,Kenneth J. Della and Hugh F. Denison,In the Matter of............................................................... 18-20

Hecker v. Deere & Co. ............................................................ 37-25Hennessey v. SEC ................................................................... 12-29Hickman v. Taylor ....................................................... 25-15, 27-23Hollinger v. Titan Capital Corp. ............................................. 27-43Huff, In the Matter of .................................................. App. 27A-59Hugh B. Baker, In the Matter of .............................................. 12-29Hughes v. SEC........................................................................ 12-16Hunt v. Invesco Funds Grp. Inc. .................. 6-27, 7-4, 43-16, 43-41Hunt v. Miller ........................................................................ 27-44Hyperion Sec. Litig., In re .......................................................1B-57

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IIn re Abbott Labs. Derivative S’holders Litig. .......................... 27-45In re Aim & Invesco ............................................................... 43-45In re Alliance Capital Mgmt. L.P.................................... App. 44A-1In re Alliance N. Am. Gov’t Income Trust, Inc.

Secs. Litig............................................................ 2A-11, 2A-12In re AllianceBernstein

Mut. Fund Excessive Fee Litig. ................. 43-20, 43-30, 43-33,............................................................................ 43-40, 43-42

In re Amaroq Asset Management, LLC................................... 25-15In re Am. Mut. Funds Fee Litig. ................................... 22-18, 43-30In re Bank of Am. Capital Mgmt. .................................. App. 44A-2In re Bear Stearns & Co.......................................................... 44-17In re Caremark Int’l, Inc. Derivative Litig.................... 27-44, 27-45In re Charles Schwab Corp. Sec. Litig. ........................... 4-30, 32-57In re Columbia Entities Litig. ...................................... 43-36, 43-37In re Consumer-Investor Planning Corp. ................................ 12-53In re Deutsche Bank Asset Mgmt., Inc. ......................... App. 44A-6In re Deutsche Bank Securities, Inc. ............................ 44-13, 44-18In re Dreyfus Mut. Funds Fee Litig. ........................................ 43-40In re Eaton Vance Corp. Sec. Litig. .................... 43-32, 43-33, 43-37In re Eaton Vance Mut. Funds Fee Litig............ 43-25, 43-30, 43-31,

................................................................. 43-32, 43-36, 43-39In re Edward Jones Holders Litigation.......................... App. 44A-21In re Evangelist....................................................................... 43-43In re Evergreen Mut. Funds Fee Litig. ..................................... 43-32In re Federated Inv. Mgmt. Co. ...................................... App. 44A-7In re Franklin Advisers, Inc. .......................................... App. 44A-7In re Franklin Mut. Funds Fee Litig. ............6-27, 7-4, 43-36, 43-41In re Gabelli Funds, LLC ............................................... App. 37A-7In re Goldman Sachs Mut. Funds Fee Litig. ................ 43-30, 43-32,

............................................................................ 43-33, 43-39In re Gutfreund ...................................................................... 27-38In re Hartford Financial Services Grp. Inc...................... App. 44A-8In re Hyperion Sec. Litig. ........................................................1B-57In re Initial Pub. Offering Sec. Litig. ....................................... 25-16In re Janus Capital Mgmt. LLC.................................... App. 44A-10In re John Hancock Inv. Mgmt. Servs., LLC................. App. 44A-21In re Lord Abbett Mut. Funds Fee Litig. .................................. 43-36In re Massachusetts Financial Services Co................... App. 44A-10In re Merrill Lynch Focus Twenty Fund Inv. Co. Act Litig. ...... 43-19In re Merrill Lynch Inv. Mgmt. Funds Sec. Litig. .......... 43-45, 43-46In re Mut. Funds Excessive Fee Litig. ...................................... 43-43In re Mut. Funds Inv. Litig................................ 43-37, 43-39, 43-46




In re OPM Leasing Servs., Inc. ...................................... App. 27A-8In re Phlo Corp....................................................................... 25-14In re Pritchard Capital Partners, LLC........................... App. 44A-13In re Provident Mgmt. Corp.................................................... 12-53In re Prudential Equity Grp., LLC................................ App. 44A-14In re Prudential Securities, Inc. ................................... App. 44A-13In re Putnam Inv. Mgmt. Inc. ...................................... App. 44A-14In re Qwest Commc’ns Int’l, Inc. ........................................... 25-16In re Regions Morgan Keegan Sec.,

Derivative & ERISA Litig. ............................................... 43-45In re Ritchie Capital Mgmt., L.L.C. ............................. App. 44A-15In re RS Inv. Mgmt., Inc. ............................................. App. 44A-15In re Sassano .......................................................................... 44-18In re Salomon Smith Barney Mut. Fund Fees Litig. ...... 43-45, 43-46In re Sw. Sec., Inc. .................................................................. 44-18In re Steinhardt Partners, L.P. ................................................. 25-16In re T.C.W./D.W. N. Am. Gov’t Income Trust Sec. Litig. ......... 4-12In re Trautman Wasserman & Co., Inc. .................................. 44-18In re Van Wagoner Funds, Inc. ................................................1B-57In re Veras Capital Master Fund .................................. App. 44A-17In re Waddell & Reed, Inc. ........................................... App. 44A-17In the Matter of Adams Express Co. ....................................... 12-29In the Matter of Am. Bakeries Co. .......................................... 12-29In the Matter of Dep’t of Enforcement v.

Charles C. Fawcett IV .......................................... App. 44A-19In the Matter of Dep’t of Enforcement v.

Justin F. Ficken..................................................... App. 44A-19In the Matter of E.I. du Pont de Nemours & Co. .................... 12-19In the Matter of Equity Fund, Inc. .......................................... 12-24In the Matter of Evergreen Investment

Management Company, LLC and Evergreen Investment Services, Inc. ................................ 18-19

In the Matter of Gabelli & Co. ............................................... 12-65In the Matter of Great Am. Life Underwriters ........................ 12-29In the Matter of Heartland Advisors, Inc.,

William J. Nasgovitz, Paul T. Beste,Thomas J. Conlin, Greg D. Winston,Kevin D. Clark, Kenneth J. Della and Hugh F. Denison....................................................... 18-20

In the Matter of Huff ................................................... App. 27A-59In the Matter of Hugh B. Baker............................................... 12-29In the Matter of Investors Research Corp. .............................. 12-57In the Matter of J. Kenneth Alderman, CPA, et al. .................. 18-16In the Matter of Keystone Custodian Funds............................ 12-29In the Matter of Morgan Asset Management, Inc. .................. 18-18

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In the Matter of N. River Sec. Co. .......................................... 12-29In the Matter of Piper Capital Mgmt., Inc., et al. ....................1B-57In the Matter of the Arbitration Between:

Barbara Stroup v. Edward D. Jones & Co. ............. App. 44A-21In the Matter of the Arbitration Between:

Beverly Hodges and Ryan Eskridge v. Edward D. Jones & Co. ..................................... App. 44A-21

In the Matter of the Cooper Companies, Inc. ......................... 27-45In the Matter of The Dreyfus Corp.

& Michael L. Schonberg ..................................................1B-57In the Matter of Transit Inv. Corp........................................... 12-29In the Matter of UBS Global Asset Management

(Americas), Inc. .................................................... 18-18, 31-22Initial Pub. Offering Sec. Litig., In re ...................................... 25-16Investors Research Corp., In the Matter of ............................. 12-57Investors Research Corp. v. SEC ............................................. 12-57Irish v. SEC ............................................................................ 23-14

JJ & W Seligman & Co. v. Spitzer ............................................ 43-43J. Kenneth Alderman, CPA, et al., In the Matter of ................. 18-16Jacobs v. Bremner ........................................................ 43-36, 43-45Janus Capital Grp., Inc. v.

First Derivatives Traders.................. 1B-32, 1B-57, 1B-58, 4-11Janus Capital Management LLC, In re ......................... App. 44A-21Jelinek v. Capital Research & Mgmt. Co. .....................1B-56, 43-28Jerozal v. Cash Reserve Mgmt. Inc. ......................................... 43-39John Gallus v. Ameriprise Fin., Inc. ........................................1B-56John Hancock Inv. Mgmt. Servs., LLC, In re ................ App. 44A-21Johnson v. Georgia-Pacific Corp. ............................................. 37-22Jones v. Harris Assocs. L.P. ...................... 1-10, 1B-26, 1B-55, 2-16,

..................................6-28, 6-29, 7-5, 7-6, 14-7, 43-11, 43-12,

.......................................... 43-16, 43-17, 43-21, 43-23, 43-27,

................................................................. 43-28, 43-33, 43-34Jones v. Rath Packing Co. ....................................................... 43-42Jordan v. Mich. Conference of Teamsters Welfare Fund ........... 37-11Judge Learned Hand in Cable v. Markham.............................. 12-55




KKahn v. Kohlberg, Kravis, Roberts & Co. ................................. 43-40Kahn v. SEC ........................................................................... 23-11Kalish v. Franklin Advisers, Inc.................1B-55, 7-7, 43-13, 43-14,

...................................................... 43-15, 43-16, 43-18, 43-31Kamen v. Kemper Fin. Servs., Inc. ............................... 43-35, 43-36Kamerman v. Steinberg........................................................... 27-28Kasilag et al. v. Hartford Inv. Fin. Servs., LLC ..............1B-57, 42-17Kauffman v. Dreyfus Fund, Inc. .............................................. 43-36Keystone Custodian Funds, In the Matter of........................... 12-29King v. Douglass ..................................................................... 43-12Krantz v. Fidelity Mgmt. & Research Co. .......... 43-12, 43-19, 43-33Krantz v. Prudential Invs. Fund Mgmt. LLC........... 6-27, 7-4, 43-19,

................................................................. 43-20, 43-32, 43-33Krasner v. Dreyfus Corp.......................................................... 43-41Kravitz v. Pressman, Frohlich & Frost, Inc. ............................. 27-43Krinsk v. Fund Asset Mgmt. Inc..................1-24, 1B-55, 7-8, 22-17,

..................................................... 43-12, 43-13, 43-15, 43-18,

................................................................. 43-30, 43-40, 43-41Krome v. Merrill Lynch & Co........................... 2A-11, 2A-13, 43-44Krouner v. The Am. Heritage Fund, Inc. .................................1B-57Kurach v. Weissman ................................................................. 43-5

LLeimkuehler v. Am. Life Ins. Co. ............................................ 37-25Lessler v. Little ....................................................................... 43-44Levy v. Alliance Capital Mgmt. LP .......................................... 43-31Lewis v. Knutson .................................................................... 43-36Lieber v. Invesco Funds Grp., Inc. ........................................... 43-39Lincoln Savs. & Loan Ass’n v. Wall ................................ App. 27A-8Lopez v. Dean Witter Reynolds ............................................... 36-17Lord Abbett Mut. Funds Fee Litig., In re ................................. 43-36Lorenz v. Watson .................................................................... 27-43

MMalley v. Comm’r..................................................................... 37-8Markham v. Cable .................................................................. 12-55Martin v. Nat’l Bank of Alaska ............................................... 37-12Massachusetts Financial Services Co., In re................. App. 44A-10

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Medtronic, Inc. v. Lohr ........................................................... 43-43Meiselman v. Eberstadt............................................................. 43-6Merrill Lynch Focus Twenty Fund Inv. Co. Act Litig., In re ..... 43-19Merrill Lynch Inv. Mgmt. Funds Sec. Litig., In re ......... 43-45, 43-46Meyer v. Oppenheimer Mgmt. Corp. ...................1B-55, 7-4, 22-18,

...................................................... 43-14, 43-29, 43-30, 43-44Migdal v. Rowe Price-Fleming Int’l Inc............. 43-12, 43-13, 43-19,

...................................................... 43-21, 43-25, 43-32, 43-33Migdal v. State........................................................................ 43-20Millenco LP v. meVC Advisors, Inc.............................. 43-32, 43-34Miller v. Nationwide Life Ins. Co................................. 17-19, 17-20Monheit v. Carter ....................................................... 2A-11, 2A-12Morgan Asset Management, Inc., In the Matter of ................. 18-18Mutchka v. Harris ....................................................... 43-36, 43-45Mut. Funds Excessive Fee Litig., In re ..................................... 43-43Mut. Funds Inv. Litig., In re.............................. 43-37, 43-39, 43-46

NNavellier v. Sletton ................................................................... 14-6Nenni v. Dean Witter Reynolds Inc......................................... 43-37New York v. Canary Capital Partners, LLC..................... App. 44A-4New York v. Columbia Mgmt. Advisors, Inc. ................. App. 44A-4New York v. Invesco Funds Grp. Inc. ............................. App. 44A-9New York v. Pilgrim Baxter & Assoc. Ltd. .................... App. 44A-12New York v. Strong Fin. Corp....................................... App. 44A-16Nicholas v. Saul Stone & Co................................................... 36-17Norlin Corp. v. Rooney, Pace, Inc.............................................. 14-3N. River Sec. Co., Inc., In the Matter of ................................. 12-29N. Sec. Co. v. United States.................................................... 12-46Northstar Fin. Advisors, Inc. v. Schwab Invs..... 43-45, 43-46, 43-47

OOlesh v. Dreyfus Corp. ..................................... 43-19, 43-20, 43-21Olmsted v. Pruco Life Ins. Co. ..........................2A-12, 43-36, 43-44O’Malley v. Comm’r ................................................................. 37-8OPM Leasing Servs., Inc., In re...................................... App. 27A-8




PPDK Labs. Inc. v. DEA............................................................ 44-91Pearce v. E.F. Hutton Grp........................................................ 27-21People v. Calugar ......................................................... App. 44A-15People v. Christian....................................................... App. 44A-17People v. Connelley........................................................ App. 44A-1People v. Edward D. Jones & Co. ................................................ 4-7People v. Seeger............................................................ App. 44A-16Pepper v. Litton ........................................................................ 14-3Pfeiffer v. Bjurman, Barry & Assocs. ................. 43-30, 43-31, 43-32Pfeiffer v. Integrated Fund Servs. Inc. ...................................... 43-29Phillip Goldstein, et al. v. SEC................................................ 44-95Piper Capital Mgmt., Inc., et al., In the Matter of ...................1B-57Pritchard Capital Partners, LLC, In re .......................... App. 44A-13Provident Mgmt. Corp., In re.................................................. 12-53Prudential Equity Grp., LLC, In re ............................... App. 44A-14Prudential Securities, Inc., In re .................................. App. 44A-13Putnam Inv. Mgmt., Inc., In re .................................... App. 44A-14

QQwest Commc’ns Int’l, Inc., In re .......................................... 25-16

RRegions Morgan Keegan Sec.,

Derivative & ERISA Litig., In re ...................................... 43-45Reich v. Compton ................................................................... 37-11Reso v. Artisan Partners Ltd. P’ship ........................................ 43-33Ritchie Capital Mgmt., L.L.C., In re ............................ App. 44A-15Rohrbaugh v. Inv. Co. Inst. ..................................................... 43-25Rosenfeld v. Black ..................................................................... 6-23Ross v. A.H. Robbins Co. ........................................................ 27-28RS Inv. Mgmt., Inc., In re ............................................ App. 44A-15R.W. Grand Lodge of F. & A.M. of Pa. v.

Salomon Bros. All Cap Value Fund .................................. 43-31

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SSalomon Smith Barney Mut. Fund Fees Litig., In re ..... 43-45, 43-46Santomenno v. John Hancock Life Ins. Co. ............................. 43-39Sassano, In re ......................................................................... 44-18Saxe v. Brady ............................................................................ 43-6Scalisi v. Fund Asset Mgmt., LP.............................................. 43-19Schuyt v. Rowe Price Prime Reserve Fund ........1B-55, 43-13, 43-14,

................................................................. 43-15, 43-18, 43-43SEC v. Barbera ............................................................. App. 44A-17SEC v. Capital Gains Research Bureau, Inc. ................. 13-10, 44-92SEC v. Christian .......................................................... App. 44A-16SEC v. Fife .............................................................................. 44-18SEC v. Fifth Ave. Coach Lines, Inc......... 12-14, 12-30, 12-39, 12-49SEC v. Frank........................................................................... 12-39SEC v. Gen. Time Corp. .............................................. 12-40, 12-41SEC v. Geon Indus., Inc.......................................................... 27-44SEC v. Griggs & Collins.......................................................... 12-53SEC v. Invesco Funds Grp., Inc. .............................................. 44-15SEC v. K.W. Brown & Co., et al............................................... 13-16SEC v. Mancinelli ........................................................ App. 44A-17SEC v. Martin J. Druffner ....................................................... 44-17SEC v. Michael S. Balboa and Gilles T. de Charsonville .......... 31-22SEC v. Midwest Technical Dev. Corp. ..................................... 12-33SEC v. Mutuals.com, Inc. ................................... App. 37A-11, 44-6SEC v. Olsen........................................................................... 27-39SEC v. Pentagon Capital Mgmt., PLC .......................... App. 44A-12SEC v. Pilgrim .......................................................................... 44-6SEC v. PIMCO Advisors Fund Mgmt. LLC..............................1A-20SEC v. Schield Mgmt. Co........................................................ 25-14SEC v. Sec. Trust Co. .............................................................. 44-11SEC v. Talley Indus., Inc. .................................. 12-39, 12-40, 12-45SEC v. Universal Major Indus. Corp. ...................................... 27-26SEC v. Velasco ............................................................... App. 44A-5Sheppard v. TCW/DW Term Trust ..........................................1B-57Shuck v. SEC .......................................................................... 12-16Siemers v. Wells Fargo & Co. .......................6-27, 7-5, 43-38, 43-46Sins v. Janus Capital Mgmt. ................................................... 43-16Sivolella v. AXA Equitable Life Ins. Co.

and AXA Equitable Funds Mgmt. Grp., LLC.................... 42-16Smith v. Franklin/Templeton Distribs., Inc. ................. 43-45, 43-47Smith v. Van Gorkom ............................................................... 14-3Solomon v. Armstrong .............................................................. 14-4Sw. Sec., Inc., In re ................................................................. 44-18Southworth v. Hartford Inv. Fin. Servs. LLC ...........................1B-57




State v. Canadian Imperial Holdings, Inc....................... App. 44A-3State v. Millennium Partners, L.P. ................................ App. 44A-11State of New York v. Canary Capital Partners, LLC.......... 16-2, 44-9State of New York v. Conseco Serv. LLC......................... App. 44A-5State of New York v. J.W. Seligman & Co. Inc. ............. App. 44A-16State of New York v.

Samaritan Asset Mgmt. Servs. Inc........................ App. 44A-15Steadman v. SEC ........................................................................ 7-4Stegall v. Ladner ............. 2A-12, 43-12, 43-26, 43-32, 43-38, 43-45Steinhardt Partners, L.P., In re ................................................ 25-16Stoneridge Inv. Partners, LLC v.

Scientific-Atlanta, Inc.......................................... 1B-58, 2A-12Strigliabotti v. Franklin Res., Inc...................... 43-12, 43-16, 43-32,

............................................................................ 43-36, 43-37Strougo v. Bea Assocs............................ 43-16, 43-19, 43-20, 43-21,

................................................................. 43-32, 43-33, 43-34Strougo ex rel. Brazil Fund v. Scudder, Stevens & Clark, Inc. .. 43-19Strougo ex rel. Brazilian Equity Fund, Inc. v. Bassini............... 43-19Swierkiewicz v. Sorema N.A. .................................................. 43-31

TTager v. SEC ........................................................................... 12-17Tannenbaum v. Zeller .................................................... 14-2, 43-10Tarlov v. Paine Webber Cashfund, Inc. .................................... 43-39Taussig v. Wellington Fund, Inc. .............................................2A-11T.C.W./D.W. N. Am. Gov’t Income Trust Sec. Litig., In re ........ 4-12The Dreyfus Corp. & Michael L. Schonberg,

In the Matter of...............................................................1B-57Transamerica Mortg. Advisors, Inc. v. Lewis ........................... 43-47Transit Inv. Corp., In the Matter of......................................... 12-29Trautman Wasserman & Co., Inc., In re ................................. 44-18TSC Indus., Inc. v. Northway, Inc. ...........................................2A-3

UUBS Global Asset Management (Americas), Inc.,

In the Matter of.................................................... 18-18, 31-22United States v. Arthur Young & Co. ...................................... 27-36United States v. Beacon Rock Capital LLC..................... App. 37A-6United States v. Benjamin ...................................................... 12-17United States v. Blitz .............................................................. 12-53

T–14



United States v. Booker................................................ 27-27, 27-46United States v. Davila ................................................ 27-27, 27-39United States v. Deutsch & Mills ................................ 12-32, 12-52United States v. Nat’l Ass’n of Sec. Dealers Inc. .......... 20-23, 20-25United States v. Noall.................................................. 27-23, 27-40United States v. Ostrander........................................... 12-55, 12-56United States v. Rodriguez ........................................................ 39-5United States v. United Shoe Mach. Corp............................... 27-22United States v. Warters............................................... 27-27, 27-39Upjohn Co. v. United States ........................................ 25-15, 27-22

VVan Wagoner Funds, Inc., In re ...............................................1B-57Vaughn v. Putnam Inv. Mgmt. ................................................ 43-40Veras Capital Master Fund, In re ................................. App. 37A-17Verkouteren v. Blackrock Fin. Mgmt. Inc. ......... 43-19, 43-20, 43-21

WWaddell & Reed, Inc., In re .......................................... App. 44A-17Walker v. Nat’l City Bank of Minneapolis ............................... 37-22W. Inv. LLC v.

DWS Global Commodities Stock Fund, Inc. ......... 43-45, 43-47Wicks v. Putnam Inv. Mgmt., LLP .................... 43-16, 43-32, 43-37Willheim v. Murchison ................................................ 12-39, 12-40Windsor Sec., Inc. v. Hartford Life Ins. Co. ............................. 44-15Wolfson v. Cooper................................................................... 43-11Wonsover v. SEC..................................................................... 12-17

YYameen v. Eaton Vance Distributors, Inc............................ 6-27, 7-4Young v. Nationwide Life Ins. Co................................ 2A-12, 2A-13

ZZucker v. Federated S’holder Servs. Co.................................... 43-40




STATUTES

Statutes by Name

Act of December 15, 1970 ...................................................... 20-12Administrative Procedure Act .......1B-51, 6-12, 38-41, 44-25, 44-27American Jobs Creation Act of 2004....................................... 30-22Bank Secrecy Act .......................2-21, 13-11, 26-5, 28-2, 39-3, 39-6Commodities Futures Trading Commission Act of 1974.........1A-13Commodity Exchange Act

generally ........1A-13, 1B-51, 8A-16, 36-3, 36-14, 36-22, 36-55§ 1(a)(24)......................................................................... 36-13§ 1(a)(25)......................................................................... 36-13§ 1a(10)....................................................... 36-9, 36-16, 36-17§ 1a(11).................................................................... 36-3, 36-8§ 1a(11)(A)(i)(I)................................................................ 36-10§ 1a(12)............................................................................. 36-9§ 1a(12)(A) ...................................................................... 36-62§ 1a(18)................................................................ 36-15, 36-56§ 1a(35)........................................................................... 36-11§ 1a(44)........................................................................... 36-11§ 1a(47)................................................................ 36-11, 36-12§ 1a(47)(B) ...................................................................... 36-12§ 1a(47)(B)(i) ................................................................... 36-13§ 1a(47)(D)...................................................................... 36-12§ 1a(47)(E)....................................................................... 36-13§ 2(c)(2)(B) ...................................................................... 36-15§ 2(c)(2)(B)(I) ................................................................... 36-15§ 2(c)(2)(C) ...................................................................... 36-15§ 2(c)(2)(C)(i)........................................................ 36-13, 36-15§ 2(h)(8) ..........................................................................1A-29§ 4c ................................................................................. 36-11§ 4d(2)............................................................................. 10-13§ 4m(1) ................................................................ 36-63, 36-64§ 4m(3) ..................................................... 36-63, 36-64, 36-65§ 17(j) ............................................................................. 36-41§ 19................................................................................. 36-15Rule 1.20(a)..................................................................... 10-13Rule 4.5 .............................................................. 8A-17, 8A-18Rule 30.7 ........................................................................ 10-13

Communications Decency Act of 1996.................................19A-31Comprehensive Iran Sanctions,

Accountability and Divestment Act of 2010 ............. App. 5A-4

T–16



Controlling the Assault of Non-Solicited Pornographyand Marketing Act of 2003(the CAN-SPAM Act) ...................................... 19A-39, 19A-40

Credit Rating Agency Reform Act of 2006 .............................. 32-24Digital Millennium Copyright Act of 1998 ...........................19A-31Dodd-Frank Wall Street Reform and

Consumer Protection Act of 2010generally ..............................1-9, 1A-26, 1A-27, 1A-28, 1A-31,

...................... 1B-35, 1B-61, 8A-4, 19-50, 19-51, 21A-19,

.......................... 32-24, 32-63, 32-68, 32-70, 32-75, 36-4,

........................................36-7, 36-8, 36-13, 36-16, 36-65§ 113............................................................................... 32-76§ 120............................................................................... 32-77§ 610(a)(3).........................................................................8A-5§ 619...............................................................................1A-30§ 913............................................................................... 23-11§ 917.................................................................... 19-51, 19-52§ 918.................................................................... 19-50, 19-52§ 922...............................................................................1A-28§ 939A .................................................................1B-45, 32-29§ 951(d)...........................................................................1B-37§ 956...............................................................................1A-30§ 965............................................................... 25-3, 25-4, 25-8§ 986(c)(2) .........................................................................1A-4Title I.............................................................................. 32-75Title VII ............................................................................8A-4Title IX ............................................................................... 1-8

Electronic Signatures in Global andNational Commerce Act of 2000generally ...................................19-29, 19A-14, 21A-4, 21A-30§ 10(c) ...........................................................................21A-25§ 101(a).........................................................................21A-24§ 101(c) ........................................................... 21A-26, 21A-29§ 101(c)(1) ....................................................... 19A-14, 21A-29§ 102(a)(2)(A)(i) .............................................................21A-28§ 104.............................................................................21A-29§ 104(d)(2) ...................................................................... 19-29§ 106(1).........................................................................21A-25§ 106(2).........................................................................21A-24§ 106(4).........................................................................21A-24§ 106(5).........................................................................21A-24§ 106(9).........................................................................21A-24

Employee Retirement Income Security Act of 1974 (ERISA)generally ..........1A-14, 1A-16, 36-15, 37-2, 37-5, 37-19, 37-21§ 3(16) .............................................................................. 37-4




§ 3(16)(A) ........................................................................ 17-12§ 3(21)(A) ........................................................................ 37-22§ 3(21)(B) .......................................................................... 37-3§ 401(b)(1)......................................................................... 37-3§ 403(a)(1)............................................................ 37-18, 37-23§ 404(c) ........................................................................... 37-23§ 405(a)........................................................................... 37-25§ 406................................................................................. 37-8§ 406(a).............................................. 37-6, 37-8, 37-13, 37-22§ 406(a)(1)(A) .............................................. 37-9, 37-10, 37-11§ 406(a)(1)(C) ................................... 37-9, 37-10, 37-22, 37-24§ 406(a)(1)(D)........................ 37-9, 37-11, 37-12, 37-22, 37-24§ 406(b)................................. 37-9, 37-12, 37-13, 37-14, 37-22§ 406(b)(1)............................ 37-9, 37-10, 37-12, 37-20, 37-22,

.......................................................... 37-23, 37-24, 37-25§ 406(b)(2)................................................... 37-9, 37-10, 37-12§ 406(b)(3).................. 37-9, 37-10, 37-12, 37-22, 37-23, 37-24§ 408(b)(2).............................. 37-6, 37-7, 37-12, 37-13, 37-15,

.......................................................... 37-18, 37-22, 37-24§ 408(b)(14).......................................................... 37-26, 37-27§ 408(g)(1)....................................................................... 37-27§ 408(g)(2)(A)(i) ............................................................... 37-27§ 408(g)(2)(A)(ii) .............................................................. 37-27§ 408(g)(3)....................................................................... 37-28§ 408(g)(4)....................................................................... 37-29§ 408(g)(5)....................................................................... 37-29§ 408(g)(6)....................................................................... 37-29§ 408(g)(6)(B) .................................................................. 37-30§ 408(g)(6)(B)(iv).............................................................. 37-31§ 408(g)(7)(A) .................................................................. 37-31§ 408(g)(7)(B) .................................................................. 37-31§ 408(g)(7)(C) .................................................................. 37-31§ 408(g)(7)(D).................................................................. 37-31§ 408(g)(8)(A) .................................................................. 37-30§ 408(g)(9)....................................................................... 37-31§ 408(g)(10)(A) ................................................................ 37-31§ 408(g)(10)(B) ................................................................ 37-32§ 408(g)(11)(A) ................................................................ 37-28Rule 404a-5............................................... 19-14, 19-16, 19-48Title I................................................................... 36-23, 36-24Title IV ........................................................................... 36-23

Fair and Accurate Credit Transactions Act of 2003 .................1B-54Family Educational Rights and Privacy Act of 1974 ................2A-12Federal Trade Commission Act .............................................19A-42Financial Modernization Act ...................................................... 1-6

T–18



Foreign Contribution Regulation Act § 624.............................................................................21A-30

Foreign Corrupt Practices Act ........................................ App. 27A-7Freedom of Information Act ................................................... 25-19Futures Trading Act 1982 ......................................................... 36-5Glass-Steagall Act 1933 ..........................................................1A-11Grain Futures Act ...................................................................1A-13Gramm-Leach-Bliley Act

generally ........................................... 1-6, 1A-11, 12-31, 23-38§ 101...............................................................................1A-11§ 211............................................................................... 12-52§ 212.................................................................... 12-15, 12-52§ 214............................................................................... 23-39§ 501.................................................................... 39-29, 39-31§ 504(a).........................................................................21A-15Title V..................................................2-21, 13-11, 26-5, 28-2

Insider Trading and Securities Fraud Enforcement Act of 1988 ............................................... 13-10, 27-41, 27-42

Investment Advice Prohibition Act of 2009 ............................ 37-26Investment Advisers Act of 1940. See Securities Law MaterialsInvestment Company Act of 1940. See Securities Law MaterialsInvestment Company Amendments Act of 1970

§ 7................................................................................... 20-12§ 8...................................................................................1A-11§ 12(d)(1)(E)(iii) ........................................................ 8-19, 8-20§ 20......................................................................... 1-5, 1A-11§ 24......................................................................1A-12, 44-92

Jobs and Growth Tax Relief Reconciliation Act of 2003§ 303............................................................................... 30-17

Jumpstart Our Business Startups Act.......................................... 1-2Mutual Fund Act of 1970 ........................................................... 7-3Mutual Fund Investor Confidence Restoration Act of 2003..... 44-99Mutual Fund Investor Protection Act of 2003 ......................... 44-99Mutual Fund Reform Act of 2004 ........................................... 44-99Mutual Fund Transparency Act of 2009 .......................1B-20, 44-99Mutual Funds Integrity and

Fee Transparency Act of 2003.......................................... 44-99National Securities Markets Improvement

Act of 1996 ............. 1A-18, 1B-7, 2A-5, 4-26, 8-19, 8-21, 24-6Pension Protection Act 2006................................................... 37-27Privacy Act of 1974 ................................................................ 25-11Public Utility Holding Company Act of 1935 ...........................1A-4

§ 30..................................................................................... 1-3Rating Agency Reform Act of 2006 .............................. 32-24, 32-25




Reorganization Plan No. 4 of 1978§ 101................................................................................. 37-8

Restoring American Financial Stability Act of 2009 .... 1A-26, 1B-20Sarbanes-Oxley Act of 2002

generally ..........................1-7, 1A-20, 1B-10, 1B-29, 2-21, 5-7,.................................. App. 5A-1, 6-35, 13-11, 26-4, 27-9,............................ App. 27A-3, 28-2, 31-11, 31-15, 31-17,......... 38-3, 38-4, 38-15, 38-22, 38-26, 38-36, App. 44B-1

§ 108................................................................................. 31-8§ 201............................................................................... 38-19§ 201(a)........................................................................... 38-18§ 202............................................................................... 38-21§ 203............................................................................... 38-24§ 204.................................................................... 31-27, 38-18§ 301............................................................................... 38-33§ 302................ App. 5A-6, App. 5A-7, 38-5, 38-6, 38-7, 38-40§ 304............................................................................... 38-38§ 306............................................................................... 38-39§ 307............................................................................... 38-29§ 402............................................................................... 38-40§ 403............................................................................... 38-33§ 404................... App. 5A-6, 27-6, 27-32, 31-12, 38-10, 38-40§ 405......................................................... 31-12, 38-10, 38-40§ 406......................................... App. 5A-2, 38-7, 38-10, 38-13§ 407........................................................... 38-7, 38-10, 38-13§ 408............................................................................... 38-38§ 806.................................................................... 27-19, 38-39§ 906............................................. App. 5A-7, 38-5, 38-6, 38-8§ 1103............................................................................. 38-39§ 1107............................................................................. 38-39Title I.............................................................................. 31-13Title II ............................................................................ 38-14

Securities Investor Protection Act of 1970 .............................. 44-71Sudan Accountability and Divestment Act of 2007.......... App. 5A-4

§ 3(d) .............................................................................. 43-46Tax Increase Prevention and Reconciliation Act of 2005 ......... 30-25

§ 102............................................................................... 30-17Telephone Consumer Protection Act of 1991 .......... 19A-40, 19A-41Uniform Electronic Transactions Act (UETA)

generally ........................................................... 21A-4, 21A-22§ 2(5) ............................................................................21A-24§ 2(7) ............................................................................21A-24§ 2(13) ..........................................................................21A-24§ 12(c) ...........................................................................21A-27

T–20



Uniting and Strengthening America by Providing AppropriateTools to Restrict, Intercept and Obstruct Terrorism Act (USA PATRIOT Act)generally ............................................... 1-6, 1A-19, 39-6, 39-7§ 302(b)(1)......................................................................... 39-6§ 311.................................................. 39-4, 39-9, 39-34, 39-37§ 312.................................................. 39-4, 39-9, 39-31, 39-33§ 314............................................................. 39-4, 39-9, 39-27§ 314(a)................................................................ 39-27, 39-30§ 314(b)..................................................... 39-27, 39-29, 39-30§ 326............................................................. 39-3, 39-8, 39-13§ 352............................................................. 39-3, 39-8, 39-10§ 356................................................................................. 39-4§ 356(C) ............................................................................ 39-4Title III ............................................................................. 39-3

Public Laws

67-331 (Grain Futures Act of 1922) ........................................1A-1373-22 (Securities Act of 1933) .................................................... 2-773-66 (Glass-Steagall Act of 1933)..........................................1A-1176-768 (Investment Company Act of 1940) ...............1-4, 2-2, 8-18,

................................................................................ 8-19, 8-3091-508 (Bank Secrecy Act) ........................................................ 39-391-547 (Investment Company Amendment

Act of 1970) ...........................................8-16, 8-19, 43-7, 43-9§ 7................................................................................... 20-12§ 8...................................................................................1A-11§ 12(d)(1)(E)(iii) ................................................................. 8-19§ 20......................................................................... 1-5, 1A-11§ 24......................................................................1A-12, 44-92

93-406 (Employee RetirementIncome Security Act of 1974) ..........................................1A-14

93-463 (Commodity Futures Trading SEC Act of 1974) ..........1A-1396-477 (Small Business Investment Incentive

Act of 1980) ....................................................................1A-1297-444 (Futures Trading Act of 1982) ....................................... 36-5102-550...........................................................................................

§ 1517(b)........................................................................... 39-6104-290 (National Securities Markets Improvement

Act of 1996) ................................................. 1A-18, 8-19, 8-21106-102 (Gramm-Leach-Bliley Financial Services

Modernization Act of 1999) ............................ 1-6, 23-38, 26-5




106-554 (Commodity Futures Modernization Act of 2000) ...................................................................... 36-6

107-56 (USA PATRIOT Act of 2001) ................................. 1-6, 39-3107-204 (Sarbanes-Oxley Act of 2002)................... 1-7, 1A-20, 26-5108-27 (Jobs and Growth Tax Relief Reconciliation

Act of 2003) .................................................................... 30-17§ 303............................................................................... 30-17

108-187 (Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003) ......................19A-39

109-222 (Tax Increase Prevention and ReconciliationAct of 2005) .................................................................... 30-17§ 102............................................................................... 30-17

109-280 (Pension Protection Act of 2006)............................... 37-27110-174 (Sudan Accountability and Divestment

Act of 2007) ............................................................. App. 5A-4111-195 (Comprehensive Iran Sanctions, Accountability,

and Divestment Act of 2010) ................................... App. 5A-4111-203 (Dodd-Frank Wall Street Reform and

Consumer Protection Act of 2010) ................ 1-8, 1A-26, 8A-4,................................................................... 19-50, 23-11, 36-3

United States Code

TITLE 5

§ 551 et seq. ....................44-25§ 552(a) .............................10-8§ 552a .............................25-11

TITLE 7

§ 1 et seq. ....................... 8A-16§ 1-27f............................ 1A-13§ 2(a)(2)–(11) .................. 1A-13

TITLE 12

§ 161(a) ...........................27-27§ 1829b .............................39-3§ 1951–59 .........................39-3

TITLE 15

§ 12(d)(3)..................8-29, 8-30§ 77a .................................37-3§ 77a–77aa .............. 1A-3, 26-4

§ 77a-1–77aa....................... 2-7§ 77q(a) ........................... 23-10§ 78a................................. 37-3§ 78a–78mm............ 2-18, 26-4§ 78a–78pp .......................1A-3§ 78c(23)(A) ...................... 10-6§ 78j(b)............................ 23-10§ 78o...................... App. 43A-2§ 78o(c)(1) ....................... 23-10§ 78q-1(c) ........................1A-12§ 78u-1(a)(1)(B) ............... 27-42§ 78u-1(a)(3) ........ 27-42, 27-43§ 79–79z-6 ........................1A-4§ 80-10(b)(1) ................... 14-20§ 80-10(e)........................ 14-29§ 80-16(a)........................ 14-29§ 80-22(g)........................ 14-26§ 80a............ 8A-2, 10-10, 26-5§ 80a-1.............................. 37-3§ 80a-1–64 ................1-4, 1A-2,

........................... 2-2, 32-4

T–22



§ 80a-1(b) ............... App. 43A-1§ 80a-1(b)(2) ......................15-2§ 80a-1(b)(3) ........................3-3§ 80a-1(b)(7) ........................3-3§ 80a-2(51) ....................... 1A-5§ 80a-2(a)(3) ....................14-17§ 80a-2(a)(20) ......................8-6§ 80a-2(a)(32) ......................8-6§ 80a-2(a)(42) ..........8-11, 15-2,

...................................15-5§ 80a-3 ........................... 2A-26§ 80a-3(a) ....................... 1A-10§ 80a-3(a)(1) ............1A-4, 1A-6§ 80a-3(b)(2) ..................... 1A-5§ 80a-3(b)(11) ................... 1A-6§ 80a-3(b)(13) ................... 1A-6§ 80a-3(c)(1) ..................... 1A-5§ 80a-3(c)(2) ..................... 1A-5§ 80a-3(c)(3) ............1A-4, 1A-5§ 80a-3(c)(4) ..................... 1A-5§ 80a-3(c)(5) ..................... 1A-5§ 80a-3(c)(6) ..................... 1A-5§ 80a-3(c)(7) ..........1A-5, 1A-18§ 80a-3(c)(8) ............1A-4, 1A-5§ 80a-3(c)(9) ............1A-4, 1A-5§ 80a-3(c)(10) ..........1A-4, 1A-5§ 80a-3(c)(12) ..........1A-4, 1A-6§ 80a-3(c)(14) ................... 1A-6§ 80a-4 ............... 8-4, 8-6, 30-4§ 80a-4(2) ................ 2A-7, 30-5§ 80a-4(3) ...................8-6, 30-5§ 80a-5 ................................8-6§ 80a-5(a) ......................... 1A-7§ 80a-5(a)(1) ........................8-6§ 80a-5(a)(2) ........................8-6§ 80a-5(b) .....................8-4, 8-6§ 80a-5(b)(1) ............. 1A-8, 8-6,

............................8-9, 8-10§ 80a-5(b)(2) ..... 1A-8, 8-6, 8-10§ 80a-6 ............................. 1A-6§ 80a-8(b)(1) .................8-5, 8-7§ 80a-8(b)(1)(E) ....................8-7§ 80a-8(b)(2) ........................8-9§ 80a-8(b)(3) .... 2A-6, 2A-7, 8-9§ 80a-9 ................... App. 43A-2

§ 80a-9(a) ........................ 14-27§ 80a-9(b)........................ 14-27§ 80a-10(a) .............1A-7, 14-21§ 80a-12(a) ........................ 8-13§ 80a-12(d)(1)(A) ...... 8-16, 8-17§ 80a-12(d)(1)(B) ............... 8-17§ 80a-12(d)(1)(C) ...... 8-17, 8-18§ 80a-12(d)(1)(D)............... 8-18§ 80a-12(d)(1)(E)(i) ............ 8-19§ 80a-12(d)(1)(E)(ii) ........... 8-19§ 80a-12(d)(1)(E)(iii) .......... 8-19§ 80a-12(d)(1)(F)................ 8-20§ 80a-12(d)(1)(G)(i)(II) ....... 8-23§ 80a-12(d)(1)(G)(ii) .......... 8-22§ 80a-12(d)(2).................... 8-28§ 80a-12(e) ........................ 8-32§ 80a-12(e)(1) .................... 8-32§ 80a-13..........................2A-13§ 80a-13(a) ..........8-7, 8-9, 15-7§ 80a-13(a)(1).................... 8-11§ 80a-13(a)(1)–(4) .............. 8-11§ 80a-13(c)(1) .................. 43-46§ 80a-13(c)(2) .................. 43-46§ 80a-15(a) ............... 14-5, 15-5§ 80a-15(c) .............1A-11, 14-5§ 80a-15(d)(1)(G)............... 8-22§ 80a-16(a) ........................ 15-6§ 80a-17................. App. 43A-2§ 80a-17(f) ...................... 40-11§ 80a-18(a) ................... 3-3, 3-4§ 80a-18(a)–(e) ......... 3-23, 15-4§ 80a-18(a)(1).................... 15-4§ 80a-18(a)(1)(A) ............... 3-23§ 80a-18(a)(1)(B) ............... 3-23§ 80a-18(a)(1)(C) ............... 3-24§ 80a-18(a)(2).................... 15-4§ 80a-18(a)(2)(A) ............... 3-23§ 80a-18(a)(2)(B) ............... 3-23§ 80a-18(a)(2)(C) ...... 3-24, 15-4§ 80a-18(a)(2)(D)............... 15-5§ 80a-18(c) ................. 3-3, 3-24§ 80a-18(d)................. 3-4, 3-21§ 80a-18(e) ........................ 3-24§ 80a-18(f) .......................... 3-3§ 80a-18(f)(1) ............. 3-6, 3-23




§ 80a-18(f)(2).....................3-14§ 80a-18(g) .................3-7, 3-17§ 80a-18(i) ..................3-4, 15-2§ 80a-22(e) ......8-6, 8-32, 16-18§ 80a-23 ..............................8-6§ 80a-26(f) ...................... 2A-12§ 80a-27(i) ...................... 2A-12§ 80a-32(a) ........................15-6§ 80a-34(a) ......................23-39§ 80a-34(b) ..................... 2A-12§ 80a-34(d) .............2A-2, 2A-3,

.......................2A-6, 2A-10§ 80a-35 ............................43-9§ 80a-35(a) ..................... 2A-12§ 80a-35(b) ..........1A-11, 2A-11§ 80a-35(d) ........................8-34§ 80a-36(a) ............ 2A-12, 14-4§ 80a-46(b)(1) ..................43-47§ 80a-46(b)(2) ..................43-47§ 80a-48 ................. App. 43A-2§ 80a-48(a) ..................... 2A-12§ 80b .................................26-5§ 80b-1 ..............................37-3§ 80b-1–80b-21 ....... 1A-2, 2-16§ 80b-2(11) ......................44-92§ 80b-2(a)(11) ................... 1A-9§ 80b-3 ........ 26-11, App. 43A-2§ 80b-3(a) ............... App. 43A-3§ 80b-3(b) ... 1A-12, App. 43A-3§ 80b-3(b)(1) ..................... 1A-9§ 80b-3(b)(2) ..................... 1A-9§ 80b-3(b)(3) ..................... 1A-9§ 80b-3(b)(4) ..................... 1A-9§ 80b-3(b)(5) ..................... 1A-9§ 80b-6 ............................26-11§ 80b-6(4) ....................... 1A-10§ 80b-6A ........................ 1A-10§ 80b-9(d)–(e) ................. 1A-10§ 6801–27 ...................... 1A-11§ 7211 ............................ 1A-20§ 7241 ............................ 1A-20§ 37001 et seq. ................19-29

TITLE 17

§ 204............................... 27-39

TITLE 18

§ 2 .................................. 12-17§ 4 ....................... 27-27, 27-39§ 212(c)(2)......................... 25-2§ 1350(a).........................1A-20§ 1513(e) .........................1A-20§ 1514A ..........................1A-20§ 1956............................... 39-5§ 1956–57 ......................... 39-3§ 1956(a)(2)....................... 39-6§ 1956(b)........................... 39-6§ 1957............................... 39-5§ 5318(h) .......................... 39-6

TITLE 26(see infra)

TITLE 29

§ 1002.............................1A-14

TITLE 31

§ 5311...................... 39-4, 39-6§ 5311–14 ......................... 26-5§ 5311–31 ......................... 39-3§ 5312(a)(2)....................... 39-7§ 5312(a)(2)(I) ................... 39-6§ 5312(a)(2)(Y) .................. 39-7§ 5312(a)(2)(Z) .................. 39-7§ 5316–32 ......................... 26-5§ 5318(g) ........................... 39-4§ 5318(h) ..............1A-19, 39-3,

....................... 39-6, 39-10§ 5318(i) ........................... 39-4§ 5318(l) ................ 39-3, 39-13§ 5318A ................... 39-4, 39-9

T–24



Internal Revenue Code (26 U.S.C.)

generally .................. 1A-13, 8-3Subchapter M ....... 1A-8, 1B-42,

...........1B-52, 2A-26, 8-10,

............30-2, 30-17, 30-20,

............. 31A-7, 34-7, 35-4,

......................36-31, 36-32§ 1(h)(11).........................30-18§ 1(h)(11)(B)(iii) ...............30-18§ 1(h)(11)(C)(i)(II) ............30-18§ 1(h)(11)(C)(iii) ..............30-18§ 1(h)(11)(D)(iii) ..............30-18§ 67(c)(2)(B) .......................3-20§ 164(a) ...........................30-21§ 243 ...............................30-18§ 243(a)(2) .......................30-18§ 243(a)(3) .......................30-18§ 243(c) ...........................30-18§ 263 ...............................32-55§ 301(c) ..................30-6, 30-17§ 302 .................................30-6§ 311(b) ...........................30-27§ 316 .................................30-6§ 368(a)(1)(C) ....................41-8§ 368(a)(1)(D) ....................41-8§ 368(a)(1)(F) .....................41-9§ 401(k) .......1-6, 1A-13, 1A-14,

...........1A-15, 1B-13, 19-7,

..............20-9, 21-5, 21-14,

....... 21-15, 21A-25, 23-29,

..............35-18, 37-2, 37-6,

..........37-23, 37-25, 37-26,

......................38-39, 44-59§ 403(b) ...... 19-34, 19A-9, 20-9§ 403(b)(7) ...................... 1A-14§ 410(d) ...........................36-24§ 457 .................. 1A-14, 19-34,

....................... 19A-9, 20-9§ 469(k)(4).......................30-10§ 501(c)(3) ............... 1A-14, 9-5§ 512(a)(5) .........................30-8§ 529 .....................17-11, 21-5,

................... 21A-21, 44-69§ 561(a)(2) .......................30-14

§ 562(c) .................. 3-19, 30-15§ 584................................. 30-4§ 584(a)............................. 30-4§ 584(a)(2)......................... 30-4§ 706(a)............................. 30-9§ 851.......................8-10, 8A-7,

........................31A-7, 34-7§ 851(a)(1)......................... 30-2§ 851(a)(1)(B) .................... 30-5§ 851(a)(2)......................... 30-4§ 851(b).................. 30-7, 30-10§ 851(b)(2) ............... 1A-8, 2-4,

.......................... 30-6, 30-8§ 851(b)(2)(A) .................... 30-8§ 851(b)(3) ........................ 8-10§ 851(b)(3)(A) ..........1A-8, 8-11,

...................... 30-11, 30-12§ 851(b)(3)(B) ..........1A-8, 8-11,

................................. 30-11§ 851(c)(5)....................... 30-11§ 851(d)........................... 30-13§ 851(e) ........................... 30-12§ 851(g) ............................. 30-4§ 852(a)(1)....................... 30-14§ 852(a)(2)....................... 30-13§ 852(b)(2) ...................... 30-27§ 852(b)(2)(D) ........ 3-19, 30-15§ 852(b)(3) ...................... 30-19§ 852(b)(3)(B) .................. 30-19§ 852(b)(3)(C).................. 30-24§ 852(b)(3)(D) ................. 30-19§ 852(b)(4)(A) .................. 30-25§ 852(b)(4)(B) .................. 30-25§ 852(b)(5) ...................... 30-20§ 852(b)(5)(A) .................. 30-24§ 852(b)(6) ...................... 30-27§ 852(b)(7) ...................... 30-16§ 852(c)(1)....................... 30-28§ 852(f) ........................... 30-25§ 853............................... 30-21§ 853(a)........................... 30-22§ 853(b)(1) ...................... 30-21§ 853(b)(2) ...................... 30-21




§ 853(c) ...........................30-24§ 854(b)(1)(A) ..................30-18§ 854(b)(1)(B)........30-17, 30-18§ 854(b)(2) .......................30-24§ 854(b)(3)(A) ..................30-19§ 854(b)(4) .......................30-19§ 855 ...............................30-16§ 871(g)(1)(B)(i)................30-22§ 871(h)(3)(A) ..................30-22§ 871(h)(4).......................30-22§ 871(i)(2)(A) ...................30-23§ 871(k) ...........................30-23§ 871(k)(1)(C) ..................30-24§ 871(k)(2)(C) ..................30-24§ 897(h)(1).......................30-26§ 897(h)(5)............30-25, 30-26§ 901 ...............................30-21§ 901(b)(1) .......................30-22

§ 902............................... 30-22§ 904(a)........................... 30-21§ 1201(a)......................... 30-19§ 1212(a)(1)(C)(i)............. 30-20§ 1212(a)(3)(A) ................ 30-20§ 4975......... 37-8, 37-11, 37-16§ 4982............................. 30-27§ 4982(e)(4)(A) ................ 30-28§ 4982(f) ......................... 30-28§ 7704(a)........................... 30-3§ 7704(a)(4)....................... 30-3§ 7704(b)........................... 30-3§ 7704(c) ........................... 30-4§ 7704(d)(1)(G)................ 30-10

TITLE 47

§ 227.............................19A-40

State Codes

California

Cal. Corp. Code § 600(b)............................................................................... 2-2

Maryland

Md. Code Ann., Corps. & Ass’ns§ 2-405.1 .......................................................................... 14-4§ 2-405.3 ........................................................................ 43-20§ 2-501(b) ......................................................................... 15-6

Minnesota

Minn. Stat. § 302A.431 ......................................................................... 2-2

T–26



RULES AND REGULATIONS

Code of Federal Regulations (C.F.R.)

TITLE 1

pt. 51 ................................10-8

TITLE 12

§ 341.3 ........................... 1A-12pt. 44 ............................. 1A-30pt. 248............................ 1A-30pt. 351............................ 1A-30

TITLE 15

§ 801.3 ............................40-50§ 806.4 ............................40-45

TITLE 16

pt. 255.......................... 19A-36

TITLE 17

§ 200.83 ..........................25-19§ 205.2(e) ........................27-37§ 205.3(a) ........................27-37§ 240.10b-5 ......... 2A-13, 23-10§ 270 .............................. 2A-10§ 270.0-1(a)(6) .................14-22§ 270.0-1(a)(7) .................14-25§ 270.2a-1 .........................8-10§ 270.2a-4 .........................8-33§ 270.2a-4(a)(1) .................8-33§ 270.2a-7(b)(2) .................8-34§ 270.2a19-1 ...................14-18§ 270.2a19-3 ...................14-18§ 270.2a51-1 .................... 1A-5§ 270.3a-1 ........................ 1A-5§ 270.3a-2 ........................ 1A-5§ 270.3a-7 ........................ 1A-5§ 270.3a-8 ........................ 1A-5§ 270.5b-1 .........................8-10§ 270.10b-1 .....................14-20

§ 270.10e-1 ..................... 14-29§ 270.12d2-1..................... 8-28§ 270.12d3-1..................... 8-31§ 270.12d3-1(a) ................. 8-30§ 270.12d3-1(c) ................. 8-31§ 270.12d3-1(d)(1)............. 8-30§ 270.12d3-1(d)(2)............. 8-30§ 270.12d3-1(d)(6)............. 8-31§ 270.12d3-1(d)(7)............. 8-31§ 270.13a-1....................... 8-12§ 270.14a-3....................... 15-8§ 270.14a-6....................... 15-8§ 270.14a-6(a) ................... 15-9§ 270.14a-6(a)(b) ............... 15-9§ 270.14a-6(b) ................. 15-10§ 270.14a-8(b) ................. 15-10§ 270.14a-13................... 15-12§ 270.14b-1..................... 15-12§ 270.14b-2..................... 15-12§ 270.17d-1(d)(7) ............ 14-31§ 270.17f-2(c).................... 10-3§ 270.17g-1 ....................... 14-5§ 270.18f-1 ....................... 3-22§ 270.18f-1(a).................... 3-22§ 270.18f-1(b)(ii) ............... 3-22§ 270.18f-2 ....................... 15-4§ 270.18f-2(a).................... 3-15§ 270.18f-2(b) ................... 3-15§ 270.18f-2(c)(1)................ 3-15§ 270.18f-2(d) ................... 3-15§ 270.18f-2(e).................... 3-15§ 270.18f-2(f) .................... 3-15§ 270.18f-2(g).................... 3-15§ 270.18f-3 ....................... 15-4§ 270.18f-3(a)(1)(i) ............ 3-18§ 270.18f-3(a)(1)(ii) ........... 3-18§ 270.18f-3(a)(1)(iii) .......... 3-18§ 270.18f-3(a)(2)................ 3-18§ 270.18f-3(a)(3)....... 3-18, 15-4§ 270.18f-3(a)(4)................ 3-18




§ 270.18f-3(c) ....................3-18§ 270.18f-3(d) ...........3-18, 3-19§ 270.18f-3(f)(2)(i) .............3-19§ 270.18f-3(f)(2)(ii) ............3-19§ 270.18f-3(f)(2)(iii) ...........3-19§ 270.22c-1 ...................... 1A-7§ 270.22c-1(a) ...................8-32§ 270.22c-1(b)(1) ...............8-32§ 270.22c-2 .....................16-20§ 270.22d-1 ...................... 1A-7§ 270.31a-2 ..........14-20, 14-23§ 270.32a-4 ............14-25, 15-6§ 270.35d-1(a)(2)(i) ......... 2A-17§ 270.35d-1(d)(2) ............ 2A-15§ 274.11A........................32-58§ 275.204(b)-1 ................ 1A-27pt. 4 ....................1A-29, 1A-30pt. 23 ............................. 1A-29pt. 37 ............................. 1A-29pt. 38 ............................. 1A-29pt. 75 ............................. 1A-30pt. 165............................ 1A-29pt. 205..................27-37, 38-29pt. 210............................ 1A-24pt. 228............................ 1A-20pt. 229............................ 1A-20pt. 231............... 31A-16, 34-16pt. 232............................ 1A-20pt. 239..... 1A-18, 1A-24, 1A-28pt. 240..... 1A-20, 1A-24, 1A-29pt. 241............... 31A-16, 34-16pt. 249..... 1A-20, 1A-24, 1A-29pt. 255............................ 1A-30pt. 270................1A-17, 1A-18,

....................1A-20, 1A-21,

....................1A-24, 1A-28,

......................44-25, 44-26pt. 271............... 31A-16, 34-16pt. 274................1A-18, 1A-20,

.....................1A-24, 1A-28pt. 275..... 1A-21, 1A-24, 1A-27pt. 276............... 31A-16, 34-16pt. 279............................ 1A-24

TITLE 29

§ 2509.75-2 .................... 37-11§ 2509.75-2(c) ................. 37-10§ 2509.96-1 .................... 37-25§ 2510.3-21(c)(1)............. 37-19§ 2510.3-101(h)(1) ............ 37-3§ 2550.404a-5 ................... 37-7§ 2550.404a-5(c)(1) .........1A-15§ 2550.404a-5(c)(2) .........1A-15§ 2550.408b-2(c) ............... 37-6§ 2550.408b-2(e) ............. 37-25§ 2550.408b-2(e)(1)

....................... 37-9, 37-15§ 2550.408b-2(f) ............. 37-25§ 2550.408g-1 ................. 37-28§ 2550.408g-1(b)(6)(i)...... 37-29pt. 2550 .............. 1A-15, 1A-16

TITLE 31

§ 103.11(n) ....................... 39-9§ 103.15.......................... 39-21§ 103.15(a)........................ 39-9§ 103.15(a)(1).................. 39-22§ 103.15(a)(2).................. 39-22§ 103.15(a)(3).................. 39-24§ 103.15(b)(3).................. 39-23§ 103.15(b)(4).................. 39-24§ 103.15(b)(5).................. 39-24§ 103.15(c) ...................... 39-25§ 103.15(d)...................... 39-25§ 103.15(e) ...................... 39-26§ 103.16(b)(3)(iii) ............ 39-22§ 103.22................... 39-7, 39-9§ 103.23............................ 39-7§ 103.24............................ 39-8§ 103.30................... 39-7, 39-9§ 103.31(b)(3).................. 39-19§ 103.31(b)(4).................. 39-21§ 103.31(b)(5).................. 39-21§ 103.31(b)(6).................. 39-20§ 103.33(g) ...................... 39-10§ 103.100(b).................... 39-27§ 103.100(b)(2)(i) ............ 39-28§ 103.100(b)(2)(ii) ........... 39-28

T–28



§ 103.100(b)(2)(iii)...........39-28§ 103.100(b)(2)(iv) ...........39-28§ 103.100(b)(2)(v) ............39-29§ 103.110 .............39-29, 39-30§ 103.110(a)(2) ................39-30§ 103.110(a)(3) ................39-30§ 103.110(b) ....................39-29§ 103.110(b)(2) ................39-30§ 103.110(b)(3) ................39-30§ 103.110(b)(4) ................39-31§ 103.110(b)(5) .....39-29, 39-30§ 103.110(c) ....................39-31§ 103.130(a) ......................39-9§ 103.130(b) ....................39-10§ 103.130(c)(1) ................39-11§ 103.130(c)(3) ................39-12§ 103.130(c)(4) ................39-12§ 103.131 .............39-15, 39-19§ 103.131(a)(1)(i) .............39-15§ 103.131(a)(1)(ii)(A) .......39-15§ 103.131(a)(1)(ii)(B)........39-15§ 103.131(a)(2) ................39-14§ 103.131(a)(2)(i)(B).........39-14§ 103.131(a)(2)(ii) ............39-14§ 103.131(a)(5) ..................39-9§ 103.131(b) ....................39-16§ 103.131(b)(1) ................39-13

§ 103.131(b)(2)..... 39-16, 39-17§ 103.175(d)(1)................ 39-32§ 103.175(d)(2)(iv)........... 39-32§ 103.175(f)(1) ................ 39-31§ 103.175(h) ................... 39-32§ 103.175(o).................... 39-35§ 103.175(r) .................... 39-36§ 103.176(a) .................... 39-32§ 103.176(a)(2)................ 39-33§ 103.176(a)(3)................ 39-33§ 103.176(b)(1)................ 39-34§ 103.176(b)(2)................ 39-34§ 103.176(b)(3)(ii) ........... 39-35§ 103.176(c) .................... 39-34§ 103.176(d).................... 39-35§ 103.176(e) .................... 39-31§ 103.176(f) .................... 39-31§ 103.178(a) .................... 39-35§ 103.178(b).................... 39-36§ 103.178(c) .................... 39-36§ 103.178(d).................... 39-37§ 103.178(e) .................... 39-31§ 103.186........................ 39-37§ 103.187........................ 39-37§ 357................................. 10-8pt. 103 ............................1A-19




SECURITIES LAW MATERIALS

SEC No-Action Letters

1784 Funds (July 17, 1995) .................................................... 32-49Adams Express Co. (Oct. 20, 1979) ........................................ 32-19Alliance for Financial Independence (Nov. 2, 1972) .................. 16-6Alpha Investors Fund (Jan. 9, 1972)........................................ 14-19American Council of Life Insurance, Investment Company

Institute, National Association for Variable Annuities(May 30, 1996) ............................................................... 22-14

Am. Express Financial Corp. (Nov. 17, 1998) .................. 6-17, 6-18Am. Express Travel Related Services (Nov. 24, 2000) .............. 44-11Am. Stock Exchange (Aug. 17, 2001) ...................................... 35-14Arnold Bernhard & Co. (Sept. 18, 1974)................................. 12-49Auchincloss & Lawrence Inc. (Feb. 8, 1974) ............................. 6-25Baldwin Securities Corp. (Apr. 9, 1987) .................................... 3-21Bayrock and Kemper Funds (Nov. 21, 1974) ...........................2A-16Breen Mortgage Fund I (Jan. 20, 1988) ..................................... 33-5California Dentists Guild Real Estate Mortgage Fund II

(Jan. 4, 1990) .................................................................... 33-5Capital Liquidity (Mar. 28, 1975) ...........................................2A-16Cargill Financial Markets PLC (Mar. 15, 1996)....................... 33-11Centennial Money Market Trust (Sept. 17, 1999) ................... 32-50Charles Schwab & Co. Inc...............................................................

(Aug. 6, 1992) ................................................................. 20-17(July 7, 1997) ......................................................... 16-4, 44-11

Claremont Capital Corp. (Sept. 16, 1979) ................................ 8-14Clemente Global Growth Fund, Inc. (Jan. 16, 1998) ............... 15-11CNA Mgmt. Corp. (July 16, 1973).......................................... 12-49Composite Grp. of Funds (Mar. 2, 1987)................................... 10-3Consolidated Programs, Inc. (Nov. 11, 1974) ............................ 16-6Data Concepts Fund, Inc. (Aug. 25, 1980) .................................. 3-6Department of Labor (Oct. 26, 2011)........................... 19-16, 19-48Depositor ’s Investment Trust ..........................................................

(Apr. 5, 1984) .................................................................... 15-4(May 7, 1984) ..................................................................... 3-5

Dimensional Fund Advisors, Inc. (Nov. 21, 1988).......... 33-6, 33-21Douglas Mercer (Jan. 8, 1972) ................................................ 12-45Drexel Burnham Lambert Inc. (TARPS) (June 14, 1989) ............. 3-5Dreyfus Cash Management (Sept. 25, 2008)........................... 32-49Dreyfus Cash Management Plus, Inc. (Oct. 20, 2008) ............ 32-49Dreyfus Money Funds (Oct. 20, 2008) .................................... 32-56

T–30



Dreyfus Strategic Investing & Dreyfus Strategic Income (June 22, 1987) ........................................................ 3-10, 3-11

Dual Purpose Fund, Inc. (Feb. 28, 1997) ................................. 19-25Eaton Vance Management (June 13, 2008).............................. 32-18Egan-Jones Proxy Services (May 27, 2004) ................................ 11-9Embarcadero Mortgage Fund I (Nov. 5, 1986) ........................... 33-5Emerald Mgmt. Co. (Jan. 21, 1978) .......................................... 8-13Equitable Life Assurance Soc’y of the United States

(Jan. 11, 1984) ................................................................ 42-10Equity Securities Trust, Series 4 (Jan. 19, 1994)...................... 32-44Federated Securities Corp. (Oct. 21, 1983).............................. 12-51Fidelity Funds (Jan. 22, 2008) ................................................. 15-11Fidelity Institutional Retirement Services Co. Inc.

(Apr. 5, 1995) .................................................................... 19-7First Australia Fund, Inc. (July 29, 1999) ............................. 8-8, 8-9First Financial Fund, Inc. (June 5, 1997) ................................. 12-19First National Bank of Chicago (Sept. 22, 1992) ..................... 12-25Five Arrows Short-Term Investment Trust

(Sept. 26, 1997)............................................................... 32-20Fixed Income Exchange (Apr. 9, 2007) .................................... 35-15Flex-Fund, R. Meeder & Associates, Inc. (Nov. 22, 1985)........ 12-51Franklin Templeton Group of Funds (July 23, 1997) ................. 6-17Fund for U.S. Government Securities, Inc.

(Apr. 27, 1975) ................................................................2A-16Gartmore Mutual Funds (Mar. 19, 2004) .................................. 6-18GE Funds (Feb. 7, 1997) ......................................................... 19-27Goldman, Sachs & Co. (Sept. 7, 1988) ................................... 32-16Growth Stock Outlook Trust, Inc. (Apr. 15, 1986) .................. 19-26Hartford Money Market Fund, Inc. (Feb. 14, 1983)................. 12-51Hyperion 2005 Investment Grade Opportunity Term Trust, Inc.

(Jan. 12, 1999) ................................................................ 15-11ICI Mutual Insurance Co. (July 27, 1998)............................... 32-48ING Funds Trust, ING Investors Trust, ING Series Fund, Inc.

(Feb. 19, 2009) ................................................................ 32-49Institutional Shareholder Services, Inc. (Sept. 15, 2004) ........... 11-9Invesco (Aug. 5, 1997) ................................................... 6-18, 42-10Investment Company Institute........................................................

(June 13, 1973) ................................................................. 16-6(Dec. 6, 1989) ................................................................. 32-21(June 12, 1991) ............................................................... 38-33(Oct. 30, 1998).................................................................. 20-8(June 15, 1999) ............................................................... 32-19(Dec. 8, 1999) ................................................................... 16-2(Apr. 30, 2001) .................................................................. 16-2(Nov. 10, 2004) ................................................................. 28-3




(Oct. 10, 2008).................................................................. 32-7(Aug. 10, 2010) ............................................................... 32-15(Aug. 19, 2010) ............................................................... 32-29

Investment Company Registrants (May 8, 1990) .................... 32-21Investment Trust of Boston Funds (Apr. 13, 1989).................. 19-24Investors Diversified Services, Inc. (Sept. 22, 1949) .................. 6-11IPI Income & Price Index Fund (Dec. 12, 1980)...................... 12-52ITT Hartford Mutual Funds (Feb. 7, 1997) ............................. 19-27J. & W. Seligman & Co. (Nov. 13, 1989) ................................. 33-21JNL Equity Corp. (Dec. 18, 1970) ............................................. 16-6John Nuveen & Co. (Nov. 18, 1986) ......................................... 15-5John P. Reilly & Associates (July 12, 1979) ............................. 44-52Kemper Corp. (June 23, 1995) ................................................ 12-27Kidder, Peabody Equity Income Fund, Inc. (Nov. 1, 1991) ....... 19-25Lehman Brothers Daily Income Fund (July 7, 1995) ............... 32-55Lehman Bros. Holdings, Inc. (July 7, 1995) ............................ 12-27Lincoln National Investment Mgmt. Co. (Apr. 25, 1976)........ 12-25Liquid Green Trust (Dec. 19, 1991) ........................................ 32-55Mackenzie Investment Management, Inc.

Mackenzie Financial Corporation (Aug. 8, 2000) ............... 13-7MainStay VP Series Fund—MainStay VP Cash

Management Portfolio (Oct. 22, 2008) ............................ 32-56Managers Core Trust (Jan. 28, 1993) ...................................... 19-26MassMutual Institutional Funds (Oct. 19, 1998)...................... 8-22Merrill Lynch Asset Mgmt. (June 9, 1994) ................................ 16-5Merrill Lynch Asset Mgmt., Inc. (Mar. 9, 1990) ...................... 19-26Merrill Lynch Asset Mgmt., L.P. (July 2, 1996) ........................... 3-9Merrill Lynch Investment Managers (May 10, 2002) .............. 32-18Metropolitan Life Insurance Company (Nov. 23, 1999) ............ 12-7Mexico Equity and Income Fund, Inc. (Nov. 15, 2001) ........... 12-50Minnesota Fund Management, Inc. (Mar. 12, 1978) ...............2A-16ML-Lee Acquisition Fund II L.P. et al. (Mar. 31, 1994) ............ 12-64Murphey Favre, Inc. (June 22, 1987)....................................... 20-27Nat’l Secs. & Research Corp. (Jan. 21, 1974) ..........................2A-29NEA Mutual Fund, Inc. (Feb. 16, 1974) .................................... 3-21Neuberger & Berman Genesis Fund, Inc. (Sept. 27, 1988) ...... 44-52Nicholas-Applegate Mutual Funds ...................................................

(Aug. 6, 1996) ...................................................... 19-26, 34-12(Feb. 7, 1997) ....................................................... 19-27, 34-12

North American Security Trust (Aug. 5, 1994)............... 19-24, 41-3Overland Express MMF (July 7, 1995) .................................... 32-50Paul B. O’Kelly, Esq. (June 5, 1986) ........................................ 32-16Philadelphia Fund, Inc. (Oct. 17, 1989) .................................. 19-24Pioneer Funds (Dec. 20, 2005)................................................ 38-36PowerShares Exchange-Traded Fund Trust (Oct. 24, 2006) ...... 35-14

T–32



PowerShares Lux Nanotech (Oct. 25, 2005) ................. 35-13, 35-14PowerShares Lux Nanotech Portfolio

(Oct. 26, 2005).......................................... 35-11, 35-12, 35-13Pretzel & Stouffer (Dec. 1, 1995) ............................................ 12-48Redwood Mortgage Investors VII (Jan. 5, 1990) ........................ 33-5Robertson Stephens Investment Trust (Aug. 24, 1995)....... 3-9, 3-10Rodney Square Fund (June 15, 1987) ........................................ 10-3Russell Investment Co. (Oct. 24, 2008) .................................. 32-49Salomon Brothers ............................................................................

(May 4, 1975) ............................................................ 3-6, 11-2(Sept. 29, 1972)............................................................... 32-19

Sanford C. Bernstein (June 25, 1990)........................3-8, 3-12, 3-13Scientific Advances Corp. (June 22, 1983) .............................. 33-16Scudder Fund Distributors, Inc. (Feb. 18, 1976)........................ 16-6Scudder Tax-Free Money Fund (July 16, 1982) .......................... 16-5Securities Industry Association (Nov. 21, 2005)...................... 35-13SEI Daily Income Trust—Money Market Fund

(Nov. 9, 2007) ................................................................. 32-49SEI Daily Income Trust—Prime Obligation Fund

(Nov. 8, 2007) ................................................................. 32-49Sentinel Group Funds Inc. (Oct. 27, 1992) ...............3-5, 15-5, 32-5SMC Capital, Inc. (Sept. 5, 1995) ........................................... 12-45SSgA International Liquidity Fund (Dec. 2, 1998)................... 32-20Standard Shares, Inc. (Aug. 28, 1974) ..................................... 32-19State Street Bank & Trust Co.

(Sept. 29, 1972)........................................... 11-2, 30-19, 32-19STI Classic Funds (Oct. 26, 2007) .......................................... 32-50Surfcastle (Mar. 14, 1988)....................................................... 33-26T. Rowe Price Assocs., Inc. (July 10, 2008).............................. 42-19T. Rowe Price Tax-Free Funds (June 24, 1993)......................... 32-35TBA Fin. Corp. (Dec. 7, 1983)................................................ 27-41TD Asset Mgmt. USA Funds Inc.—TDAM Money Market

Portfolio (Dec. 31, 2007) ................................................. 32-56Templeton Global Fund, Inc. (Sept. 7, 1982)............................. 16-5The Brinson Funds, et al. (Nov. 25, 1997) .................................. 3-6The Calvert Group (Jan. 7, 1993) ........................................... 14-29The Coca-Cola Company (Feb. 7, 2000) ................................. 15-11The Fairmont Fund Trust (Dec. 9, 1988) ................................ 19-23The Hartford Mutual Funds, Inc., Hartford Series Fund, Inc.

(Feb. 17, 2009) ................................................................ 32-49The Investment Company Institute (Aug. 19, 2010)............... 32-29The Portico Funds, Inc. (Apr. 11, 1996) .................................. 20-27The South America Fund, N.V. (Sept. 2, 1993) ....................... 33-26The Thai Fund, Inc. (Nov. 30, 1987) ...................................... 32-44




Twentieth Century Companies(June 30, 1995) ............................................................... 12-27(July 7, 1995) .................................................................. 12-27

Unified Funds (Apr. 23, 1991) ................................................ 19-24United Services Funds (Apr. 1, 1988) ............................... 3-20, 3-21Wash. Mut. Investors Fund, Inc. (May 14, 1993) ...................... 6-17Wells Fargo Bank N.A. .....................................................................

(July 7, 1995) .................................................................. 12-27(Mar. 31, 1998) ...................................................... 6-17, 42-10

Wells Fargo Funds Trust (Feb. 13, 2008) ................................. 32-49Willkie Farr & Gallagher (Oct. 23, 2000) .................................. 32-5Zweig Series Trust (Jan. 10, 1990) .......................................... 19-24

Securities Act of 1933

generally.............. 1-2, 1-3, 1-4,.............1-27, 1A-3, 1A-11,............... 1A-18, 2-9, 2-21,.......... 3-20, 4-2, 4-6, 4-11,.......4-15, 4-16, 4-29, 4-32,........ 4-35, 4-36, 8-34, 9-3,..........12-41, 13-11, 14-26,..............19-3, 19-23, 20-4,............20-5, 20-11, 20-21,..............26-4, 27-43, 28-2,......... 30-28, 31A-5, 32-60,..........33-13, 33-15, 33-17,..............34-6, 36-6, 36-52, ..............36-64, 37-3, 38-4,................38-9, 41-5, 41-6,.............43-7, 43-37, 44-90

§ 2(a)(1) ................. 31A-5, 34-5§ 2(a)(10) ................19-4, 19-18§ 2(a)(10)(a) .....21A-27, 21A-29§ 2(10)..............1-28, 4-5, 19-4,

........................19-6, 19-27§ 3(a)(5)(A) ......................36-67§ 4(2)............9-4, 32-51, 32-52,

.................................32-61§ 4(6)....................44-97, 44-98§ 5............ 1-28, 4-2, 4-3, 4-36,

............12-19, 19-4, 19-18,

..................31A-5, 31A-12,

........................34-5, 34-12

§ 5(a)(1)............................. 19-4§ 5(b) ................................ 4-34§ 5(b)(1) ........... 4-5, 19-4, 19-5,

........................ 19-6, 19-7,

..................... 19-17, 32-64§ 5(b)(2) ................1B-32, 4-35,

..................... 19-17, 19-18§ 6(a)................................. 4-28§ 8(a).......................... 4-3, 4-31§ 8(b) ................................ 4-31§ 10 ................... 1-28, 4-3, 4-5,

........................ 4-34, 4-35,

......................... 19-4, 19-7§ 10(a)..........1B-32, 4-12, 4-14,

......................... 4-34, 19-4§ 10(a)(3).................. 1-22, 4-29§ 10(b)......... 4-34, 19-17, 32-64§ 11 .............. 4-11, 4-26, 38-12§ 12 .................................. 4-28§ 12(a)(2)........................... 4-13§ 15 ................................ 27-43§ 17(a)................... 4-11, 19-18,

..................... 23-10, 23-21§ 17(a)(1)–(3)................... 44-16§ 17(a)(2)................ 4-13, 23-30§ 18 .................................... 4-7§ 19(a)............................... 4-13§ 22 ................................ 14-30

T–34



Securities Act Releases

929 (July 29, 1936)................................................................... 4-357038 (Dec. 17, 1993).............................................................. 12-277233 (Oct. 6, 1995) ......................................................... 5-9, 19-287288 (May 9, 1996) ......................................................... 5-9, 19-287516 (Mar. 23, 1998).............................................................. 34-167684, Midwest Tech. Imperial Financial Services, Inc.

(1965) .................................................................. 12-12, 12-357856 (Apr. 28, 2000) ............................................ 5-9, 19-28, 19-307877 (July 27, 2000) ......................................... 19-28, 19-29, 19-307919, Revision of the Commission’s Auditor Independence

Requirements (Nov. 21, 2000) ......................................... 38-168150, Implementation of Standards of Professional Conduct

for Attorneys (Nov. 21, 2002) .......................................... 38-308177, Disclosure Required by Sections 406 and 407

of the Sarbanes-Oxley Act of 2002(Jan. 23, 2003, corrected Jan. 24, 2003) .... 38-10, 38-13, 38-14

8180, Retention of Records Relevant to Audits and Reviews (Jan. 24, 2003) ..................................................... 33-28, 33-29

8183, Strengthening the Commission’s Requirements Regarding Auditor Independence(Jan. 28, 2003) .............................. 38-14, 38-18, 38-19, 38-21,................................................................ 38-22, 38-24, 38-26,................................................................. 38-27, 38-28, 39-18

8185, Implementation of Standards of Professional Conductfor Attorneys (Jan. 29, 2003) .......... 27-37, 38-29, 38-30, 38-31

8220, Standards Relating to Listed Company Audit Committees (Apr. 9, 2003) ....................... 38-33, 38-34, 38-35,............................................................................ 38-36, 38-37

8238, Final Rule: Management’s Reports on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports (June 5, 2003)........... 38-7, 38-8

8298, In re Markovitz (Oct. 2, 2003) ........................... App. 44A-108304, In re Connelley (Oct. 16, 2003) ........................... App. 44A-18312 Exemption from Shareholder Approval for Certain

Subadvisory Contracts (Oct. 23, 2003) .............................. 42-58339, In re Morgan Stanley DW Inc.

(Nov. 17, 2003) .............................. 23-30, 44-19, App. 44A-228340, Disclosure Regarding Nominating Committee Functions

and Communications Between Security Holders and Boards of Directors (Nov. 24, 2003)................................. 38-32

8358 (Jan. 29, 2004)............................................................... 23-308393, Final Rule: Shareholder Reports and Quarterly Portfolio

Disclosure of Registered Management (Feb. 27, 2004) ....... 38-7




8427 (June 7, 2004)................................................................ 23-198455, In re CIHC, Inc. (Aug. 9, 2004) ........................... App. 44A-58456, In re Inviva, Inc. (Aug. 9, 2004) .................. 44-7, App. 44A-58505, In re Pilgrim (Nov. 17, 2004) .................... 44-6, App. 44A-138506, In re Pilgrim Baxter (Nov. 17, 2004) ......... 44-6, App. 44A-138520, In re Edward D. Jones & Co. L.P.

(Dec. 22, 2004) ......................................... 44-19, App. 44A-218520A, In the Matter of Edward D. Jones & Co., L.P.

(July 13, 2007) ..................................................... App. 44A-218534, In re Columbia Management Advisors, Inc.

(Feb. 9, 2005) .............................................. 44-17, App. 44A-48537, In re Martin (Feb. 9, 2005) .................................. App. 44A-58538, In re Banc of Am. Capital Mgmt., LLC

(Feb. 9, 2005) .............................................. 44-16, App. 44A-28556, In re Capital Analysts Inc. (Mar. 23, 2005) ........ App. 44A-208557, In re Citigroup Global Mkts., Inc.

(Mar. 23, 2005) ......................................... 44-19, App. 44A-208592, In re Canadian Imperial Holdings, Inc.

(July 20, 2005) ................................. 44-13, 44-17, App. 44A-38621, In re Int’l Equity Advisors, LLC

(Sept. 30, 2005)...................................................... App. 44A-98624, In re Sihpol (Oct. 12, 2005) ................................. App. 44A-28637, In re Am. Express Fin. Advisors, Inc.

(Dec. 1, 2005) ...................................................... App. 44A-208639, In re Millennium Partners, L.P.

(Dec. 1, 2005) ................................................................. 44-188646, In re Veras Capital Master Fund

(Dec. 22, 2005) ......................................... 44-18, App. 44A-178668, In re Bear Stearns & Co., Inc.

(Mar. 16, 2006) ........................................... 44-12, App. 44A-28713, Final Rule: Fund of Funds Investments

(June 20, 2006) ................................................................. 2-118720, In re IMFG Securities, Inc. (July 13, 2006) ........ App. 44A-218727, In re Lammert (July 31, 2006) ........................... App. 44A-108737, In re Flynn (Aug. 31, 2006).................................. App. 44A-38748, In re Markovitz (Oct. 11, 2006) ......................... App. 44A-108749, In re Wall St. Access (Oct. 12, 2006) .................. App. 44A-178750, In re Hartford Investment Financial Services LLC (Nov. 8,

2006) ....................................................... 44-20, App. 44A-218778, In re Sassano (Jan. 31, 2007) .................... 44-12, App. 44A-38780, In re Trautman Wasserman & Co., Inc.

(Feb. 5, 2007) ................................. 44-12, 44-13, App. 44A-178795, In re Sacco (May 2, 2007) .................................... App. 44A-18798, In re Bridge (May 2, 2007) ................................... App. 44A-1

T–36



8820, In re Haidar Capital Management, LLC (July 6, 2007) ......................................................... App. 44A-8

8823 (July 11, 2007) ................................................................. 4-278828, Revision of Limited Offering Exemptions in

Regulation D (Aug. 3, 2007) ............................................ 44-978832, In re General American Life Insurance Co.

(Aug. 9, 2007) ........................................................ App. 44A-88841, In re Byck (Sept. 14, 2007)................................. App. 44A-128847, In re Mutuals.com, Inc. (Sept. 26, 2007)............ App. 44A-118877A, In re Lammert (Dec. 19, 2007) ........................ App. 44A-108883, In re Chronos Asset Management, Inc.

(Jan. 25, 2008) ....................................................... App. 44A-48890, In re Ritchie Capital Mgmt., L.L.C.

(Feb. 5, 2008) ....................................................... App. 44A-158894, In re Trautman Wasserman & Company

(Feb. 14, 2008) ..................................................... App. 44A-178928, In re EKN Fin. Servs., Inc. ................................... App. 44A-68945, In re Sassano ....................................................... App. 44A-38998, Enhanced Disclosure and New Prospectus Delivery

Option for Registered Open-End Management Companies (Jan. 13, 2009) ................................................................ 19-17

9126 (June 16, 2010) ................................................... 19-12, 19-209128, Mutual Fund Distribution Fees; Confirmation

(Aug. 4, 2010) .................................................................1A-249171, In the Matter of Charles Schwab Inv. Mgmt., et al.

(Jan. 11, 2011) .................................................................. 4-129193, References to Credit Ratings in Certain Investment

Company Act Rules and Forms (Mar. 9, 2011) ................1A-289309 (Apr. 3, 2012) ................................................................ 19-1659,085, In re Ritchie Capital Mgmt., LLC

(Dec. 11, 2008) .................................................... App. 44A-15

Securities Exchange Act of 1934

generally ........ 1-13, 1-23, 1A-3,.......... 1A-11, 1A-12, 1B-4,......... 1B-10, 1B-27, 1B-36,.......2-18, App. 5A-1, 8-17,............8-19, 12-41, 13-11,............14-24, 14-26, 19-3,.......19A-32, 20-14, 21A-6,..............26-4, 27-6, 27-43,...........28-2, 31A-6, 31A-8,.....33-20, 34-6, 34-8, 35-3,

............ 35-11, 35-17, 36-3,

.............. 36-6, 36-52, 37-3,

............ 38-5, 38-24, 38-40,

............ 40-6, 40-12, 40-52,

.......................... 41-8, 41-9§ 2(a)(3).........................19A-14§ 3(a)(5)........................... 20-24§ 3(a)(5)(A) ...................... 20-24§ 3(a)(12)(C) .................... 19-35§ 3(a)(18)......................... 44-72




§ 3(a)(22) .........................44-72§ 3(a)(31) .........................44-69§ 3(a)(55)(A) ....................36-11§ 3(a)(55)(B).....................36-11§ 4..................... 31A-10, 34-10§ 4(h)(2).............................25-4§ 9.....................................6-10§ 10 .....................2A-12, 2A-13§ 10(b) ................ 1B-31, 1B-58,

.................... 2A-12, 19-18,

................19A-13, 19A-14,

..........23-10, 23-11, 23-21,

...........33-15, 44-16, 44-77§ 10A(i)(3) .......................38-21§ 11(d) .................. 31A-9, 34-9,

.................................35-12§ 12 ................4-28, 38-3, 38-4,

........................38-6, 38-33§ 12(b) ...............9-4, 38-4, 38-6§ 12(g) .................................9-4§ 12(g)(2)(B)..........33-14, 38-33§ 13 ...................................31-6§ 13(a) ......... 1B-35, 9-4, 33-14,

..............33-17, 38-3, 38-6,

................38-7, 38-8, 38-9,

......................38-10, 38-12§ 13(b)(2) ................ App. 27A-7§ 13(d) ....... 12-7, 31A-9, 33-14,

........................34-9, 35-15

§ 13(e)............................. 33-14§ 13(f) .............................1B-37§ 13(g)............................. 33-14§ 14 ................................ 33-14§ 14A ..............................1B-37§ 14A(d) ..........................1B-37§ 14(c) ............................... 42-6§ 15 ....................... 6-10, 20-14§ 15A .............................. 19-48§ 15(c)(1)......................... 23-10§ 15(c)(3)......................... 20-28§ 15(d) .........1B-35, 9-4, 33-14,

............. 33-17, 38-4, 38-6,

............... 38-7, 38-8, 38-9,

..................... 38-10, 38-12§ 15(g)............................. 13-10§ 16 ..................... 33-14, 38-33§ 16(a)...................31A-9, 34-9,

..................... 35-15, 38-33§ 17 ......................... 2-18, 6-10§ 17A ................................ 10-8§ 19 ...................31A-10, 34-10§ 19(b)....................31A-9, 34-9§ 20(a)............................. 27-43§ 21(a)...............19A-25, 25-18,

..................... 27-24, 27-26§ 28(e)..........14-10, App. 27B-2§ 49 .................................. 6-10§ 203................................. 6-10

Exchange Act Releases

2350, In the Matter of Duker & Duker (Dec. 19, 1939).......... 23-114832, In the Matter of Mason, Moran & Co.

(Apr. 23, 1953) ................................................................ 23-167684, Imperial Financial Services, Inc.

(Aug. 26, 1965) ......................................... 12-12, 12-35, 12-537687, In the Matter of Russell L. Irish

(Aug. 27, 1965) ............................................................... 23-148399 (Sept. 4, 1968) ............................................................... 12-439148 (Apr. 14, 1971) .............................................................. 12-4311,065, In the Matter of Charles E. Marland & Co.

(Oct. 21, 1974)..................................................... 23-13, 23-14

T–38



12,818, In the Matter of Winston H. Kinderdick (Sept. 21, 1976)............................................................... 23-14

13,508 (May 5, 1977) .................................................. 12-41, 44-6813,695, Steadman Security Corp. (June 29, 1977)............ 7-4, 12-4114,970 (July 18, 1978) .............................................................. 11-215,385 (Dec. 6, 1978)............................................................... 11-224,003 (Jan. 16, 1987) ............................................................ 33-1925,914, Final Rule: Certification of Management

Investment Company Shareholder Reports and Designationof Certified Shareholder Reports As Exchange ActPeriodic Reporting Forms; Disclosure Required by Sections 406 and 407 of the Sarbanes-Oxley Act of 2002(Jan. 27, 2003) .................................................................. 38-7

27,292, Frank Russell Investment Company, et al. (Apr. 25, 2006) .................................................................... 3-6

27,325, Frank Russell Investment Company, et al. ..................... 3-627,535, In the Matter of F.J. Kaufman & Co. of Va.

(Dec. 13, 1989) ................................................................. 23-731,553 (Dec. 3, 1992)............................................................... 28-831,554, In the Matter of Gutfreund

(Dec. 3, 1992) ............................................. 27-26, App. 27A-735,082, Report of Investigation In the Matter of the Cooper

Companies, Inc. As It Relates to the Conduct of Cooper ’sBoard of Directors (Dec. 12, 1996) .................................. 27-45

39,157, Report of Investigation In the Matter of W.R. Grace, Inc.(Sept. 30, 1997)............................................................... 27-45

39,779 (Mar. 23, 1998)........................................................... 34-1640,018 (May 21, 1998) ................................................ 15-10, 15-1140,214 (July 15, 1998) ................................................. 23-27, 23-3241,002, In re Sw. Sec., Inc. (Jan. 10, 2005) ............................. 44-1743,410, In the Matter of J. Stephen Stout (Oct. 4, 2000)......... 23-1443,507 (Nov. 2, 2000).................................................. 19-43, 23-1443,602, Revision of the Commission’s Auditor Independence

Requirements (Nov. 21, 2000) ......................................... 38-1643,650, Order Instituting Public Proceedings In the Matter of

Leslie E. Rossello (Dec. 1, 2000)...................................... 23-1444,178 (Apr. 12, 2001)............................................................ 23-2244,969, Commission Statement on the Relationship of

Cooperation to Agency Enforcement Decisions (Oct. 23, 2001).......................................... 25-18, 27-24, 27-26

45,459, In the Matter of Russell C. Turek (Feb. 20, 2002)....... 23-1646,421, Ownership Reports and Trading by Officers, Directors

and Principal Security Holders (Aug. 27, 2002)................ 38-3346,427, Certification of Disclosure in Companies’ Quarterly

and Annual Reports (Aug. 28, 2002)................................1A-20




46,868, Implementation of Standards of Professional Conductfor Attorneys (Nov. 21, 2002) .......................................... 38-30

47,235, Disclosure Required by Sections 406 and 407 of the Sarbanes-Oxley Act of 2002 (Jan. 23, 2003, corrected Jan. 24, 2003) .................................................. 38-10

47,241, Retention of Records Relevant to Audits and Reviews(Jan. 24, 2003) ................................................................ 38-28

47,262, Final Rule: Certification of Management Investment Company Shareholder Reports and Designation of Certified Shareholder Reports As Exchange Act Periodic Reporting Forms; Disclosure Required by Sections 406 and 407 of the Sarbanes-Oxley Act of 2002(Jan. 27, 2003) ................................... 38-7, 38-9, 38-10, 38-12

47,265, Strengthening the Commission’s Requirements Regarding Auditor Independence (Jan. 28, 2003) ............. 38-14

47,276, Implementation of Standards of Professional Conduct for Attorneys (Jan. 29, 2003) ........................................... 38-29

47,654, Standards Relating to Listed Company Audit Committees (Apr. 9, 2003) .............................................. 38-33

47,890, Improper Influence on Conduct of Audits(May 20, 2003) ............................................................... 38-29

47,986, Final Rule: Management’s Reports on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports (June 5, 2003)................ 38-7

48,149, In the Matter of Prudential Securities, Inc.(July 10, 2003) ................................................................ 23-21

48,255, In the Matter of Michael Flanagan, Ronald Kindschi, and Spectrum Administration, Inc. (July 30, 2003) ................................................................ 23-21

48,683, Exemption from Shareholder Approval for CertainSubadvisory Contracts (Oct. 23, 2003) .............................. 42-5

48,825, Disclosure Regarding Nominating Committee Functions and Communications Between SecurityHolders and Boards of Directors (Nov. 24, 2003) ............. 38-32

49,333, Final Rule: Shareholder Reports and Quarterly Portfolio Disclosure of Registered Management Investment Companies (Feb. 27, 2004) ............................. 38-7

49,791, In re Strong Capital Mgmt., Inc.(May 20, 2004) .................................................... App. 44A-16

50,354, In re PA Fund Mgmt. LLC, f/k/a Pimco Advisors Fund Mgmt. LLC (Sept. 11, 2004) ........................ App. 44A-12

50,360, In re Charles Schwab & Co. (Sept. 14, 2004) .. App. 44A-1550,384, In re PA Fund Mgmt. LLC (Sept. 15, 2004) ................ 44-2050,506, In re Invesco Funds Group, Inc.

(Oct. 8, 2004)..............................................1A-20, App. 44A-9

T–40



50,644, In re Wadha (Nov. 5, 2004) ............................... App. 44A-850,841, In re Franklin Advisers, Inc. (Dec. 13, 2004).............. 44-2050,841A, In re Franklin Advisers, Inc.

(Dec. 13, 2004) .................................................... App. 44A-2151,002, In re Southwest Securities, Inc.

(Jan. 10, 2005) ..................................................... App. 44A-1651,017, In re Lawrence Powell (Jan. 11, 2005) ........................ 44-1751,219, In re Brean Murray & Co. (Feb. 17, 2005)......... App. 44A-351,588, In re Fiserv Securities, Inc. (Apr. 21, 2005) ....... App. 44A-651,589, In re Addeo (Apr. 21, 2005)............................... App. 44A-651,624, In re Laughlin (Apr. 28, 2005)........................... App. 44A-251,761, In re Smith Barney Fund Mgmt. LLC

(May 31, 2005)..................................................... App. 44A-2051,914, In re Braun (June 23, 2005) .............................. App. 44A-652,055, In re Cemo (July 18, 2005) ............................... App. 44A-952,163, In re Christian (July 29, 2005) ........................ App. 44A-1752,420, In re Oppenheimer Funds, Inc.

(Sept. 14, 2005).................................................... App. 44A-2252,728, In re Kibble (Nov. 3, 2005).............................. App. 44A-1152,839, In re Federated Inv. Mgmt. Co.

(Nov. 28, 2005) ........................................... 44-16, App. 44A-752,962, In re Peffer (Dec. 16, 2005) ............................. App. 44A-1352,963, In re Druffner (Dec. 16, 2005) ........................ App. 44A-1352,964, In re Ajro (Dec. 16, 2005) ............................... App. 44A-1353,137, In re J.B. Oxford Holdings, Inc.

(Jan. 18, 2006) ..................................................... App. 44A-1153,179, In re Caluga (Jan. 25, 2006) ............................ App. 44A-1553,201, In re Schield Management Company

(Jan. 31, 2006) ................................................................ 25-1453,206, In re Ajro (Feb. 2, 2006).................................. App. 44A-1353,209, In re Lin (Feb. 2, 2006) ................................... App. 44A-1253,210, In re Lewis (Feb. 2, 2006)................................ App. 44A-1153,251, In re Morgan Keegan & Co. (Feb. 8, 2006) ...... App. 44A-1153,507, In re Sharma (Mar. 17, 2006)............................ App. 44A-853,513, In re Druffner (Mar. 17, 2006) ........................ App. 44A-1353,622, In re Gerbasio (Apr. 10, 2006)........................... App. 44A-653,844, In re Franklin Advisers, Inc.

(May 19, 2006)..................................................... App. 44A-2153,881, In re Geek Securities, Inc.

(May 30, 2006)....................................................... App. 44A-853,918, In re Edward D. Jones & Co., L.P.

(June 1, 2006) ...................................................... App. 44A-2153,962, In re Shannon (June 8, 2006) .......................... App. 44A-1354,073, In re Pilgrim Baxter & Assoc. Ltd.

(June 30, 2006) .................................................... App. 44A-12




54,173, In re Waddell & Reed, Inc. (July 24, 2006) ................. 44-1754,175, In re Columbia Mgmt. Advisors, Inc.

(July 19, 2006) ....................................................... App. 44A-454,193, In re Waddell & Reed, Inc. (July 24, 2006) ...... App. 44A-1754,280, In re Banc One Investment Advisors Corporation

(Aug. 7, 2006) ........................................................ App. 44A-254,371, In re Prudential Equity Group, LLC

(Aug. 28, 2006) .................................................... App. 44A-1454,440A, In re Massachusetts Financial Services Company

(Sept. 14, 2006).................................................... App. 44A-1054,529, In re Deutsche Inv. Mgmt. Americas, Inc.

(Sept. 28, 2006)............................................................... 44-2054,637, In re Edward D. Jones & Co., L.P.

(Oct. 20, 2006)..................................................... App. 44A-2154,812, In re Pilgrim Baxter & Assoc. Ltd.

(Nov. 22, 2006) .................................................... App. 44A-1254,954, In re Kaplan & Co. Securities, Inc.

(Dec. 18, 2006) ......................................... 44-18, App. 44A-1054,993, In re Deutsche Bank Securities, Inc.

(Dec. 21, 2006) ........................................... 44-12, App. 44A-555,118, In re Fred Alger Mgmt., Inc.

(Jan. 18, 2007) ....................................................... App. 44A-155,146, Internet Availability of Proxy Materials

(Jan. 22, 2007) ................................................................ 15-1255,147, Universal Internet Availability of Proxy Materials

(Jan. 22, 2007) ................................................................ 15-1255,209, In re Dornfeld

(Jan. 31, 2007) ............................................ 44-18, App. 44A-355,322, In re Velasco

(Feb. 21, 2007) ....................................................... App. 44A-555,363, In re Veras Capital Master Fund

(Feb. 27, 2007) ..................................................... App. 44A-1755,394, In re Massachusetts Financial Services Company

(Mar. 2, 2007) ...................................................... App. 44A-1055,561, In re Putnam Investment Mgmt.

(Mar. 30, 2007) .................................................... App. 44A-1455,598, In re Columbia Mgmt. Advisors Inc.

(Apr. 6, 2007) ......................................................... App. 44A-555,665, In re International Equity Advisors, LLC

(Apr. 25, 2007) ....................................................... App. 44A-955,692, In re A.G. Edwards & Sons (May 2, 2007) ........ App. 44A-155,711, In re Zurich Capital Markets, Inc.

(May 7, 2007) ...................................................... App. 44A-1855,730, In re Banc One Investment Advisors Corporation

(May 9, 2007) ........................................................ App. 44A-2

T–42



55,763, In re Fasciano (May 15, 2007)......................... App. 44A-1655,857 (June 18, 2007) ........................................................... 32-2455,946, In re John Hancock Investment Mgmt. Services, LLC

(June 25, 2007) .................................................... App. 44A-2155,990, In re Trautman Wasserman & Company

(June 29, 2007) .................................................... App. 44A-1756,025A, In re Invesco Funds Group, Inc.

(July 6, 2007) ......................................................... App. 44A-956,077, In re Banc of Am. Capital Mgmt.

(July 16, 2007) ....................................................... App. 44A-256,115, In re Putnam Investment Mgmt.

(July 20, 2007) ..................................................... App. 44A-1456,122, In re Massachusetts Financial Services Company

(July 24, 2007) ..................................................... App. 44A-1056,163, In re Rice (July 30, 2007) ................................ App. 44A-1456,196, In re Markovitz..........................App. 44A-10, App. 44A-1156,196, In re Millennium Partners, L.P.

(Aug. 3, 2007) .................................App. 44A-10, App. 44A-1156,220, In re International Equity Advisors, LLC

(Aug. 8, 2007) ........................................................ App. 44A-956,222, In re RS Investment Mgmt., Inc.

(Aug. 8, 2007) .................................App. 44A-10, App. 44A-1556,462, In re Evergreen Inv. Mgmt. Co., LLC

(Sept. 19, 2007)...................................................... App. 44A-656,464, In re Ennis (Sept. 19, 2007) .............................. App. 44A-656,518, In re Goldberg (Sept. 25, 2007) ......................... App. 44A-356,527, In re Massachusetts Financial Services Company

(Sept. 25, 2007).................................................... App. 44A-1056,531, In re Ficken (Sept. 26, 2007) ........................... App. 44A-1456,980, In re Morgan Stanley & Co. Inc.

(Dec. 18, 2007) .................................................... App. 44A-1157,048, In re Banc of Am. Capital Mgmt.

(Dec. 27, 2007) ...................................................... App. 44A-257,329, In re Trautman Wasserman & Company

(Feb. 14, 2008) ..................................................... App. 44A-1757,341, In re American Express Financial Advisors

(Feb. 15, 2008) ..................................................... App. 44A-2057,396, Massachusetts Financial Services Company

(Feb. 28, 2008) ..................................................... App. 44A-2257,489, In re Alliance Capital Mgmt., L.P.

(Mar. 13, 2008) ...................................................... App. 44A-157,501, In re Bilotti (Mar. 14, 2008) ............................ App. 44A-1457,674, In re Gann...................................................... App. 44A-1657,704, In re Pritchard Capital Partners, LLC .............. App. 44A-13




57,721, In re Janus Capital Mgmt., LLC (Apr. 25, 2008) ....................................................... App. 44A-9

57,808, In re Franklin Advisers, Inc. (May 9, 2008) ....... App. 44A-757,825, In re Alliance Capital Mgmt., L.P.

(May 15, 2008) ...................................................... App. 44A-157,860, In re Invesco Funds Group, Inc.

(May 23, 2008) ...................................................... App. 44A-957,879, In re Sassano (May 28, 2008)............................ App. 44A-357,880, In re Sassano (May 28, 2008)............................ App. 44A-357,934, In re EKN Financial Services, Inc.

(June 6, 2008) ........................................................ App. 44A-658,193, In re Sassano .................................................... App. 44A-358,225, In re General American Life Insurance Co.

(July 25, 2008) ....................................................... App. 44A-858,288 (Aug. 1, 2008)............................................................. 19-3058,632, In re Sassano (Sept. 24, 2008)........................... App. 44A-358,802, In re Ficken .................................................... App. 44A-1459,085, In re Ritchie Capital Mgmt., LLC

(Dec. 11, 2008) .................................................... App. 44A-1559,342 (Feb. 2, 2009).............................................................. 32-2559,356, In re Bear, Stearns & Co. (Feb. 4, 2009) ............ App. 44A-262,544, Mutual Fund Distribution Fees; Confirmations

(Aug. 4, 2010) .................................................................1A-2463,325 (Nov. 17, 2010).................................................. 23-4, 23-1063,693, In the Matter of Charles Schwab Inv. Mgmt., et al.

(Jan. 11, 2011) .................................................................. 4-1264,154, Proposed Rules for Nationally Recognized Statistical

Rating Organizations (May 18, 2011).............................. 32-2464,386 (May 3, 2011) ............................................................. 23-2765,545, Prohibitions and Restrictions on Proprietary Trading

and Certain Interests in, and Relationships with,Hedge Funds and Private Equity Funds(Oct. 11, 2011)................................................................1A-30

Investment Company Act of 1940

generally.........1-11, 1-12, 1-13,................1-14, 1-16, 1-19,............... 1-20, 1-21, 1A-2,.............. 1A-3, 1A-4, 1A-5,............ 1A-7, 1A-9, 1A-10,........ 1A-11, 1A-12, 1A-16,.............1A-23, 1A-28, 2-2,.............. 2-3, 2-5, 2-6, 2-7,

..........2-9, 2-18, 2-21, 3-8,

............3-15, 4-2, 4-3, 4-4,

................. 4-6, 4-24, 4-30,

........ App. 5A-2, 6-2, 6-11,

............... 6-12, 6-15, 6-18,

............... 6-19, 6-20, 6-21,

..........6-27, 6-32, 7-1, 7-3,

............7-4, 7-7, 7-8, 7-10,

T–44



.......... 8-3, 8-4, 8-16, 8-20,

............... 8-30, 8-34, 8A-2,

............ 8A-3, 8A-4, 8A-11,

........ 9-1, 10-2, 11-1, 11-3,

.......11-7, 12-3, 12-4, 12-7,

............12-9, 12-13, 12-15,

..........12-17, 12-18, 12-19,

..........12-20, 12-26, 12-29,

..........12-31, 12-36, 12-42,

..............13-11, 15-2, 15-4,

.......15-5, 15-6, 15-7, 16-2,

..............16-3, 16-17, 17-4,

............17-19, 19-3, 19-23,

............. 19A-2, 20-4, 20-5,

..........20-11, 20-23, 20-25,

..........20-28, 20-29, 20-36,

....................... App. 20B-1,

....................... App. 20B-2,

............23-32, 23-33, 24-2,

................24-6, 25-3, 26-5,

................28-2, 29-2, 30-2,

................30-4, 30-5, 30-9,

..........30-10, 30-12, 30-28,

............30-29, 31-9, 31-21,

........ 31A-3, 31A-6, 31A-8,

..................31A-9, 31A-11,

........... 31A-16, 33-4, 33-8,

..............33-12, 35-3, 36-4,

..............36-6, 36-8, 36-10,

..........36-23, 36-36, 36-50,

............37-3, 37-14, 37-15,

..............38-6, 38-9, 38-13,

..............40-5, 41-4, 41-10,

..............41-11, 43-2, 43-5,

.......................43-7, 43-35,

....................... App. 43A-1,

............ App. 43A-3, 44-21,

..........44-22, 44-25, 44-38,

...........44-39, 44-40, 44-67§ 1 .......................................3-3§ 1(b) ..3-13, 3-21, 12-20, 33-24§ 1(b)(2) .............................15-2§ 1(b)(3) ....................3-13, 3-14§ 1(b)(4) .............................8-15§ 1(b)(7) ....................3-13, 3-14

§ 1(b)(8) ................... 3-13, 3-14§ 2(a)(1)............................. 12-5§ 2(a)(2)............................. 12-5§ 2(a)(3)............ 1-23, 9-9, 12-5,

....................... 12-7, 12-33,

...................... 14-17, 44-73§ 2(a)(3)(A) ........................ 35-8§ 2(a)(3)(C).............. 8-22, 12-8,

........... 12-44, 35-20, 43-20§ 2(a)(3)(D)........................ 12-5§ 2(a)(3)(E) ........................ 12-5§ 2(a)(3)(F) ........................ 12-5§ 2(a)(4)......... 2-15, 6-21, 20-14§ 2(a)(6)........................... 20-25§ 2(a)(9).......... 2-15, 6-21, 12-7,

............ 12-8, 12-13, 12-19,

..................... 12-24 , 43-20§ 2(a)(11)......................... 20-24§ 2(a)(15)........................... 33-3§ 2(a)(16)......................... 32-17§ 2(a)(19)........ 1-23, 6-12, 6-23,

.......... 12-24, 14-17, 14-19,

..........14-30, 22-9, 31A-10,

.......... 34-10, 38-11, 38-35,

........... 43-19, 43-20, 44-30§ 2(a)(19)(A)(iv) ................. 12-5§ 2(a)(19)(B) ........................ 6-4§ 2(a)(19)(B)(i) ................. 43-20§ 2(a)(19)(B)(iv) ................. 12-5§ 2(a)(20)(B) ...................... 6-18§ 2(a)(29).............. 12-10, 20-13§ 2(a)(32)........................ 20-18,

.............. App. 20A-9, 33-2,

................ 33-4, 33-5, 33-6,

............. 33-12, 33-13, 35-7§ 2(a)(35)............... 12-16, 20-6,

..................... 20-17, 20-18,

............... App. 20A-9, 22-6§ 2(a)(36).................. 8-25, 38-8§ 2(a)(40)......................... 20-13§ 2(a)(41)..... 2A-34, 16-7, 18-2,

................ 18-3, 18-5, 32-7,

...................... 32-48, 44-38§ 2(a)(41)(B) ........... 18-2, 18-16




§ 2(a)(42) ........2-15, 4-26, 8-11,.........................15-2, 15-5,........................20-14, 22-8

§ 2(a)(46)(A) ....................44-98§ 2(a)(46)(B).....................44-98§ 2(a)(48) ...............6-12, 33-13,

......................38-40, 44-98§ 2(a)(50) .............................9-4§ 2(a)(51) ............... 1A-5, 44-96§ 2(a)(51)(A) .........30-66, 44-98§ 2(b) ...............................44-69§ 2(c) ....................32-71, 44-27§ 3........................36-48, 44-69§ 3(a) ................... 31A-5, 44-97§ 3(a)(1) ...................1A-4, 1A-5§ 3(a)(1)(C) ........................32-5§ 3(b) ................................ 1A-5§ 3(b)(2)...........................12-28§ 3(c) ..................... 1A-5, 44-98§ 3(c)(1) ....... 1A-5, 33-3, 36-48,

......................44-96, 44-97§ 3(c)(3) .............................38-4§ 3(c)(7) ................1A-5, 1A-18,

............31-3, 37-96, 37-98,

......................40-36, 40-48§ 4..................... 1A-6, 8-5, 8-6,

..........................33-3, 38-4§ 4(2)......................33-3, 44-69§ 4(3).................................33-2§ 4(6)...............................44-97§ 5......................8-5, 8-6, 8-10,

..........................33-3, 38-4§ 5(a) ................................ 1A-7§ 5(a)(1) .........33-2, 39-9, 44-69§ 5(b) ..................... 1A-8, 32-37§ 5(b)(1)............1-25, 8-6, 8-10,

...........32-30, 32-32, 32-35§ 6.................................... 1A-6§ 6(c) ...........1A-17, 1A-18, 3-6,

................6-5, 8-21, 12-26,

.............12-28, 16-20, 33-6§ 7.......................................4-3§ 7(d) ................ 31A-16, 34-16,

......................36-38, 36-50

§ 8 ......................... 1-22, 33-14§ 8(a)................................... 4-3§ 8(b) .......1-22, 4-3, 4-19, 4-25§ 8(b)(1) ...............8-4, 8-8, 8-9,

.......................8-11, 8A-13§ 8(b)(1)(A).......................... 8-9§ 8(b)(1)(E) ...................... 32-57§ 8(b)(2) .............................. 8-9§ 8(b)(3) .............................. 8-9§ 9 .................................. 14-27§ 9(a)............................... 14-27§ 9(b) .......... 1-30, 14-27, 25-14§ 10 .................................. 1-23§ 10(a).......... 2-6, 14-17, 14-21,

....................... 43-3, 43-19§ 10(b)...................... 2-6, 43-44§ 10(b)(1) ........................ 14-20§ 10(d) ....... 20-6, 20-15, 20-29,

.............. App. 20A-1, 22-2§ 10(d)(1) .......................... 20-6§ 10(d)(2) .......................... 20-6§ 10(d)(3) .......................... 20-6§ 10(d)(4) .......................... 20-6§ 10(d)(5) .......................... 20-6§ 10(d)(6) .......................... 20-6§ 10(d)(7) .......................... 20-6§ 10(d)(8) .......................... 20-6§ 10(e)............................. 14-29§ 10(f) ................ 1-24, 9-2, 9-5,

.................... 12-17, 14-13,

....................... 42-4, 42-20§ 12 ..... 1-25, 8-18, 8-21, 33-27§ 12(a)............. 8-12, 8-13, 8-14§ 12(b).......... 20-3, 20-6, 20-15,

............. 20-29, 22-2, 22-6,

..................... 22-14, 44-20§ 12(c)(2)........................... 8-29§ 12(d) ............. 2-9, 8-16, 8-26,

.......... 32-52, 35-17, 35-18§ 12(d)(1) ......... 1-5, 1-25, 2-10,

............... 2-11, 8-14, 8-16,

............... 8-20, 8-21, 8-23,

............... 8-24, 8-25, 8-27,

..................... 32-37, 35-18

T–46



§ 12(d)(1)(A) ............2-10, 8-15,................8-17, 8-18, 8-21,............8-25, 20-12, 20-13,...........20-21, 42-20, 43-44

§ 12(d)(1)(A)–(C).......8-16, 8-18§ 12(d)(1)(A)(i) .........8-17, 8-18,

........................8-27, 20-13§ 12(d)(1)(A)(ii) .......8-17, 20-13§ 12(d)(1)(A)(iii) ......8-17, 20-13§ 12(d)(1)(B).............8-16, 8-17,

.........................8-18, 8-19,

..........................8-21, 8-27§ 12(d)(1)(C) ............8-17, 8-18,

.................................33-27§ 12(d)(1)(D)............8-18, 8-28,

...................................8-29§ 12(d)(1)(E)......2-9, 2-10, 8-18,

................8-19, 8-20, 8-21,

..........17-11, 17-12, 17-20,

......................32-37, 32-44§ 12(d)(1)(E)(iii) ........8-19, 8-20§ 12(d)(1)(E)(iii)(aa)............8-19§ 12(d)(1)(F).............1-20, 2-11,

................8-20, 8-23, 8-24,

..........................8-25, 33-7§ 12(d)(1)(G) ............2-10, 8-20,

................8-23, 8-24, 8-25,

.............17-11, 20-13, 33-7§ 12(d)(1)(G)(i)(II) .....8-23, 8-24§ 12(d)(1)(G)(ii)................32-51§ 12(d)(1)(J) ........1A-17, 1A-18,

.................8-22, 8-23, 8-24§ 12(d)(2)...........................8-28§ 12(d)(3)..........1-25, 8-3, 8-29,

............. 8-30, 8-31, 8A-12,

......... 8A-13, 32-18, 32-48,

........................42-4, 42-18§ 12(e) ...............................8-32§ 12(g) ...............................8-28§ 13 ..................3-15, 8-9, 8-11,

......................43-45, 43-46§ 13(a) ................4-30, 8-8, 8-9,

..............8-11, 12-34, 15-4,

.............15-7, 43-46, 43-47§ 13(a)(3) .......8-7, 32-57, 43-46

§ 13(c) .......... App. 5A-4, 43-46,................................. 43-47

§ 13(c)(2)......................... 43-46§ 14(a)..................... 2-14, 6-13,

....................31A-11, 34-11§ 14(b)............................... 43-3§ 15............. 1-23, 1-24, 1A-11,

.........2-16, 6-2, 6-11, 6-18,

............ 12-33, 42-4, 42-10,

..............44-33, App. 44B-3§ 15(a).............. 2-15, 2-20, 6-6,

.........6-7, 6-11, 6-12, 6-14,

.......6-15, 6-16, 6-17, 6-21,

.................. 7-1, 14-5, 15-5,

................ 42-4, 42-5, 42-7,

............ 42-9, 42-10, 42-13,

........... 42-14, 42-15, 43-44§ 15(a)(2).................. 2-15, 6-13§ 15(a)(3).................... 2-15, 6-7§ 15(a)(4)..... 2-15, 20-28, 42-10§ 15(b)..................... 2-16, 20-3,

...................... 20-13, 20-28§ 15(b)(1) ........................ 20-14§ 15(b)(2) ........................ 20-14§ 15(c) .............. 1-5, 2-15, 2-20,

.........6-7, 6-11, 6-12, 6-13,

................ 6-27, 6-34, 6-37,

................ 7-11, 14-5, 20-3,

.......... 20-14, 20-25, 20-28,

.......... 20-31, 20-33, 22-20,

.............. 42-5, 43-3, 43-19,

..............App. 44B-2, 45-25§ 15(f) ............ 1-23, 6-23, 6-24,

....................... 14-21, 41-6,

...................... 41-13, 43-44§ 15(f)(1)(A).........6-4, 6-5, 6-23§ 15(f)(1)(B) ......................... 6-4§ 15(f)(2)(B) ..................... 41-13§ 15(f)(3) ........................... 6-23§ 15(h)(1) ................App. 44B-3§ 15(h)(2) ................App. 44B-3§ 16....................31A-10, 34-10§ 16(a)........... 6-23, 14-29, 15-6§ 16(b)............................... 6-23




§ 17 ............12-2, 12-14, 12-19,......... 12-20, 12-29, 31A-8,.........................34-8, 42-4,......................42-20, 43-29

§ 17(a) ............1-24, 8-25, 8-26,.......9-7, 9-12, 12-3, 12-10,..........12-11, 12-12, 12-13,..........12-14, 12-15, 12-16,..........12-17, 12-18, 12-19,..........12-20, 12-21, 12-22,..........12-23, 12-24, 12-26,..........12-28, 12-30, 12-32,..........12-33, 12-34, 12-52,............14-13, 32-37, 35-8,............38-40, 41-5, 42-18,...........42-19, 42-20, 43-44

§ 17(a)–(e)........................12-54§ 17(a)(1) ......8-28, 12-3, 12-11,

..........12-12, 12-13, 12-17,

..........12-21, 12-46, 32-48,

........................35-8, 42-20§ 17(a)(2) ......8-28, 12-3, 12-17,

..........12-26, 12-29, 12-46,

.............35-8, 42-20, 43-44§ 17(a)(3) ..............12-14, 12-15§ 17(a)(4) ..............12-15, 12-31§ 17(b) ..... 1A-18, 12-10, 12-19,

..........12-28, 12-30, 12-31,

......................12-32, 12-33§ 17(c) .......12-21, 12-22, 12-51§ 17(d) ............1-24, 2-19, 8-26,

............12-3, 12-13, 12-31,

..........12-32, 12-33, 12-34,

..........12-36, 12-39, 12-42,

..........12-46, 12-47, 12-48,

..........12-50, 12-51, 12-52,

...........14-13, 32-48, 44-21§ 17(e) ............1-24, 8-26, 12-3,

..........12-32, 12-34, 12-52,

..........12-53, 12-54, 12-55,

..........12-56, 12-57, 12-61,

......................12-62, 14-13§ 17(e)(1) .............12-52, 12-53,

...........12-54, 12-58, 12-59

§ 17(e)(2)................. 1-24, 8-28,......................... 9-9, 12-59

§ 17(f) ............ 2-20, 10-2, 10-5, ....................... 10-8, 40-11

§ 17(f)(1) ......................... 12-52§ 17(f)(6) ......................... 12-52§ 17(h) ..................... 2-5, 14-32§ 17(i) ......... 6-25, 20-29, 42-12§ 17(j) ................. 12-60, 12-65,

............. 12-66, 13-2, 13-3,

.............14-15, App. 44B-1§ 17j .................... 13-14, 13-15§ 17(j)(1) .................App. 44B-1§ 17(j)(2) .................App. 44B-1§ 17(j)(3)(A)–(B).......App. 44B-1§ 17(j)(3)(C) ............App. 44B-2§ 17(j)(3)(D) ............App. 44B-2§ 17(j)(4) .................App. 44B-3§ 17(k) ....................App. 44B-4§ 18 ............1-26, 3-3, 3-4, 3-8,

............... 3-12, 3-13, 3-21,

............... 8-13, 8-14, 8-26,

.............. 8A-8, 8A-9, 20-2,

.........20-33, 31A-8, 33-16,

........... 33-24, 33-26, 34-8,

......................... 35-8, 35-9§ 18(2) .............................. 15-4§ 18(a)......... 8-14, 12-50, 33-26§ 18(a)–(e) ................ 3-23, 15-4§ 18(a)(1).................. 8-14, 15-4§ 18(a)(2)(C)...................... 15-4§ 18(a)(2)(D)...................... 15-5§ 18(c) .......... 3-24, 8-14, 12-22,

.......... 12-34, 33-25, 33-26§ 18(d) ......... 3-21, 3-22, 33-10,

..................... 33-16, 33-26§ 18(e)............................... 3-24§ 18(f) .............. 1-26, 3-9, 3-20,

......................... 8-13, 8-14§ 18(f)(1) ..................... 3-5, 3-6,

.............. 3-17, App. 20A-6§ 18(f)(2) ....... 3-14, App. 20A-6§ 18(g).......1-26, 3-6, 3-7, 3-17,

............8A-9, 33-25, 33-26§ 18(h) ................................ 3-6

T–48



§ 18(i)........................3-4, 3-16, .........................3-17, 15-2,...............App. 20A-6, 32-5

§ 20 ........................15-8, 27-43§ 20(a) .............................12-17§ 21(b) ..................12-14, 12-15§ 22 ......... 16-19, 16-20, 31A-8,

.......................34-8, 43-44,

............. 43-45, App. 44B-5§ 22(b) ..............1-5, 1-27, 8-20,

......................12-14, 20-19§ 22(c) ....................16-2, 20-23§ 22(d) .................12-13, 20-25,

.....................20-26, 20-27,

.............. App. 20A-9, 35-9,

......................35-10, 35-16§ 22(e) ............1-26, 8-32, 16-3,

............16-18, 16-19, 17-9,

..........21-17, 32-19, 32-42,

...............33-5, 33-6, 35-10§ 22(e)(1) .........................16-18§ 22(e)(3) .........................16-19§ 22(g) .............................14-26§ 23 ......................33-10, 33-24§ 23(a) .............................33-15§ 23(b) .............................33-15§ 23(c) ..................12-21, 31-20§ 23(c)(1) ..............33-20, 33-21§ 23(c)(2) .............33-18, 33-20,

.................................33-21§ 23(c)(3) .........................33-20§ 24(b) .................19-16, 19-30,

..........19-48, 19-49, 19-50,

........................20-14, 32-8§ 24(f)................................20-5§ 24(f)(1)..............................4-3§ 24(f)(2)..............................4-4§ 26 ...................................8-19§ 26(a)(2)(c) .....................35-10§ 26(f)..............................43-44§ 27(i)..............................43-44§ 30 ..............31-6, 31-7, 31-12,

...........33-14, 33-17, 43-45§ 30(e) .................. 5-1, 5-2, 5-3§ 30(f)..................................5-2

§ 30(g)...................... 5-5, 31-12§ 30(h) ................. 33-14, 38-33§ 31................................... 24-6§ 31(a)..................... 24-2, 24-6,

........................ 25-3, 31-11§ 31(b)........... 24-6, 25-3, 32-53§ 31(b)(3) ................. 24-6, 25-4§ 31(c) .................... 24-6, 25-22§ 32(a)..................... 3-15, 15-6,

...................... 38-21, 38-34§ 32(a)(1)......................... 31-13§ 32(a)(2)......................... 31-13§ 32(a)(4)......................... 31-12§ 32(c) ............................... 25-3§ 34(a).................. 12-17, 43-44§ 34(b).................. 43-45, 44-17§ 35(d)............. 2-11, 8-35, 8-36§ 36............. 1A-11, 2-16, 2-18,

............ 12-34, 20-30, 43-9,

..................... 43-10, 43-11,

...................... 43-44, 44-65§ 36(a)................ 2A-12, 2A-13,

............ 12-34, 14-4, 20-32,

............ 20-33, App. 20A-3,

.............. 21-8, 22-5, 22-14,

.......... 22-17, 22-20, 43-39,

...................... 43-44, 43-45§ 36(a)(1)......................... 43-39§ 36(a)(2)......................... 43-39§ 36(b)..............1-5, 1-24, 1B-7,

........... 1B-21, 2-16, 2A-11,

.........6-2, 6-27, 6-28, 6-29,

.........6-30, 6-32, 6-33, 7-1,

........7-3, 7-4, 7-5, 7-6, 7-7,

.........7-8, 7-10, 7-11, 14-7,

..................... 20-16, 20-32,

.............. App. 20A-3, 21-8,

............ 22-5, 22-14, 22-16,

........22-17, 22-18, 31A-11,

.......... 34-11, 42-13, 42-16,

............ 42-17, 43-9, 43-10,

.......... 43-11, 43-14, 43-15,

.......... 43-17, 43-18, 43-19,

.......... 43-20, 43-21, 43-22,

.......... 43-23, 43-24, 43-25,




..........43-26, 43-27, 43-28,

..........43-29, 43-30, 43-31,

..........43-32, 43-33, 43-34,

..........43-35, 43-36, 43-37,

..........43-38, 43-39, 43-40,

.....................43-41, 43-42,

......................43-43, 44-16§ 36(b)(2) ..............22-17, 43-19§ 36(b)(3) .............43-39, 43-40,

.................................43-42§ 36(b)(4) .........................43-29§ 36(c) ...............................43-9§ 37 .................................12-17§ 38(c) ...........4-13, 12-4, 12-28§ 42 ........................25-3, 43-44

§ 42(b)............................... 1-30§ 42(d) .............................. 1-30§ 47(b)......... 12-4, 43-45, 43-47§ 48(a)................. 12-18, 12-19,

..................... 27-43, 43-45§ 49 ....................... 1-30, 25-14§ 55 ................................ 44-98§ 55–65................ 33-13, 44-98§ 55(a)............................. 44-98§ 55(a)(1)–(6)................... 44-98§ 55(a)(1)–(7)................... 44-98§ 57 .................................. 8-26§ 57(a)(1)........................... 8-28§ 57(a)(2)........................... 8-28§ 60 .................................. 8-26

Investment Company Act Releases

167, Opinion of the General Counsel Relating toSections 8(b)(1) and 13(a) (July 23, 1941) ............................ 8-8

178 (Aug. 6, 1941).................................................................... 8-10179 (Aug. 6, 1941).................................................................... 8-12214 (Sept. 15, 1941) ................................................................. 12-5858 (Feb. 8, 1946) .................................................................. 12-331165, In the Matter of The Solvay American Corp.

(Apr. 13, 1948) .................................................................... 3-51217, Stein Roe & Farnham, Inc. (1990) ................................ 12-531446 (Sept. 30, 1994) ............................................................. 12-651900, Trusteed Funds, Inc. (Sept. 8, 1953)................................ 6-171904, Trusteed Funds, Inc. (Sept. 16, 1953).............................. 6-172446, In the Matter of Alleghany Corp. (Nov. 30, 1956) ........... 3-222826, E.I. du Pont de Nemours & Co.

(Feb. 9, 1959) ....................................................... 12-14, 12-203187 (Feb. 6, 1961) ................................................................ 33-163361 (Nov. 17, 1961).............................................................. 12-223542, Statement of the Commission Advising All Registered

Investment Companies to Divest Themselves of Interest and Securities Acquired in Contravention of the Provisions of Section 12(d)(3) of the Investment Company Act of 1940 Within a Reasonable Period of Time (Sept. 21, 1962) ........ 8-29

4044, Adoption of Rule 12d-1 to Provide Conditional Exemption of Certain Purchases or Acquisitions of Securities from the Prohibitions of Section 12(d)(3) of the Investment Company Act of 1940 (Sept. 4, 1964)......................... 8-3, 8-31

T–50



4199, In re Canada Gen. Fund, Inc. (Mar. 25, 1965)............... 16-204604 (May 20, 1966) .............................................................. 12-244989, Great American Ins. Co. (June 13, 1967) ...................... 12-205128, Notice of Proposal to Adopt a Revision of

Rule 17d-1 Requiring Applications for Transactions inWhich Investment Companies Participate withAffiliated Persons (1967) ................................................. 12-36

5175, Scripps-Howard Investment Co. (Nov. 27, 1967) .......... 12-205214 (Dec. 27, 1967).............................................................. 12-295458, Pittway Corp. (Aug. 8, 1968)......................................... 12-225519, Adoption of Rule 22c-1 Under the Investment Company

Act of 1940 Prescribing the Time of Pricing Redeemable Securities for Distribution, Redemption, and Repurchase (Oct. 16, 1968)......................................................... 16-3, 44-9

5569, SEC Staff Interpretive Positions Relating to Rule 22c-1 (Dec. 27, 1968) ............................................. 16-4, 16-6, 44-11

5626, Financial Venture Fund (Mar. 7, 1969)............................ 3-225847, SEC Accounting Rules (Oct. 21, 1969).......... 8-33, 8-34, 16-75874 (1969)............................................................................ 12-415953, Talley Industries, Inc. (Jan. 9, 1970) ............................. 12-205971, Notice of Order, Ivy Fund (Feb. 6, 1970) ......................... 12-36012, E.I. du Pont de Nemours & Co.

(Mar. 25, 1970) .................................................... 12-14, 12-206295, SEC Accounting Rules (Dec. 23, 1970) ........................... 16-76394, Chamberlain Mfg. Corp. (Mar. 22, 1971) ...................... 12-206526, E. I. du Pont de Nemours & Co. (May 17, 1971) .......... 12-206561, Adoption of Rule 18f-1 Under the Investment Company

Act of 1940 (June 14, 1971) .............................................. 3-226998, Notice of Proposal to Adopt Rule 18f-2 Under the

Investment Company Act of 1940 to Insure Fair and Equitable Treatment of Shareholders of Investment Companies of the Series Type (Feb. 17, 1972)........... 3-14, 3-15

7025 (Feb. 29, 1972)............................................................... 12-497035 (Mar. 9, 1972)................................................................ 12-457113 (Apr. 6, 1972) .................................................................. 7-127217, Volt Information Sciences (June 6, 1972) ...................... 12-287221, Guidelines for the Preparation of Form N-8B-1

(June 9, 1972) ..............................................................8-7, 8-87276, Adoption of Rule 18f-2 Under the Investment

Company Act to Insure Fair and Equitable Treatment of Shareholders of Investment Companies of the Series Type (Aug. 8, 1972) ........................................... 3-15

7721 (June 9, 1972) .................................................................. 10-28245 (Feb. 25, 1974)............................................................... 12-518489, In re Sagittarius Fund, Inc. (Sept. 9, 1974) .................... 16-19




8543, In re Sagittarius Fund, Inc. (Oct. 17, 1974) ................... 16-199011, Statements of Investment Policies of Money Market Funds

Relating to Industry Concentration (Oct. 30, 1975)...........................................8-5, 8-7, 8-8, 32-57

9170 (Feb. 19, 1976)............................................................... 12-459748, In re G.T. PacificFund, Inc. (May 3, 1977) .................... 16-209785 (May 31, 1977) .............................................................. 32-329786 (May 31, 1977) ....................................................... 32-4, 32-79830, In the Matter of Steadman Security Corp.

(June 29, 1977) ............................................................... 12-459915 (Aug. 15, 1977)................................................... 20-15, 20-299992, In re Scudder Cash Investment Trust (Nov. 7, 1977)....... 32-310,162 (Mar. 20, 1978)........................................................... 12-6010,378, Investment Company Registration and Report Forms

and Reporting Requirements (Aug. 28, 1978) .................... 8-3310,605 (Feb. 27, 1979)............................................................ 12-5910,666, Securities Trading Practices of Registered

Investment Companies; General Statement of Policy(Apr. 18, 1979) .......................... 3-7, 3-8, 3-9, 3-13, 3-14, 8A-9

10,809 (Aug. 6, 1979) ...................................................... 6-21, 6-2410,822 (Aug. 8, 1979)............................................................. 12-5110,824, In re Intercapital Liquid Asset Fund, Inc. et al.

(Aug. 8, 1979) ................................................................... 32-410,828 (Aug. 13, 1979) ........................................................... 12-2311,005 (Jan. 2, 1980)................................................................ 6-2111,330 (Sept. 4, 1980) ................................................... 6-25, 42-1211,391, Proposal to Adopt Rule 3a-4 Under the 1940 Act

(Oct. 10, 1980)................................................................ 12-4411,414, Bearing of Distribution Expenses by Mutual Funds

(Oct. 28, 1980).................... 20-15, 20-30, 20-31, 22-14, 44-1911,421 (Oct. 31, 1980) ........................................................... 12-6011,662, Order Approving Proposed Rule Change and Related

Interpretation Under Section 36 of the Investment Company Act (Mar. 4, 1981) ........................................... 44-65

11,676 (Mar. 10, 1981)................................................ 12-24, 12-2511,816, Precious Metals Holdings, Inc. (June 13, 1981).......... 12-4911,857, Precious Metals Holdings, Inc. (July 10, 1981)........... 12-4911,975, In re Heart of Am. Inv. Servs. (Oct. 6, 1981).............. 44-3312,206 (Jan. 29, 1982)................................................... 32-7, 32-1913,005, Securities Trading Practices of Registered

Investment Companies (Feb. 2, 1983) ........... 8-29, 8-31, 32-3513,131 (Mar. 31, 1983)........................................................... 12-6113,183 (Apr. 22, 1983) ........................................................... 20-2613,183 (Dec. 11, 2003)........................................................... 20-2513,380 (July 11, 1983) ................................................... 32-7, 32-40

T–52



13,436, Guide 19 to Form N-1A (Aug. 12, 1983) ............. 4-8, 32-5714,036 (Aug. 20, 1984) ............................................................. 8-3114,153, Vanguard Special Tax-Advantaged Retirement Fund, Inc.

(Sept. 12, 1984)................................................................. 8-2114,361, Vanguard Special Tax-Advantaged Retirement Fund, Inc.,

et al. (Feb. 7, 1985) .................................................. 8-20, 8-2114,390 (Feb. 22, 1985)............................................................ 20-2614,505, Daily Income Fund, Inc. and Reich & Tang, Inc.

(May 6, 1985) ................................................................. 12-4914,555, Daily Income Fund, Inc. and Reich & Tang, Inc.

(June 4, 1985) ................................................................. 12-4914,983, Acquisition and Valuation of Certain Portfolio

Instruments by Registered Investment Companies(Mar. 12, 1986) ........................................................ 1-25, 8-34

16,245 (Feb. 2, 1988)....................................................... 19-8, 19-916,431 (June 21, 1988) ........................................................... 37-2116,846, In re The OTC-100 Fund, Inc. (Mar. 3, 1989) ........... 16-1916,866, In re The OTC-100 Fund, Inc. (Mar. 15, 1989).......... 16-1917,452, Changes to Method of Determining Holding Period of

Restricted Securities Under Rules 144 and 145 (Apr. 23, 1990) ................................................................ 32-40

17,568, Prudential Insurance Company of America (July 3, 1990) .................................................................. 12-49

17,644, Prudential Insurance Company of America (Aug. 2, 1990) ................................................................. 12-49

17,809 (Oct. 19, 1990) ............................................................. 35-718,005, Revisions to Rules Regulating Money Market Funds

(Feb. 20, 1991) ................................................................ 32-3518,381 (Nov. 4, 1991)............................................................... 8-2818,612, Revision of Guidelines to Form N-1A

(Mar. 12, 1992) ........................................................ 8-33, 8-3418,637, Putnam Adjustable Rate U.S. Government Fund, et al.

(Mar. 30, 1992) ................................................................. 3-1618,638, Pacific Horizon Funds, Inc. (Mar. 31, 1992) ................. 6-2318,650, Colonial Advanced Strategies Gold Trust, et al.

(Apr. 10, 1992) .................................................................. 3-1618,676, Putnam Adjustable Rate U.S. Government Fund, et al.

(Apr. 24, 1992) .................................................................. 3-1618,677, Pacific Horizon Funds, Inc. (Apr. 27, 1992) .................. 6-2318,692, Colonial Advanced Strategies Gold Trust, et al.

(May 6, 1992) ................................................................... 3-1618,869, Periodic Repurchases by Closed-End

Management Investment Companies(July 28, 1992) ................................. 16-18, 33-6, 33-19, 33-20

19,055 (Oct. 26, 1992) ............................................................. 35-7




19,382 (Apr. 6, 1993) ............................................................... 4-3419,399 (Apr. 7, 1993) ............................................................. 33-2219,716 (Oct. 25, 1993) ............................................................. 8-3019,755, Lloyd Blonder (Sept. 30, 1993) ................................... 16-1719,840, In re William P. Hartl & Eric P. Lipman

(Nov. 8, 1993) ...................................................... 16-16, 16-1719,955, Exemption for Open-End Management Investment

Companies Issuing Multiple Classes of Shares (Dec. 15, 1993) ............................................... 3-15, 3-16, 3-17

20,644, Sequoia Partners, L.P. (Oct. 20, 1994) ........................ 12-4920,915, Adoption of Rule 18f-3 Under the Investment

Company Act of 1940 and Related DisclosureRequirements (Feb. 23, 1995)............................................ 3-16

20,916 (Feb. 23, 1995)............................................................ 20-1821,108, Frank Russell Investment Co., et al.

(June 8, 1995) ................................................................... 42-721,113, Kemper Financial Services, Inc. (June 6, 1995)........... 12-4621,260 (July 27, 1995) ............................................................ 12-6421,399 (Oct. 6, 1995) ............................................................... 4-3721,501, Fortis Advantage Portfolios, Inc. (Nov. 13, 1995) ....... 12-2822,579 (Mar. 24, 1997)........................................................... 12-4421,837 (Mar. 21, 1996)........12-27, 32-4, 32-5, 32-16, 32-18, 32-3121,945 (May 9, 1996) ............................................................... 4-3722,202 (Sept. 9, 1996) ................................................. 20-18, 20-2122,530 (Feb. 27, 1997)................................................................ 4-822,616 Merrill Lynch Asset Mgmt., L.P. (Apr. 14, 1997) ......... 42-2022,775 (July 31, 1997) ................................................................ 9-422,805, Mitchell Hutchins Asset Management, Inc.

(Sept. 2, 1997)................................................................. 16-1622,921 (Dec. 2, 1997).................................................... 32-4, 32-3922,927, In the Matter of Diamonds Trust et al.

(Dec. 5, 1997) ................................................................. 35-1122,979, In the Matter of Diamonds Trust et al.

(Dec. 30, 1997) ............................................................... 35-1123,048, In the Matter of Monetta Financial Services, Inc. et al.

(May 8, 1998) ................................................................... 14-523,064 (June 1, 1998) ................................................................. 4-423,064, Registration Form Used by Open-End

Management Investment Companies(Mar. 13, 1998) .............................4-8, 4-13, 4-22, 8-33, 32-57

23,071 (Mar. 23, 1998)........................................................... 34-1623,229, In the Matter of Rockies Fund, Inc., et al.

(June 1, 1998) ................................................................... 14-523,433, In the Matter of Emerging Markets Growth Fund, Inc.

(Sept. 11, 1998)................................................................. 33-6

T–54



23,481, In the Matter of Emerging Markets Growth Fund, Inc. (Oct. 7, 1998).................................................................... 33-6

23,838, In the Matter of American Advantage Funds, et al. (May 14, 1999).................................................................. 8-24

23,918, Smith Breeden Trust, et al. (July 21, 1999) ......... 8-23, 8-2423,947, Smith Breeden Trust, et al. (Aug. 17, 1999) ................. 8-2323,952, In re Michael P. Traba (Aug. 19, 1999) ......................... 32-923,958 (Aug. 20, 1999) .....................12-64, 12-65, 13-4, 13-8, 13-924,054 Endeavor Series Trust Order (Oct. 1, 1999) ................... 42-724,067, Schwab Capital Trust, et al. (Oct. 1, 1999).......... 8-23, 8-2424,083, Interpretative Matters Concerning Independent

Directors of Investment Companies (Oct. 14, 1999)..................................................... 14-19, 43-20

24,113, Schwab Capital Trust, et al. (Oct. 27, 1999)................. 8-2424,424 (Apr. 27, 2000)............................................................ 10-1424,426 (Apr. 28, 2000).............................................................. 4-3724,504, In the Matter of UAM Funds, Inc., et al.

(June 20, 2000) ................................................................. 8-2424,631, In the Matter of State Street Bank and Trust Company,

et al. (Sept. 1, 2000) .......................................................... 35-824,666, In the Matter of State Street Bank and Trust Company,

et al. (Sept. 25, 2000) ........................................................ 35-824,680, Vanguard Index Trust et al. (Oct. 6, 2000)......... 35-9, 35-1024,744, Final Rule: Revision of the Commission’s Auditor

Independence Requirements (Nov. 21, 2000)................... 38-1624,789, Vanguard Index Trust et al. (Dec. 12, 2000) ...... 35-9, 35-1024,805, In the Matter of Scudder Weisel Capital

Entrepreneurs Fund, et al. (Dec. 27, 2000) ...................... 33-1624,816, Role of Independent Directors of Investment

Companies (Jan. 2, 2001) ......................6-12, 7-2, 14-3, 14-19,................................................................. 14-22, 14-30, 44-21

24,828, Investment Company Names (Jan. 17, 2001) ...8-35, 8A-1524,828, Investment Company Names (Mar. 31, 2001) ............. 2-1324,828, Investment Company Names (Aug. 18, 2001) .... 1-26, 2-1224,833, In the Matter of Scudder Weisel Capital

Entrepreneurs Fund, et al. (Jan. 19, 2001) ....................... 33-1624,881, In the Matter of ING Pilgrim Investments, et al.

(Feb. 28, 2001) ................................................................ 33-1624,890 (Mar. 31, 2001)............................................................. 24-424,916, In the Matter of ING Pilgrim Investments, et al.

(Mar. 27, 2001) ............................................................... 33-1624,991 (May 24, 2001) ............................................................. 24-425,058 (July 5, 2001) ................................................... 32-18, 32-3425,156 (Sept. 14, 2001) .......................................................... 12-3225,165 (Sept. 21, 2001) .......................................................... 12-32




25,258, Actively Managed Exchange Traded Funds (Nov. 15, 2001) ...............................................................1A-17

25,523, ND Capital Management, Inc. (Apr. 17, 2002) .......... 12-6625,560 (Apr. 30, 2002) ............................................................... 9-525,655, The Phoenix Edge Series Fund, et al.

(July 10, 2002) .................................................................. 6-1925,666 (July 18, 2002) ................................................. 12-24, 12-2525,693, The Phoenix Edge Series Fund, et al. (Aug. 6, 2002)..... 6-1925,716, USAllianz Variable Insurance Products Trust and

USAllianz Advisers, LLC (Aug. 22, 2002) .......................... 6-1925,720, Ownership Reports and Trading by Officers,

Directors and Principal Security Holders(Aug. 27, 2002) ............................................................... 38-33

25,722, Certification of Disclosure in Companies’ Quarterlyand Annual Reports (Aug. 28, 2002)................................1A-20

25,734, USAllianz Variable Insurance Products Trust and USAllianz Advisers, LLC (Sept. 17, 2002) ......................... 6-19

25,739 (Sept. 20, 2002) ................................................... 11-2, 11-425,794, Federated Index Trust, et al. (Nov. 6, 2002).................. 6-1925,798, In the Matter of Gintel Asset Management, Inc., et al.,

(Nov. 8, 2002) ................................................................. 12-2525,805, AB Funds Trust and SBC Financial Services, Inc.

(Nov. 19, 2002) ................................................................. 6-1925,829, Proposed Rule: Implementation of Standards of

Professional Conduct for Attorneys (Nov. 21, 2002) ........ 38-3025,841, Federated Index Trust, et al. (Dec. 3, 2002).................. 6-1925,846, The Hartford Series Fund, Inc. (Dec. 19, 2002)............ 6-2325,848, AB Funds Trust and SBC Financial Services, Inc.

(Dec. 17, 2002) ................................................................. 6-1925,883, The Hartford Series Fund, Inc. (Jan. 7, 2003)............... 6-2325,888 (Jan. 14, 2003)................................. 8-31, 9-2, 12-24, 12-2825,888, Transactions of Investment Companies with Portfolio

and Subadviser Affiliates(Feb. 24, 2003) .................... 42-17, 42-19, 42-20, 42-21, 42-24

25,911, Retention of Records Relevant to Audits and Reviews(Jan. 24, 2003) ................................................................ 38-28

25,915, Strengthening the Commission’s RequirementsRegarding Auditor Independence (Jan. 28, 2003) ............. 38-14

25,922 (Jan. 31, 2003)..........................6-14, 11-2, 11-3, 11-4, 11-625,934 (Feb. 13, 2003).............................................................. 10-525,968, SAFECO Common Stock Trust and SAFECO Asset

Management Co. (Mar. 21, 2003)...................................... 6-1925,969, iShares Trust, et al. (Mar. 21, 2003) ............................. 8-2426,001, Standards Relating to Listed Company Audit

Committees (Apr. 9, 2003) .............................................. 38-33

T–56



26,006, iShares Trust, et al. (Apr. 15, 2003).............................. 8-2426,007, SAFECO Common Stock Trust and SAFECO Asset

Management Co. (Apr. 16, 2003) ...................................... 6-1926,050, Improper Influence on Conduct of Audits

(May 20, 2003)................................................................ 38-2926,068, Final Rule: Management’s Reports on Internal Control

Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports (June 5, 2003)................ 38-7

26,091, John Hancock Variable Series Trust I and John Hancock Life Insurance Company(June 30, 2003) ................................................................. 6-19

26,140, John Hancock Variable Series Trust I and John HancockLife Insurance Company (July 28, 2003) ........................... 6-19

26,165, In the Matter of Terence Michael Coxon,Alan Michael Sergy, and World Money Managers(Aug. 21, 2003) ............................................................... 12-32

26,230 (Oct. 29, 2003) ............................................................. 6-2026,230, Exemption from Shareholder Approval for Certain

Subadvisory Contracts (Oct. 23, 2003) .............................. 42-526,232, Putnam Investment Management LLC

(Oct. 29, 2003)................................................................ 12-6626,255, Putnam Inv. Mgmt., LLC (Nov. 13, 2003)..................1A-2126,262, Disclosure Regarding Nominating Committee

Functions and Communications Between Security Holdersand Boards of Directors (Nov. 24, 2003) .......................... 38-32

26,287, Disclosure Regarding Market Timing andSelective Disclosure of Portfolio Holdings (Dec. 11, 2003) .................................................... 21-17, 44-13

26,288, Amendments to Rules Governing Pricing of Mutual Fund Shares (Dec. 11, 2003) ..........1B-49, 16-5, 20-24,...................................................... 21-15, 44-10, 44-11, 44-12

26,288, Amendments to Rules Governing Pricing of Mutual Fund Shares (Dec. 17, 2003) ............................... 44-57

26,290 (Dec. 11, 2003)............................................................. 18-726,299, Compliance Programs of Investment Companies and

Investment Advisers (Dec. 17, 2003)......... 1A-21, 1B-54, 16-9,...........................16-10, 18-3, 25-16, 26-2, 28-2, 42-24, 42-28

26,312, Alliance Capital Mgmt. LP (Dec. 18, 2003)................1A-2126,323, Investment Company Governance

(Jan. 16, 2004) .......................................... 44-22, 44-32, 44-3326,341, Confirmation Requirements and Point of Sale Disclosure

Requirements for Transactions in Certain Mutual Funds and Other Securities, and Other Confirmation Requirement Amendments, and Amendments to the Registration Formfor Mutual Funds (Feb. 10, 2004) .................................... 44-67




26,356, Prohibition on the Use of Brokerage Commissions to Finance Distributions (Feb. 24, 2004) ................ 20-7, 44-20

26,372, Shareholder Reports and Quarterly Portfolio Disclosure of Registered Management Investment Companies(Feb. 27, 2004) ....................................................... 32-59, 38-7

26,375A (Mar. 5, 2004) ............................................................ 17-226,418, Disclosure Regarding Market Timing and

Selective Disclosure of Portfolio Holdings(Apr. 16, 2004) ............................................ 16-9, 16-10, 44-59

26,464, Disclosure of Breakpoint Discounts by Mutual Funds(June 14, 2004) ............................................................... 44-83

26,486, Disclosure Regarding Approval of Investment Advisory Contracts by Directors of Investment Companies (June 23, 2004) .................................... 15-8, 42-26

26,486, Disclosure Regarding Approval of Investment Advisory Contracts by Directors of Investment Companies (June 30, 2004) ......................6-30, 7-2, 7-9, 44-84

26,489, Wells Fargo Funds Trust (June 29, 2004) ...................... 6-2326,492 (July 2, 2004)................................................................ 13-426,519, Wells Fargo Funds Trust (July 23, 2004) ....................... 6-2326,520, Investment Company Governance

(July 27, 2004) ....................6-12, 6-13, 6-33, 7-2, 7-11, 38-41,................................ 44-22, 44-23, 44-24, 44-30, 44-32, 44-33

26,520, Investment Company Governance(Aug. 2, 2004) ..................................................................... 2-6

26,532, Janus Capital Mgmt. LLC (Aug. 18, 2004) .................1A-2126,533, Disclosure Regarding Portfolio Managers of

Registered Management Investment Companies(Aug. 23, 2004) ............................................................... 44-86

26,570.............................................................. 14-21, 14-23, 14-2726,581, Robert S. Colman (Aug. 30, 2004) ............................. 12-6626,591, Prohibition on the Use of Brokerage Commissions

(Sept. 2, 2004)........................................... 23-32, 44-19, 44-6526,629, Invesco Funds Group Inc. (Oct. 8, 2004) ...................1A-2026,778, Point of Sale Disclosure Requirements and

Confirmation Requirements for Transactionsin Mutual Funds, College Savings Plans,and Certain Other Securities, and Amendmentsto the Registration Form for Mutual Funds(Feb. 28, 2005) ................................................................ 44-67

26,782, Mutual Fund Redemption Fees (Mar. 11, 2005) ................................ 16-20, 17-2, 21-17, 44-52

26,985, Commission Response to Remand by Court of Appeals (June 30, 2005) .............................................. 44-25

T–58



27,057, In the Matter of U.S. Bank National Association(Sept. 2, 2005)................................................................... 12-3

27,255, Mutual Fund Redemption Fees(Feb. 28, 2006) ....................................................... 17-3, 44-54

27,299, Final Rule: Fund of Funds Investments (June 20, 2006) ................................................................. 2-11

27,395, Investment Company Governance (June 13, 2006) ...................................................... 6-12, 44-27

27,395, Investment Company Governance (June 19, 2006) ................................................................... 2-7

27,399 (June 20, 2006) ........................................................... 32-3727,481, In the Matter of James A. Casselberry, Jr.

(Sept. 14, 2006)............................................................... 12-1427,497, In re Monson (Sept. 25, 2006) ........................ App. 44A-1227,504, Mutual Fund Redemption Fees

(Sept. 27, 2006).........1B-50, 16-20, 17-3, 21-17, 44-54, 44-5627,600, Investment Company Governance

(Dec. 15, 2006) ............................................................... 44-2727,600, Investment Company Governance

(Dec. 21, 2006) ................................................................... 2-728,022, Geoffrey Brod (Oct. 24, 2007) .................................... 12-6628,064 (Nov. 30, 2007)............................................................... 4-828,140, PowerShares Capital Mgmt. LLC,

Notice of Application (Feb. 1, 2008) ................................1A-1828,141, In re Mauriello (Feb. 5, 2008) ......................... App. 44A-1528,143, Bear Stearns Asset Mgmt. Inc.,

Notice of Application (Feb. 5, 2008) ................................1A-1728,144, Pioneer Bond Fund, et al. (Feb. 5, 2008)..................... 32-5028,146, Barclays Global Fund Advisors,

Notice of Application (Feb. 6, 2008) ................................1A-1828,147, WisdomTree Trust,

Notice of Application (Feb. 6, 2008) ................................1A-1828,171, In the Matter of PowerShares Capital Management LLC,

et al. (Feb. 27, 2008) .................................. 31A-4, 34-4, 35-1628,171, PowerShares Capital Mgmt. LLC, Order Under

Sections 6(c), 12(d)(1)(J) and 17(b) of the Investment Company Act of 1940 (Feb. 27, 2008) .............................1A-18

28,172, Bear Stearns Asset Mgmt. Inc., Order Under Sections 6(c), 12(d)(1)(J) and 17(b) of the Investment Company Act of 1940 (Feb. 27, 2008) .............................1A-18

28,173, Investment Company Act 1940 (Feb. 27, 2008) .........1A-1828,174, WisdomTree Trust, Order Under Sections 6(c), 12(d)(1)(J)

and 17(b) of the Investment Company Act of 1940 (Feb. 27, 2008) ................................................................1A-18




28,185, Fidelity Management & Research Co. & FMR Co., Inc. (Mar. 5, 2008) ................................................................. 12-58

28,193, Exchange-Traded Funds (Mar. 11, 2008) ................................. 8-25, 31A-8, 34-8, 35-18

28,193, Exchange-Traded Funds (Mar. 18, 2008).....................1A-1828,251, In re Pritchard Capital Partners, LLC

(Apr. 23, 2008) ..................................................... App. 44A-1328,253, In re Gabelli Funds, LLC (Apr. 24, 2008) .......... App. 44A-728,323, In re Monson (June 30, 2008) ......................... App. 44A-1228,327 (July 1, 2008).............................................................. 32-2528,330A, In re Sassano (July 11, 2008) .......................... App. 44A-328,331, PIMCO Funds, et al. (July 17, 2008) ............................ 8-2528,333, In re Sassano (July 18, 2008) ............................ App. 44A-328,355, Advanced Series Trust, et al. (Aug. 8, 2008) ................. 8-2528,356, PIMCO Funds, et al. (Aug. 12, 2008) ........................... 8-2528,374, Advanced Series Trust, et al. (Sept. 3, 2008)................. 8-2528,386, In re The Reserve Fund (Sept. 22, 2008) .................... 32-6628,388, Morgan Stanley Series Funds, et al. (Sept. 23, 2008) .... 8-2528,405, Delaware Management Business Trust, et al.

(Sept. 24, 2008)................................................................. 8-2528,407, Aberdeen Asset Management Inc., et al.

(Sept. 25, 2008)................................................................. 8-2528,443, Aberdeen Asset Management Inc., et al.

(Oct. 21, 2008).................................................................. 8-2528,444, Morgan Stanley Series Funds, et al.

(Oct. 21, 2008).................................................................. 8-2528,465, The Reserve Fund (Oct. 24, 2008) ............................. 32-6628,466, Reserve Municipal Money-Market Trust et al.

(Oct. 24, 2008)................................................................ 32-6628,534, Scott DeSano (Dec. 11, 2008) .................................... 12-5828,584 (Jan. 13, 2009)....................................................... 4-8, 4-3828,601, In re Michael K. Brugman................................. App. 44A-928,609 (Jan. 30, 2009)................................................................ 5-528,683, First American Strategy Funds, Inc., et al.

(Mar. 31, 2009) ................................................................. 8-2528,715, First American Strategy Funds, Inc., et al.

(Apr. 28, 2009) .................................................................. 8-2528,752, Pacific Investment Management Company LLC

and PIMCO ETF Trust (June 1, 2009) ......... 35-8, 35-10, 35-1828,759, In re Evergreen Investment Management, LLC and

Evergreen Investment Services, Inc. (June 8, 2009).......... 16-1528,807, Money Market Fund Reform

(June 30, 2009) .................... 32-4, 32-15, 32-23, 32-25, 32-28,................................................................. 32-45, 32-67, 32-73

28,842 (Aug. 4, 2009)................................................................. 1-6

T–60



28,896, Columbia Funds Series Trust, et al. (Sept. 4, 2009) ...... 8-2528,903, Disclosure of Certain Money Market Fund Portfolio

Holdings (Sept. 18, 2009)................................................ 32-6028,936, Columbia Funds Series Trust, et al.

(Sept. 30, 2009)................................................................. 8-2528,939 (Oct. 5, 2009) ................................................................. 9-329,132, Money Market Fund Reform

(Feb. 23, 2010) ....................... 32-4, 32-5, 32-10, 32-11, 32-12,.......................................... 32-14, 32-15, 32-16, 32-17, 32-25,............................... 32-26, 32-30, 32-35, 32-41, 32-42, 32-44,................................ 32-45, 32-52, 32-56, 32-60, 32-63, 32-67

29,132, Money Market Fund Reform (Mar. 4, 2010) ...............1A-2429,367, Mutual Fund Distribution Fees, Confirmations

(July 21, 2010) ...........1A-24, 1B-22, 1B-39, 20-7, 20-9, 20-15,..................................................... 20-16, 20-20, 20-21, 20-29,................................................................... 20-33, 21-9, 22-19

29,445 Highland Exemptive Orders (Sept. 27, 2010) ................ 42-729,488 Highland Exemptive Orders (Oct. 26, 2010) ................. 42-729,497, President’s Working Group Report on

Money Market Fund Reform (Nov. 3, 2010) .................... 32-6829,522, In the Matter of Charles Schwab Investment

Management et al. (Jan. 11, 2011) .................................... 4-3229,592, References to Credit Ratings in Certain Investment

Company Act Rules and Forms (Mar. 3, 2011) ..... 32-25, 32-2929,592, References to Credit Ratings in Certain Investment

Company Act Rules and Forms (Mar. 9, 2011) ................1A-2829,776, Concept Release and Request for Comments,

Use of Derivatives by Investment Companies under the Investment Company Act of 1940(Aug. 31, 2011) ..........................1-10, 8A-4, 8A-5, 8A-8, 8A-9,................................................................8A-11, 8A-13, 8A-15

30,062, In the Matter of Martin Currie Inc. and Martin CurrieInvestment Management Ltd. (May 10, 2012)................. 12-32




Investment Advisers Act of 1940

generally........ 1-11, 1-30, 1A-2,............ 1A-3, 1A-9, 1A-10,........ 1A-11, 1A-12, 1A-23,............. 1A-27, 2-16, 2-21,........ 4-27, 7-1, 8-29, 8-30,............. 8A-2, 11-3, 11-10,..........12-22, 12-31, 12-42,............13-4, 13-10, 13-11,.......14-3, 19A-15, 19A-34,..............20-6, 24-6, 25-14,..............26-5, 26-11, 27-2,................27-3, 28-2, 36-6,............36-10, 36-64, 37-3,..............38-13, 40-6, 40-7,..........40-19, 40-64, 40-65,..........44-21, 44-90, 44-91,.....................44-93, 44-95,......................44-97, 44-98

§ 202(a)(13) .......................20-6§ 202(a)(22) ..........36-68, 44-98§ 202(a)(25) .....................13-11§ 202(a)(29) .....................36-48§ 203 ....................26-11, 44-92

§ 203(b)(3) .......... 44-91, 44-92,..................... 44-93, 44-94

§ 203(b)(6) ...................... 36-65§ 203(e) ........................... 26-13§ 203(e)(6)..... 27-41, 28-7, 28-9§ 203(f) ............................. 28-7§ 204................... 12-46, 44-94,

........................App. 44B-4§ 204A ................ 13-10, 13-16,

.......... 27-42, 44-39, 44-48§ 205(3) ............................ 7-12§ 205(a)(1).............. 6-16, 44-93§ 205(b)(2) ........................ 2-16§ 206..................... 6-25, 13-15,

..................... 26-11, 44-92§ 206(1) ................ 12-65, 13-9,

..................... 13-14, 44-95§ 206(1)–(2)..................... 44-17§ 206(2) ................ 12-59, 13-9,

..................... 13-14, 37-95§ 206(3) ................. 9-12, 12-65§ 206(4) .... 27-40, 44-95, 44-96

Investment Advisers Act Releases

1092, Applicability of the Investment Advisers Act to Financial Planners, Pension Consultants, and Other Persons Who Provide Investment Advisory Services as a Componentof Other Financial Services (Oct. 8, 1987) ....................... 36-19

1217, In the Matter of Stein Roe & Farnham, Inc. (Jan. 22, 1990) ................................................................ 12-58

1358, In re Stephen C. Schulmerich (Jan. 4, 1993) ................. 25-211387, Kemper Financial Services, Inc. (Oct. 29, 1993) ............ 12-461393, Michael L. Smirlock (Nov. 29, 1993) ............................ 12-461447, Chancellor Capital Management Inc. Parag Saxena

and James A. Long IV (Oct. 18 1994) ................... 12-63, 12-651457, In the Matter of Gabelli & Company, Inc. and

GAMCO Investors, Inc. (Dec. 8, 1994) ........................... 27-421494, In the Matter of Kemper Financial Services, Inc.

(June 6, 1995) ................................................................. 13-15

T–62



1525, Van Kampen American Capital Asset Management, Inc. (Sept. 29, 1995)............................................................... 16-16

1527, In the Matter of Roger W. Honour (Sept. 29, 1995).................................................... 12-66, 13-14

1539, John J. Kaweske (Nov. 24, 1995) ................................... 12-621571, McKenzie Walker Investment Mgmt. (July 16, 1996) .... 12-471605, In the Matter of Ronald V. Speaker and Janus Capital

Management (Jan. 13, 1997) ................................ 12-66, 13-151630, In the Matter of Alliance Capital Mgmt., L.P.

(Apr. 28, 1997) .......................................... 12-66, 13-10, 13-141702, Monetta Financial Services, Inc., Robert S. Bacarella,

William M. Valiant, Paul W. Henry, and Richard D. Russ(Feb. 26, 1998) ................................................................ 12-66

1732 (July 17, 1998) ................................................................. 9-121741, Nicholas-Applegate Capital Management

(Aug. 12, 1998) ............................................................... 12-661819 (Feb. 7, 2011)................................................................. 19-231819 (Sept. 8, 1999) ............................................................... 19-231848, In the Matter of Scudder Kemper Investments Inc. and

Gary Paul Johnson (Dec. 22, 1999) ................................. 27-161849, In the Matter of Michael T. Sullivan, III

(Dec. 22, 1999) ............................................................... 27-161870, Dreyfus Corp. and Michael L. Schonberg

(May 10, 2000)................................................................ 12-661911, Final Rule: Revision of the Commission’s Auditor

Independence Requirements (Nov. 21, 2000)................... 38-161980, Western Asset Management Co. and Legg Mason Fund

Adviser, Inc. (Sept. 28, 2001)............................................. 6-181993, Michael L. Smirlock, (Nov. 29, 1993) ........................... 12-462092, In re Millenium Capital Advisors (Dec. 3, 1992)............. 28-72106 (Jan. 31, 2003)............................................... 11-2, 11-7, 11-82160, In the Matter of Deutsche Asset Management

(Aug. 19, 2003) ............................................. 11-8, 11-9, 11-102185, In re Putnam Inv. Mgmt. LLC

(Oct. 28, 2003)..................................................... App. 44A-142192, In the Matter of Putnam Investment Management LLC

(Nov. 13, 2003) ..............................1A-21, 13-16, App. 44A-142204, Compliance Programs of Investment Companies and

Investment Advisers (Dec. 17, 2003)........1A-21, 26-11, 26-13,......................................................... 26-14, 27-4, 27-8, 27-12,........................................................ 27-18, 27-40, 28-2, 44-34

2205, In re Alliance Capital Mgmt. L.P. (Dec. 18, 2003) ...........................................1A-21, App. 44A-1

2205A, In re Alliance Capital Mgmt., L.P. (Jan. 15, 2004) ....................................................... App. 44A-1




2209, Investment Adviser Codes of Ethics (Jan. 20, 2004) ................................................................ 44-48

2211, In the Matter of Paul Joseph Sheehandba Paul J. Sheehan & Associates (Feb. 3, 2004) .............. 13-16

2213, In re Massachusetts Financial Services Company (Feb. 5, 2004) ....................................................... App. 44A-10

2224, In re Mass. Fin. Serv. Co. (Mar. 31, 2004) ......................................... 44-20, App. 44A-22

2226, In re Putnam Investment Mgmt.(Apr. 8, 2004) ....................................................... App. 44A-14

2239, In the Matter of Strong Capital Management, Inc.(May 20, 2004) ............................................................... 13-16

2251, In re Pilgrim Baxter & Assocs. Ltd. (June 21, 2004) ........................................... 44-6, App. 44A-12

2254, In re Banc One Inv. Advisors Corp.(June 29, 2004) ...................................................... App. 44A-2

2256, Investment Adviser Codes of Ethics (July 2, 2004) ................................ 27-12, 27-34, 27-35, 44-48,...................................................... 44-49, 44-50, 44-51, 44-52

2271, In re Franklin Advisers, Inc.................................. App. 44A-72275, In re Pilgrim Baxter & Assoc. Ltd.

(Aug. 11, 2004) .................................................... App. 44A-122277, In re Janus Capital Mgmt. LLC

(Aug. 18, 2004) ...........................................1A-21, App. 44A-92281, In the Matter of Garrett Van Wagoner and Van Wagoner

Capital Management, Inc. (Aug. 26, 2004) ...................... 13-152310, In re RS Inv. Mgmt., Inc.

(Oct. 6, 2004)............................................ 44-17, App. 44A-152311, Invesco Funds Group Inc.

(Oct. 8, 2004)..................................................................1A-202317, In re Fremont Investment Advisors, Inc.

(Nov. 4, 2004) ........................................................ App. 44A-72318, In re Tengler (Nov. 4, 2004) ................................. App. 44A-72319, In re Adams (Nov. 4, 2004).................................. App. 44A-72333, Registration under the Advisers Act of

Certain Hedge Fund Advisers (Dec. 2, 2004) ................... 44-912352, In re Palombo (Feb. 9, 2005) ................................ App. 44A-52354, In re Gustafson (Feb. 9, 2005) ............................. App. 44A-52370, In re Putnam Inv. Mgmt., LLC

(Mar. 23, 2005) ......................................... 44-20, App. 44A-222378, In re Malone (Apr. 28, 2005)................................ App. 44A-22379, In re Carifa (Apr. 28, 2005).................................. App. 44A-22388, In re Adams (May 19, 2005) ................................ App. 44A-72406, In re Larsen (July 18, 2005) ................................. App. 44A-9

T–64



2451, In re Am. Express Fin. Corp.(Dec. 1, 2005) ............................................. 44-17, App. 44A-2

2501, In re Yellin (Mar. 23, 2006) ................................ App. 44A-202520, In re Capital Works Investment Partners, LLC

(June 6, 2006) ................................................................. 25-222523, In re Corba (June 16, 2006) ................................. App. 44A-42566, In re Stephen J. Treadway (Nov. 7, 2006) ............. App. 44A-42575, In re Deutsche Asset Mgmt., Inc.

(Dec. 21, 2006) ........................................... 44-17, App. 44A-52576, Prohibition of Fraud by Advisers to Certain Pooled

Investment Vehicles; Accredited Investors in Certain Private Investment Vehicles (Dec. 27, 2006).................... 44-95

2578, In re Lawrence J. Lasser (Jan. 9, 2007) ............... App. 44A-222602, In re Treadway (May 14, 2007) .......................... App. 44A-222628, Prohibition of Fraud by Advisers to Certain Pooled

Investment Vehicles (Aug. 3, 2007) ................................. 44-952636, In re Fife (Aug. 21, 2007) ..................................... App. 44A-42638, In re Hoffman (Aug. 22, 2007)............................. App. 44A-22641, In re Federighi (Sept. 4, 2007) .............................. App. 44A-72725, In re Gann (Apr. 17, 2008)................................. App. 44A-162727, In re Gabelli Funds, LLC (Apr. 24, 2008) ............. App. 44A-72746, In the Matter of K.W. Brown and Company et al.

(June 24, 2008) ............................................................... 13-162747, In the Matter of K.W. Brown and Company et al.

(June 24, 2008) ............................................................... 13-162756, In re Sassano (July 18, 2008) ............................... App. 44A-32803, In re Ficken (Oct. 17, 2008) ............................... App. 44A-142831, In re Michael K. Brugman (Jan. 14, 2009)............ App. 44A-92961, In the Matter of Stephen Jay Mermelstein

(Dec. 14, 2009) ............................................................... 13-162968, Custody of Funds or Securities of Clients by Investment

Advisers (Dec. 30, 2009) .................................................1A-243043, Political Contributions by Certain Investment Advisers

(July 1, 2010) .................................................................. 13-113043, Political Contributions by Certain Investment Advisers

(July 13, 2010) ................................................................1A-243136, In the Matter of Charles Schwab Inv. Mgmt., et al.

(Jan. 11, 2011) .................................................................. 4-12




Other SEC Releases

Accounting Series Releases

113 (Oct. 21, 1969) ...................... 16-7, 16-11, 16-12, 16-13, 16-15118 (Dec. 23, 1970)..16-7, 16-11, 16-12, 16-13, 16-15, 16-17, 18-8219 (May 31, 1977) ................................................................ 16-11

Final Rule Releases

56 (Nov. 21, 2000).................................................................. 38-1666, Retention of Records Relevant to Audits and Reviews

(Jan. 24, 2003) ................................................................ 38-2868, Strengthening the Commission’s Requirements Regarding

Auditor Independence (Jan. 28, 2003) ............................. 38-14

Initial Decision Releases

131, In the Matter of Parnassus Investments, et al.(Sept. 2, 1998)................................................................... 14-5

148, In the Matter of Sandra Simpson and Daphne Pattee,Initial (Sept. 21, 1999) .................................................... 23-15

158, In the Matter of Richard Hoffman and Kirk Montgomery (Jan. 27, 2000) ................................................................ 23-14

160, In re Michael Flanagan, Ronald Kindschi, and Spectrum Admin., Inc. (Jan. 31, 2000) ..................... 44-16

175, Piper Capital Mgmt., Inc. (Nov. 30, 2000) ........................ 4-30307, In re Phlo Corp. (Feb. 17, 2006)...................................... 25-14331, In re Monson (June 15, 2007) .............................. App. 44A-12345, In re Ficken (Feb. 20, 2008) ................................. App. 44A-14346, In re Bridge (Mar. 10, 2008) ................................... App. 44A-1348, In re Lammert (Apr. 28, 2008) ............................. App. 44A-10350, In re Pritchard Capital Partners, LLC

(July l0, 2008) ...................................................... App. 44A-13355, In re Gann (Sept. 9, 2008) ................................... App. 44A-16

Litigation Releases

2846, SEC v. Electro Sci. Investors (Feb. 24, 1964) ................. 12-2214,737, SEC v. Kaweske (Nov. 28, 1995)................................. 12-6218,444, SEC v. Druffner (Nov. 4, 2003) ....................... App. 44A-1318,474, SEC v. Pilgrim (Nov. 20, 2003)........................ App. 44A-1218,479, SEC v. Security Trust Company

(Nov. 25, 2003) .................................................... App. 44A-1618,482, SEC v. Invesco Funds Group, Inc.

(Dec. 2, 2003) ........................................................ App. 44A-9

T–66



18,489, SEC v. Mutuals.com, Inc. (Dec. 4, 2003) ........ App. 44A-1118,524, SEC v. Calugar (Dec. 24, 2003) ....................... App. 44A-1518,590, SEC v. Columbia Mgmt. Advisers, Inc.

(Feb. 24, 2004) ....................................................... App. 44A-418,738, SEC v. Geek Securities, Inc. (June 4, 2004) ....... App. 44A-818,767, United States v. Sharma (June 29, 2004)........... App. 44A-818,784, SEC v. Druffner (July 15, 2004) ...................... App. 44A-1318,850, SEC v. J.B. Oxford Holdings, Inc.

(Aug. 25, 2004) .................................................... App. 44A-1118,938, SEC v. Geek Securities, Inc. (Oct. 22, 2004) ..... App. 44A-819,069, SEC v. Tambone (Feb. 9, 2005) ......................... App. 44A-519,197, SEC v. Gerbasio (Apr. 21, 2005) ........................ App. 44A-619,294, SEC v. Christian (July 7, 2005) ....................... App. 44A-1619,410, SEC v. Ehrenkrantz King Nussbaum, Inc.

(Sept. 30, 2005)...................................................... App. 44A-619,496, SEC v. Druffner (Dec. 16, 2005) .......... 44-17, App. 44A-1319,510, SEC v. Federighi (Dec. 22, 2005)....................... App. 44A-719,526, SEC v. Calugar (Jan. 10, 2006) ........................ App. 44A-1519,597, SEC v. Geek Securities, Inc. (Mar. 8, 2006) ....... App. 44A-819,641, SEC v. J.B. Oxford Holdings, Inc.

(Apr. 5, 2006) ....................................................... App. 44A-1119,647, SEC v. Gerbasio (Apr. 10, 2006) ........................ App. 44A-619,708, SEC v. Tambone (May 22, 2006) ....................... App. 44A-519,723, United States v. Shannon (June 9, 2006)......... App. 44A-1419,724, SEC v. Treadway (June 13, 2006) ...................... App. 44A-419,813, SEC v. O’Meally (Aug. 28, 2006)..................... App. 44A-1419,856, SEC v. Druffner (Oct. 2, 2006)............. 44-17, App. 44A-1319,888, SEC v. Treadway (Oct. 26, 2006)....................... App. 44A-419,902, SEC v. Pilgrim (July 27, 2004)......................... App. 44A-1219,954, SEC v. Velasco (Dec. 21, 2006) ......................... App. 44A-519,962, SEC v. Tambone (Jan. 9, 2007).......................... App. 44A-519,972, SEC v. Fife (Jan. 19, 2007) ..................... 44-18, App. 44A-420,012, SEC v. Velasco (Feb. 21, 2007) .......................... App. 44A-520,051, United States v. Beacon Rock Capital, LLC

(Mar. 22, 2007) ...................................................... App. 44A-620,161, SEC v. Christian (June 20, 2007) .................... App. 44A-1620,168, SEC v. Simpson Capital Mgmt., Inc.

(June 27, 2007) .................................................... App. 44A-1620,250, SEC v. Fife (Aug. 21, 2007) ............................... App. 44A-420,284, SEC v. Druffner (Sept. 14, 2007) ..................... App. 44A-1320,403, SEC v. Goldstein (Dec. 18, 2007).................... App. 44A-1120,413, SEC v. Ficken (Dec. 21, 2007)......................... App. 44A-1420,458, SEC v. Barbera (Feb. 14, 2008) ........................ App. 44A-1720,516 (Apr. 3, 2008) .................................................. App. 44A-12




20,524, SEC v. Headstart Advisors, Ltd.(Apr. 10, 2008) ....................................................... App. 44A-8

20,539, In re Gabelli Funds, LLC (Apr. 24, 2008) .......... App. 44A-720,567, United States v. Beacon Rock Capital, LLC

(May 12, 2008) ...................................................... App. 44A-620,722, SEC v. Ficken (Sept. 17, 2008) ........................ App. 44A-1420,822, SEC v. Tambone (Dec. 5, 2008)......................... App. 44A-520,844, SEC v. Druffner (Jan. 6, 2009) ........................ App. 44A-1320,910, SEC v. O’Meally (Feb. 25, 2009) ..................... App. 44A-14

Public Utility Holding Company Act Releases

27,279, Revision of the Commission’s Auditor Independence Requirements (Nov. 21, 2000) ......................................... 38-16

27,563, Ownership Reports and Trading by Officers, Directors and Principal Security Holders (Aug. 27, 2002) ............... 38-33

SEC Rules and Regulations

Securities Act of 1933 Rules

133(f) ................................12-5134................................. 19A-8135a .........................19-6, 19-7135a ..................19A-8, 19A-11144A ..................8-35, 9-4, 9-6,

........................14-11, 29-5144A ...............................14-11144A(a)(1) ...........................9-5156......................19-18, 19-19,

......................19-20, 19-21156................................. 19A-6159....................................4-13160..................................19-29215..................................44-97215(e) ..............................44-98215(f) ..............................44-98216.......................44-97, 44-98216(a) ..............................44-97216(b)(1)..........................44-97216(b)(2)..........................44-98216(b)(3)..........................44-99216(c)(6) ..........................44-98405..................4-12, 12-5, 12-7

408 ................................... 4-11427 ................................... 20-4461 ................................... 4-31462(d) .................... 41-7, 41-21473 ..................................... 4-3481 .......................... 4-35, 19-7481(b) ................................. 4-5481(b)(1) ......................... 36-54482 ................ 1-28, 19-6, 19-7,

............. 19-8, 19-9, 19-10,

......... 19-11, 19-12, 19-13,

......... 19-14, 19-16, 19-17,

......... 19-18, 19-19, 19-20,

......... 19-21, 19-27, 19-30,

......... 19-32, 19-34, 19-37,

......... 19-39, 19-40, 19-48,

........19A-4, 19A-6, 19A-7,

................. 19A-8, 19A-10,

............... 19A-11, 19A-15,

........19A-17, 32-64, 32-65482(b)(3) ......................... 32-65482(b)(4) ......................... 32-65482(e)(1) ......................... 32-65

T–68



482(e)(1)(i).......................32-65482(e)(1)(ii)......................32-65482(e)(1)(iii) ....................32-66482(e)(2) ..........................32-66483(a) ................................4-27483(b)................................4-28485(a) .............4-32, 4-33, 20-4,

............29-7, 29-10, 29-11,

......................29-20, 44-65485(a)(1)............................4-31485(a)(2)............2-7, 4-31, 41-8485(b).....................41-7, 41-21485(b)(i) ..........................29-12488....................................41-7488(b)................................41-7

497 ................ 4-27, 4-32, 4-33,............ 4-34, 19-16, 19-48,........19-49, 19A-28, 29-11,...................... 29-13, 41-10

497(c)................4-6, 4-27, 4-33497(e)....................... 4-27, 4-33497(j) ......................... 4-6, 4-33497(k) ............. 4-6, 4-32, 19-48498 ............. 2A-15, 4-16, 4-36,

................ 4-37, 19-4, 19-6,

...................... 19-17, 19-19501 ..................................... 9-4501(a) ............................. 44-97508 ..................................... 9-4

Securities Exchange Act of 1934 Rules

10A-3 .......14-24, 33-33, 33-35,......................33-37, 33-38

10b-5..........4-11, 12-61, 19-18,.................. 19A-13, 23-10, .....................23-11, 23-21,......................44-16, 44-77

10b-6...............................33-1910b-10.............. 12-44, 21A-10,

......... 21A-11, 23-30, 34-9,

..........35-13, 44-67, 44-68,

......................44-74, 44-7610b-10(a) .........................35-1310b-10(a)(9).....................44-7610b-10(b).........................44-7610b-17....................34-9, 35-1410b-18(a)(3).............. App. 5A-511d-1...............................35-1313a-14...............................38-713b2-1.................... App. 27A-813b2-2(c) .........................38-1813e-4 .........33-18, 33-19, 33-2213e-4(f)(8)(ii) ...................33-1914a-1.................................15-814a-3.................................15-814a-6.................................15-814a-6(a) .............................15-914a-6(a)(b) .........................15-914a-6(b) ...........................15-10

14a-8(b) .......................... 15-1014a-8(i) ........................... 15-1014a-8(i)(7) ............ 15-10, 15-1114a-11 ................. 15-11, 15-1214a-13 ................. 15-12, 41-1114b-1 .............................. 15-1214b-2 .............................. 15-1214e-1 ................... 33-19, 33-2214e-2 ................... 33-19, 33-2214e-5 ..................... 34-9, 35-1215a-6 .............................. 40-1615c1-5............................... 34-915c2-2...... 23-29, 23-30, 44-67,

.......... 44-68, 44-69, 44-74,

..................... 44-76, 44-77,

........... 44-78, 44-81, 44-8315c2-2(a)......................... 44-6915c2-2(b)......................... 44-7515c2-2(b)(1)–(2)............... 44-7015c2-2(b)(3) .................... 44-7015c2-2(b)(4) ......... 44-70, 44-7215c2-2(b)(5) .................... 44-7015c2-2(b)(6) .................... 44-7015c2-2(b)(7) .................... 44-7015c2-2(c) ......................... 44-7515c2-2(c)(1)..................... 44-7115c2-2(c)(2)..................... 44-7115c2-2(c)(3)..................... 44-71




15c2-2(c)(4) .....................44-7215c2-2(c)(5) .....................44-7215c2-2(c)(6) .....................44-7315c2-2(d) .........................44-7415c2-2(d)(3) .....................44-7515c2-2(e) .........................44-7515c2-2(f)(1)......................44-7115c2-2(f)(2)......................44-7115c2-2(f)(5)......................44-7515c2-2(f)(6)......................44-6915c2-2(f)(8)......................44-7215c2-2(f)(9)(i) ..................44-7415c2-2(f)(9)(ii) .................44-7415c2-2(f)(12)....................44-6915c2-2(f)(15)....................44-7215c2-2(f)(16)....................44-7215c2-2(g) .........................44-7515c2-3 ......23-30, 44-67, 44-76,

......................44-77, 44-8315c2-3(a) .........................44-80

15c2-3(a)(1)..................... 44-7715c2-3(a)(2)(i)–(ii) ........... 44-7815c2-3(a)(2)(iii) ............... 44-7815c2-3(b).............. 44-78, 44-8015c2-3(c) ......................... 44-7815c2-3(d)......................... 44-8015c2-3(e) ......................... 44-8015c2-3(f)(1) ..................... 44-7715c3-1............................. 20-2815c-5............................... 35-1315c-6............................... 35-1315d-14 .............................. 38-716a-1(a)(2) ...................... 44-8917a-3 .............................. 23-3917a-4 .............................. 23-3917a-4(b) .......................... 44-8017a-4(f) ........................... 44-8019b-4 .............................. 34-1019b-4(e) .......................... 34-10

Investment Advisers Act of 1940 Rules

203(b)(3)-2(a)...................44-91204-2 .....................11-9, 44-47204-2(a)(1).........................24-5204-2(a)(12).....................13-14204-2(a)(12)(ii) ................27-21204-2(a)(13).....................13-14204-2(a)(13)(iii) ...............13-14204-2(a)(17).....................44-48204-2(a)(17)(ii) .......27-3, 27-20204-2(e)...........................13-14204-2(g)...........................13-14204-2(g)(2)(ii) ..................27-39204-3 ................................11-9204-3(b)...........................13-13204-3(c) ...........................13-13204A-1 .......12-67, 13-3, 13-10,

..........13-11, 13-12, 27-43,

.....................38-12, 42-23,

......................44-48, 44-50204A-1(a)(3) ........44-48, 44-49,

.................................44-51204A-1(a)(4) ....................44-51204A-1(a)(5) ....................44-51

204A-1(d)........................ 44-49204A-1(e)(1) ......... 13-12, 44-50204A-1(e)(1)(ii)................ 44-50204A-1(e)(6) .................... 13-13204A-1(e)(7) .................... 13-13204A-1(e)(10) .................. 44-50205-3 .............................. 44-93206(3)-2 ............................ 9-12206(4)-1(a)(1) .................. 19-23206(4)-2 ................1A-24, 24-3,

....................... 24-4, 44-94206(4)-5 ...............1A-24, 13-11206(4)-6 .......... App. 5A-5, 11-7206(4)-7 ..............1A-21, 13-10,

............. 26-2, 26-6, 26-11,

......... 26-12, 26-13, 26-14,

........... 28-2, 42-22, 44-35,

..................... 44-37, 44-47206(4)-7(a) ........... 26-12, 44-35206(4)-7(b) ............. 27-2, 44-35206(4)-7(c) ...................... 44-35206(4)-8 .... 44-95, 44-96, 44-97206(4)-8(a)(1) .................. 44-96

T–70



206(4)-8(a)(2) ..................44-96

Investment Company Act of 1940 Rules

0-1(a)(6) ..........................14-220-1(a)(7) ..................6-9, 14-25,

....................... App. 20A-3,

....................... App. 20A-8,

............22-4, 22-10, 33-23,

........................42-9, 44-282a-1...................................8-102a-4..............8-33, 16-7, 16-17,

................31-2, 31-3, 31-4,

.........................31-5, 31-6,

..........................31-9, 32-72a-4(a)(1) ...........................18-22a-6.........................2-15, 6-21,

......................20-28, 42-102a-7.............1-7, 1A-24, 1A-28,

......... 1B-43, 1B-44, 1B-45,

............. 2-14, 2A-26, 8-26,

..........12-27, 14-11, 14-12,

........................14-13 18-2,

............ App. 20A-7, 25-25,

................31-2, 31-4, 32-4,

................32-5, 32-6, 32-7,

..............32-8, 32-9, 32-10,

..........32-11, 32-12, 32-13,

..........32-14, 32-15, 32-16,

..........32-17, 32-18, 32-19,

..........32-20, 32-21, 32-22,

..........32-23, 32-24, 32-25,

..........32-26, 32-27, 32-28,

..........32-29, 32-30, 32-31,

..........32-32, 32-33, 32-34,

..........32-35, 32-36, 32-37,

..........32-38, 32-39, 32-40,

..........32-41, 32-42, 32-44,

..........32-45, 32-46, 32-47,

..........32-51, 32-52, 32-53,

..........32-54, 32-55, 32-56,

..........32-58, 32-60, 32-62,

.....................32-63, 32-67,

......................32-70, 32-732a-7(a)(1) .........................32-132a-7(a)(2) ...........................32-6

2a-7(a)(3) ........................ 32-132a-7(a)(5) ........................ 32-342a-7(a)(6) ........................ 32-272a-7(a)(7) ........................ 32-352a-7(a)(8) ........................ 32-442a-7(a)(9)(i) ..................... 32-272a-7(a)(9)(ii) .................... 32-272a-7(a)(10)(i) ................... 32-392a-7(a)(10)(ii) .................. 32-392a-7(a)(11) ...................... 32-292a-7(a)(11)(ii) .................. 32-292a-7(a)(11)(iii) ................. 32-232a-7(a)(12) ...................... 32-222a-7(a)(12)(i) ................... 32-252a-7(a)(12)(ii) .................. 32-262a-7(a)(12)(iii)(A)............. 32-272a-7(a)(12)(iii)(A)(1)–(3)

................................. 32-272a-7(a)(12)(iii)(B) ............. 32-282a-7(a)(13) ...................... 32-472a-7(a)(14) ...................... 32-232a-7(a)(15) ...................... 32-172a-7(a)(16) ...................... 32-172a-7(a)(17) ...................... 32-272a-7(a)(18)(i) ................... 32-392a-7(a)(18)(ii) .................. 32-392a-7(a)(19) ...................... 32-442a-7(a)(20) ........................ 32-62a-7(a)(21)(i) ................... 32-242a-7(a)(21)(ii) .................. 32-242a-7(a)(21)(iii) ................. 32-242a-7(a)(22) ........... 32-34, 32-352a-7(a)(23) ...................... 32-242a-7(a)(28) ...................... 32-272a-7(a)(24) ...................... 32-232a-7(a)(25) ...................... 32-322a-7(a)(26) ...................... 32-312a-7(a)(27) ...................... 32-312a-7(a)(28) ...................... 32-272a-7(a)(29) ...................... 32-202a-7(a)(31) ...................... 32-172a-7(a)(32) ...................... 32-45




2a-7(a)(32)(iii) .................32-452a-7(b)(1)...........................32-82a-7(b)(2)...........................32-82a-7(b)(3)...........................32-82a-7(c)(1) ................32-9, 32-542a-7(c)(2) ..............32-14, 32-172a-7(c)(3)(iv) ....................32-292a-7(c)(2)–(5) ...................32-602a-7(c)(2)(i)......................32-142a-7(c)(2)(ii)..........32-14, 32-152a-7(c)(2)(iii).........32-14, 32-152a-7(c)(3)(i)...........32-20, 32-302a-7(c)(3)(ii)..........32-14, 32-232a-7(c)(3)(ii)(A) .....32-23, 32-332a-7(c)(3)(ii)(B) .....32-23, 32-332a-7(c)(3)(iii)....................32-272a-7(c)(3)(iv) ....................32-292a-7(c)(3)(iv)(B)................32-282a-7(c)(4)(i)......................32-312a-7(c)(4)(i)(A) .................32-312a-7(c)(4)(i)(C) ......32-23, 32-332a-7(c)(4)(i)(C)(1) .............32-332a-7(c)(4)(i)(C)(2) .............32-332a-7(c)(4)(ii)(A) .....32-30, 32-342a-7(c)(4)(ii)(B) ................32-352a-7(c)(4)(ii)(C) ................32-362a-7(c)(4)(ii)(D)(1)............32-362a-7(c)(4)(ii)(D)(1)(i) ........32-362a-7(c)(4)(ii)(D)(1)(ii) .......32-362a-7(c)(4)(ii)(D)(2)............32-362a-7(c)(4)(ii)(D)(3)............32-372a-7(c)(4)(ii)(E) .....32-31, 32-372a-7(c)(4)(iii).........32-38, 32-392a-7(c)(4)(iii)(A) ...............32-382a-7(c)(4)(iii)(B) ...............32-382a-7(c)(4)(iii)(C) ...............32-392a-7(c)(4)(iv)(A) ...............32-392a-7(c)(4)(iv)(B)................32-392a-7(c)(4)(v) ..........32-30, 32-322a-7(c)(5) .........................32-422a-7(c)(5)(i)......................32-432a-7(c)(6) ..............32-28, 32-402a-7(c)(7)(i)(A) .................32-462a-7(c)(7)(i)(B) .................32-462a-7(c)(7)(i)(C) .................32-46

2a-7(c)(7)(ii) ......... 32-47, 32-552a-7(c)(7)(iii)(A)............... 32-512a-7(c)(7)(iii)(B) .... 32-51, 32-572a-7(c)(7)(iv).................... 32-472a-7(c)(8)(i) ............ 32-9, 32-552a-7(c)(8)(ii)(A)................ 32-552a-7(c)(8)(ii)(A)(1).............. 32-92a-7(c)(8)(ii)(A)(2).............. 32-92a-7(c)(8)(ii)(A)(3)

..................... 32-10, 32-532a-7(c)(8)(ii)(B) ..... 32-10, 32-552a-7(c)(8)(ii)(C) .... 32-10, 32-552a-7(c)(9).............. 32-10, 32-552a-7(c)(10)(i) ................... 32-132a-7(c)(10)(ii) .................. 32-132a-7(c)(10)(iii) ................. 32-132a-7(c)(10)(iv)....... 32-13, 32-372a-7(c)(10)(v)................... 32-122a-7(c)(10)(v)(A) ... 32-11, 32-552a-7(c)(10)(v)(B) .............. 32-122a-7(c)(11)(ii) .................. 32-532a-7(c)(11)(iii) ...... 32-21, 32-532a-7(c)(11)(v)........ 32-37, 32-532a-7(c)(11)(vi).................. 32-532a-7(c)(11)(vii)...... 32-12, 32-532a-7(c)(11)(viii)

.......... 32-10, 32-47, 32-532a-7(c)(12)............ 32-51, 32-522a-7(c)(12)(i) ................... 32-522a-7(c)(12)(ii) .................. 32-522a-7(c)(12)(iii) ................. 32-532a-7(c)(13)....................... 32-672a-7(d) ............................ 32-162a-7(d)(1) ........................ 32-172a-7(d)(1)–(d)(8) .............. 32-452a-7(d)(2) ........................ 32-172a-7(d)(3) ........................ 32-182a-7(d)(4) ........................ 32-182a-7(d)(5) ........................ 32-182a-7(d)(6) ........................ 32-182a-7(d)(7) ........................ 32-192a-7(d)(8) ............ 32-19, 32-61,

................................ 32-632a-7(e)................. 32-11, 32-29,

..................... 32-47, 32-54

T–72



2a19-1.............................14-182a19-3.............................14-182a51-1.............................44-993a-1...................................32-53a-4......................12-44, 20-123a-6...................................8-283c-5 ......................36-37, 36-665b-1...................................8-105b-3...........32-18, 32-25, 32-295b-3(c)(1) ..............32-18, 32-346c-10 ................2-8, 20-2, 20-3,

..........20-15, 20-16, 20-18,

..........20-19, 20-21, 20-26,

.....................20-29, 20-33,

...............App. 20A-9, 21-96c-10(c) ...........................20-276c-11 ......................34-8, 35-188b-5.....................................4-38b-15.................................38-78b-16.......................1-22, 20-4,

......................33-17, 33-188b-23.................................4-1510b-1...............................14-2010e-1 ......................6-23, 14-2910f-2 ...................................9-210f-3 ................... 9-2, 9-3, 9-4,

..................... 9-5, 9-6, 9-7,

....................9-8, 9-9, 9-10,

..............9-11, 14-13, 29-5,

..........42-20, 42-21, 42-24,

......................42-28, 44-2810f-3(a)............................42-2110f-3(a)(1)............................9-410f-3(b) ...........................42-2110f-3(c)(1)............................9-310f-3(c)(2)............................9-510f-3(c)(2)(i) ........................9-610f-3(c)(3)............................9-510f-3(c)(4)............................9-510f-3(c)(5)............................9-710f-3(c)(6)............................9-710f-3(c)(7)......9-6, 42-20, 42-2110f-3(c)(8)............................9-710f-3(c)(9)............................9-910f-3(c)(10)..........................9-8

10f-3(c)(11) ......................... 9-810f-3(c)(12) ......................... 9-912b-1 ............... 1-5, 1-10, 1-27,

............... 1A-24, 2-8, 2-17,

.................. 2-18, 3-17, 8-2,

............ 12-28, 12-32, 15-2,

.............. 15-7, 15-8, 19-25,

................ 20-2, 20-3, 20-7,

.............. 20-8, 20-9, 20-10,

.......... 20-15, 20-16, 20-17,

.......... 20-19, 20-20, 20-21,

.......... 20-22, 20-27, 20-29,

.......... 20-30, 20-31, 20-32,

............ 20-33, App. 20A-1,

....................... App. 20A-9,

........................App. 20B-1,

................ 21-3, 21-5, 21-7,

.............. 21-8, 21-9, 21-11,

............ 21-13, 12-13, 22-2,

................ 22-6, 22-7, 22-8,

............ 22-9, 22-10, 22-11,

.......... 22-12, 22-13, 22-14,

.......... 22-15, 22-16, 22-17,

.......... 22-18, 22-19, 22-20,

.......... 23-19, 23-29, 25-25,

.............. 29-4, 33-16, 37-2,

.............. 37-4, 37-5, 37-12,

.......... 37-13, 37-21, 37-24,

............ 37-26, 40-51, 41-6,

.......... 43-29, 43-30, 43-33,

.......... 44-19, 44-20, 44-28,

..................... 44-40, 44-65,

...................... 44-66, 44-7112b-1(b) ................. 21-8, 22-1512b-1(b)(3) ........................ 21-812b-1(e)............................. 21-812b-1(h) ................. 14-9, 22-1312b-1(h)(1) ........... 20-22, 44-6612b-1(h)(2) ........... 20-22, 44-6612b-2 ....................1B-39, 20-2,

.......... 20-15, 20-16, 20-29,

.............. 20-33, 21-8, 21-9,

.......... 21-10, 21-11, 22-1912b-25 ..................... App. 5A-112d-1 ................8-3, 8-25, 8-31




12d1-1.....................2-10, 2-11,................8-25, 8-26, 8-27,.......... 20-13, 32-37, 32-52

12d1-2............2-10, 2-11, 8-24,........................8-25, 20-13

12d1-3............2-10, 2-11, 8-20,........................8-21, 20-13

12d1-4......................8-27, 8-2812d2-1...............................8-2812d3-1......... 8-30, 8-31, 8A-12,

......................42-18, 42-2112d3-1(a)...........................8-3112d3-1(b).......8-30, 8-31, 42-1812d3-1(c)(3) .....................42-1813a-1.................................8-1215a-2..........................6-6, 6-1315a-4...............6-22, 42-7, 42-815a-4(b)(2).......................44-2815a-5.......................6-20, 6-21,

..........................42-5, 42-715c2-2 .............................23-1917a-4...............................12-2217a-6.........12-22, 12-23, 14-1317a-6(b)(1)(i) ...................12-2317a-6(b)(1)(vii).................12-2317a-7..........12-8, 12-24, 12-25,

............14-13, 29-5, 42-24,

......................42-28, 44-2817a-8..........12-25, 12-26, 41-5,

........................41-6, 44-2817a-9..........12-27, 32-4, 32-51,

...........32-55, 32-56, 32-5717a-9(1)...........................32-5617a-9(2)...........................32-5617a-10..........8-32, 9-10, 12-27,

......................12-28, 42-1917d-1............1-24, 8-26, 10-12,

............12-3, 12-13, 12-22,

..........12-28, 12-31, 12-32,

..........12-33, 12-34, 12-35,

..........12-36, 12-37, 12-38,

..........12-39, 12-40, 12-41,

..........12-43, 12-44, 12-45,

..........12-46, 12-49, 12-50,

...........12-51, 14-13, 32-37

17d-1(a) .......................... 12-4017d-1(c) ............... 12-23, 12-4517d-1(d)(3) ...................... 12-2317d-1(d)(5) ...................... 12-2317d-1(d)(7) ............ 14-31, 29-4,

................................ 44-2817d-5 .............................. 12-4417e-1 ........... 8-26, 9-10, 12-28,

........... 12-59, 14-13, 29-5,

.......... 42-24, 42-28, 44-2917e-1(b) ............................ 9-1017e-1(c)............................. 9-1117e-1(d) ............................ 9-1117f-1 ...................... 10-2, 31-1317f-2 .............. 2-20, 10-3, 10-8,

............ 12-52, 24-3, 31-1317f-2(c) ............................. 10-317f-3 ................................. 10-417f-4 ....................... 2-20, 10-5,

......................... 10-6, 10-817f-5 .............. 2-21, 10-8, 10-9,

.................... 10-12, 10-13,

....................... 14-13, 29-517f-5(a)(1)(i) ...................... 10-917f-5(a)(7)(i) ...................... 10-917f-5(a)(7)(ii) ..................... 10-917f-5(a)(7)(iii) .................... 10-917f-5(c)(1) ......................... 10-917f-5(c)(2) ......................... 10-917f-5(c)(2)(i) ...................... 10-917f-5(c)(3) ......................... 10-917f-6 .................... 10-12, 10-1317f-7 .............. 10-6, 10-8, 10-9,

.......... 10-12, 10-13, 10-1417g-1 .......... 14-5, 14-14, 44-2917g-1(g)(1)......................... 29-317j-1 ............ 5-8, 12-60, 12-61,

......... 12-62, 12-64, 12-65,

........... 12-66, 12-67, 13-2,

......13-3, 13-4, 13-5, 13-6,

........... 13-8, 13-11, 13-12,

......... 13-14, 13-16, 13-17,

........ 14-15, 14-16, 27-43,

.... 29-3, 29-4, 29-8, 38-12,

.......... 38-13, 42-23, 44-48

T–74



17j-1(a)(1)..........................13-617j-1(a)(6)........................13-1317j-1(a)(8)........................13-1317j-1(c)..............................13-317j-1(c)(1)........................42-2717j-1(c)(1)(ii) ..........13-5, 42-2317j-1(c)(2)........................42-2717j-1(c)(2)(ii) ..........13-5, 42-2317j-1(d) .............................13-617j-1(d)(2)(ii) .....................13-717j-1(d)(2)(v) .....................13-717j-1(d)(2)(vi) ....................13-717j-1(d)(3) .........................13-717j-1(e)..............................13-717j-1(f) ..............................13-917j-1(f)(2) ..........................13-818f-1 .................................3-2218f-2 ....... 3-5, 3-14, 3-15, 15-418f-3 ..............3-16, 3-17, 3-18,

................3-19, 15-4, 20-2,

..............20-3, 20-9, 20-10,

..........20-27, 20-33, 20-34,

.............30-16, 35-9, 44-2918f-3(a)(2)........................20-1018f-3(a)(3)...............15-4, 20-1018f-3(a)(4)........................20-1018f-3(d) ...........................20-3418f-3(f)(2)(iii)

...............App. 20A-4, 22-520a-1.................................15-820a-2.................................15-820a-3.................................15-822c-1 ...........1-27, 1A-7, 2A-34,

................16-3, 16-5, 16-6,

..........16-13, 18-18, 18-19,

.....................20-24, 20-25,

.............. App. 20A-9, 21-6,

..........21-13, 21-14, 21-15,

..............21-16, 32-7, 32-9,

............33-6, 33-12, 33-23,

..............35-5, 35-9, 35-10,

............35-16, 42-20, 44-9,

..........44-10, 44-11, 44-38,

...........44-57, 44-58, 44-5922c-1(a) ...........8-33, 16-2, 16-3

22c-1(b)(1) ............... 8-33, 16-322c-2........1B-49, 1B-50, 16-20,

.......17-1, 17-2, 17-3, 17-4,

.............. 17-6, 17-7, 17-12,

.......... 17-14, 17-15, 17-16,

.......... 17-18, 17-19, 17-20,

............ 17-21, 18-2, 21-11,

.......... 21-17, 21-18, 21-19,

.......... 44-13, 44-52, 44-53,

...................... 44-54, 44-5622c-2(a)............................. 17-422c-2(a)(1)............... 17-4, 17-5,

........... 44-53, 44-56, 44-5722c-2(a)(1)(i) ............ 17-6, 17-922c-2(a)(2)........... 17-10, 17-14,

........... 21-18, 44-55, 44-5622c-2(a)(2)(i) ........ 44-54, 44-5522c-2(a)(2)(ii) ....... 44-54, 44-5622c-2(a)(5)....................... 17-1122c-2(b)............................. 17-522c-2(c)(1)........... 17-12, 21-19,

................................. 44-5422c-2(c)(1)(iv) ...... 17-12, 17-13,

...................... 21-19, 44-5422c-2(c)(2)......................... 17-422c-2(c)(4)....................... 17-1122c-2(c)(5)....................... 44-5522c-2(c)(5)(ii) .................. 21-1822c-2(c)(5)(iii) ................. 44-5522c-2(c)(5)(iii)(B) ............. 44-5622d-1 ....................1A-7, 12-13,

.......... 20-17, 20-19, 20-26,

........... 20-27, App. 20A-1022d-6 .............................. 20-2622e-3 .......... 32-4, 32-66, 32-6722e-3T ............................ 32-6723c-1............ App. 5A-7, 12-21,

...................... 33-20, 33-2123c-2............................... 31-2123c-3.............. 33-6, 33-7, 33-8,

.......... 33-10, 33-11, 33-14,

.......... 33-18, 33-19, 33-22,

..................... 33-23, 33-24,

...................... 33-26, 44-2923c-3(a)(3)......................... 33-7




23c-3(b)(10) .....................33-2624b-2.................................32-824b-3...................19-30, 19-48,

.............19-50, 20-14, 32-824f-2 ................4-4, 4-14, 4-35,

........................6-14, 33-1430(a)-3(d).........................31-1130a-2...............38-6, 38-7, 38-830a-2(a) .................... App. 5A-730a-2(b).................... App. 5A-730a-3.............31-11, 38-8, 38-930a-3(c) .............5-7, App. 5A-630a-3(d).............5-7, App. 5A-630b1-1.............................33-1730b1-4...............................11-530b1-5......................5-3, 33-1730b1-6T ..........................32-6030b1-7.........32-4, 32-59, 32-6030b1-7(a) .........................32-6030b1-7(b).........................32-6030b2-1.............. 5-7, App. 5A-1,

........................33-17, 38-630b2-1(b)...........................38-630d-1........................38-6, 38-730e-1 .........5-2, 5-9, App. 5A-1,

........................33-17, 38-631a-1..............1-29, 24-2, 24-3,

......................31-10, 32-5431a-1(b)(1)..............8-26, 32-5431a-1(b)(5).......................12-4631a-1(b)(6).......................12-4631a-2............6-13, 7-11, 14-20,

..............14-23, 24-2, 24-3,

........................24-4, 31-1031a-3........................24-2, 24-432a-3...............................31-1332a-4......................15-6, 31-1334b-1.......2A-31, 2A-32, 19-20,

..........19-21, 19-22, 19-37,

.....................19-39, 19-40,

......................32-64, 32-6534b-1(a) ...........................32-6534b-1(b)(1)(ii)(A)..............32-6534b-1(b)(1)(ii)(B) ..............32-6634b-1(b)(1)(ii)(C)..............32-66

35d-1 ............. 1-25, 2-11, 2-13,........................ 2-14, 8-35,......................... 32-8, 41-7

35d-1(a)(1) ........................ 8-3535d-1(a)(2) ........................ 8-3535d-1(a)(3) ........................ 8-3635d-1(a)(4) ........................ 8-3635d-1(b) ............................ 8-3635d-1(d)(2) ........................ 8-3638a-1 ........ 1-14, 1A-21, 1B-53,

............. 2-21, 2-22, 14-28,

............. 16-9, 18-3, 18-18,

.........18-19, 19A-15, 26-2,

............... 26-5, 26-7, 26-8,

........... 26-9, 26-10, 26-11,

........... 26-12, 26-14, 28-2,

......28-3, 28-4, 28-5, 28-6,

............. 28-7, 28-8, 28-10,

......... 28-11, 28-12, 28-13,

.......31-19, 31A-11, 32-42,

......... 34-11, 42-22, 42-23,

......... 42-27, 42-28, 44-35,

......... 44-37, 44-38, 44-39,

......... 44-40, 44-41, 44-42,

......... 44-43, 44-44, 44-45,

.......... 44-46, 44-47, 44-6738a-1(a)............................. 26-838a-1(a)(1) .. 28-2, 44-35, 44-3838a-1(a)(2) ........... 44-35, 44-4138a-1(a)(3) .. 27-2, 44-35, 44-4338a-1(a)(4) ...................... 44-3538a-1(a)(4)(i) ................... 44-4338a-1(a)(4)(ii) .................. 44-4438a-1(a)(4)(iii) ................. 44-4438a-1(a)(4)(iii)(A) .............. 27-338a-1(a)(4)(iii)(B) ............... 27-338a-1(a)(4)(iv) ................. 44-4538a-1(b) .... 44-35, 44-38, 44-4738a-1(c)........................... 44-4738a-1(d)(3) ............. 27-3, 27-2038a-1(e)(1)..... 2-21, 28-2, 44-4438a-1(e)(2).............. 26-10, 27-335d-1 ..............................8A-1538a-1(e)(2)....................... 27-25

T–76



Regulation C

400 et seq. ...........................4-6415............33-14, 33-19, 33-24415(a)(1)(xi).....................33-24421......................................4-9421(b)(1)–(4)........................4-9423....................................4-15430.............................4-5, 4-34482.................1-28, 19-6, 19-7,

..............19-8, 19-9, 19-10,

..........19-11, 19-12, 19-13,

..........19-14, 19-16, 19-17,

..........19-18, 19-19, 19-20,

..........19-21, 19-27, 19-30,

..........19-32, 19-34, 19-37,

.......... 19-39, 19-40, 19-48,

...................... 32-64, 32-65482(b)(2) ........................... 19-7482(b)(5) ........................... 19-8482(g).............................. 19-32485(a) ............ 4-32, 4-33, 20-4,

....................... 29-7, 29-10,

...................... 29-11, 29-20485(b) ............ 4-27, 4-30, 4-31,

................ 4-32, 4-33, 20-4,

............. 29-7, 29-11, 29-13497(k) ............. 4-6, 4-32, 19-48498 ............. 2A-15, 4-16, 4-36,

................ 4-37, 19-4, 19-6,

...................... 19-17, 19-19

Regulation D

generally ..........................44-98501............36-36, 36-37, 36-67501(a) ..............................44-97501(a)(5)..........................44-98501(a)(5)–(6) ....................44-97501(a)(6)..........................44-98502(c) ...................32-51, 32-61

506 ......................... 2-9, 32-51,...................... 32-52, 32-61

509 ...................... 44-97, 44-98509(a) ............................. 44-97509(b)(1) ......................... 44-97509(b)(2) ......................... 44-98509(b)(3) ......................... 44-99509(c)(6) ......................... 44-98

Regulation M

generally .................33-22, 34-8100(b)..............................35-11101(b)(6)..........................35-11101(c)(1) ..........................35-12

101(c)(6) ......................... 35-11102 ................................. 33-15102(d)(4) ......................... 35-11

Regulation S

generally ..........................36-66 § 902(k) ............................ 33-3

Regulation S-AM

generally ................ 1-6, 21A-30

Regulation S-K

generally ..........................41-11 10(d) ................................. 4-15




Regulation S-P

generally..................1-63, 4-29,................21A-15, 21A-16,......................39-29, 39-31

Regulation S-T

generally..............................4-6 406T................................. 4-27

Regulation S-X

generally...................4-6, 41-11§ 3-18(c) ............................4-33art. 6 ........................31-7, 31-9Rule 2-01....... App. 5A-3, 31-14Rule 2-01(c)(1) ......38-17, 38-22Rule 2-01(c)(2)(i)

......................38-18, 38-27Rule 2-01(c)(2)(ii)

......................38-18, 38-27Rule 2-01(c)(2)(iii)(A) .......38-26Rule 2-01(c)(2)(iii)(C).......38-18Rule 2-01(c)(2)(iii)(C)(1)

.................................38-26Rule 2-01(c)(2)(iii)(C)(2)

.................................38-26Rule 2-01(c)(2)(iv)

......................38-18, 38-27Rule 2-01(c)(3) ......38-17, 38-22Rule 2-01(c)(4) .................38-17Rule 2-01(c)(4)(x) .............38-18Rule 2-01(c)(5) ......38-17, 38-22Rule 2-01(c)(6) .................38-24

Rule 2-01(c)(6)(iii)..................... 38-18, 38-25

Rule 2-01(c)(7)..................... 31-14, 38-21

Rule 2-01(c)(7)(i) ............. 38-17Rule 2-01(c)(7)(i)(C) ........ 38-21Rule 2-01(c)(7)(ii)

..................... 38-17, 38-21Rule 2-01(c)(8) ................ 38-18Rule 2-01(d) .................... 38-23Rule 2-01(f)(4) ...... 38-15, 38-16Rule 2-01(f)(4)(iv) ............ 38-16Rule 2-01(f)(6) ...... 38-15, 38-16Rule 2-01(f)(14)

.......... 31-14, 38-15, 38-20Rule 2-01(f)(14)(B)(2)....... 38-16Rule 2-06 ........................ 38-18Rule 2-07 ........................ 38-28Rule 2-07(a) .................... 38-27Rule 2-07(a)(1)–(3) .......... 38-18Rule 2-07(a)(4) ..... 31-14, 38-18

SEC Forms

3......................................38-334......................................38-335......................................38-337-R .......................36-55, 36-568-R .......................36-55, 36-5610-K ....................33-14, 33-17,

......................38-11, 38-40

10-Q ..................... 31-7, 33-14,..................... 33-17, 38-40

13F ............ 29-6, 29-10, 29-13,..................... 29-16, 29-19

24F-2 ............ 29-6, 29-9, 29-11105 ................................... 39-71120-RIC .......................... 30-51661 ............................... 25-11

T–78



2389................................25-118300.........................39-7, 39-9ADV ................... 1A-19, 1B-25,

...........13-13, 20-12, 44-94ADV-W............................44-94CPO-PQR............36-46, 36-47,

.................................36-48F-1 .........................34-6, 34-16F-3 .........................34-6, 34-16N-1A ............. 1-9, 1-22, 1A-28,

......... 1B-11, 1B-31, 1B-32,

...............App. 1B-A-2, 2-7,

............... 2-10, 2-14, 2A-5,

................. 2A-17, 4-3, 4-4,

.............. 4-6, 4-7, 4-8, 4-9,

................4-10, 4-12, 4-13,

................4-14, 4-15, 4-16,

................4-17, 4-18, 4-19,

................4-20, 4-21, 4-22,

................4-23, 4-24, 4-25,

................4-27, 4-30, 4-32,

.......... 4-33, 4-35, 5-2, 5-3,

............ 5-5, 5-6, 6-30, 8-4,

..................8-7, 8-33, 8-34,

................9-10, 12-7, 13-8,

............14-30, 16-3, 16-16,

..............19-9, 19-22, 20-4,

..........20-10, 20-11, 20-33,

............ App. 20A-6, 23-18,

..........29-10, 29-11, 29-13,

......... 29-20, 31A-5, 32-57,

..........32-58, 32-59, 32-65,

............33-12, 34-5, 36-54,

..............41-7, 41-8, 41-10,

..........41-15, 41-19, 42-11,

..........42-26, 44-13, 44-59,

..........44-62, 44-64, 44-67,

..........44-82, 44-83, 44-84,

..........44-85, 44-86, 44-87,

...........44-88, 44-89, 44-90N-1R ...............................12-25N-2.............. 1B-31, 3-10, 11-3,

..........33-13, 33-17, 33-18,

..........33-23, 36-54, 44-84,

..........44-85, 44-86, 44-87,

..................... 44-88, 44-89,

........................ 44-90, 13-8N-3 ............ 13-8, 44-13, 44-59,

.......... 44-62, 44-64, 44-84,

.......... 44-85, 44-86, 44-87,

........... 44-88, 44-89, 44-90N-4 ........... 44-13, 44-59, 44-64N-5 .......................... 13-8, 38-4N-6 ........... 44-13, 44-59, 44-64N-8A............1B-31, 4-3, 33-17,

.......................... 34-5, 34-8N-8B-1................8-7, 8-8, 8-33N-8B-2.............................. 13-8N-8F ................... 41-12, 41-15,

...................... 41-20, 41-21N-14 .............. 41-6, 41-7, 41-8,

............ 41-9, 41-10, 41-11,

.......... 41-15, 41-16, 41-18,

........... 41-19, 41-20, 41-21N-17F-2 ................... 10-3, 29-4N-23C-1 ....... App. 5A-5, 33-21N-CSR .............1B-35, 5-3, 5-4,

........... 5-7, 5-8, App. 5A-1,

........App. 5A-2, App. 5A-3,

....... App. 5A-4, 6-14, 11-3,

.......... 14-16, 14-25, 14-26,

.............. 29-6, 29-9, 29-11,

............ 29-15, 29-17, 31-6,

.......... 31-11, 32-59, 33-17,

.............. 36-54, 38-5, 38-6,

................ 38-7, 38-8, 38-9,

.......... 38-10, 38-11, 38-12,

.......... 38-13, 38-14, 38-17,

.......... 38-22, 38-23, 38-24,

.......... 38-36, 38-37, 44-64,

...................... 44-86, 44-90N-MFP......... 29-7, 29-9, 29-10,

.......... 29-11, 29-12, 29-13,

.......... 29-14, 29-15, 29-16,

.......... 29-17, 29-18, 29-19,

............ 29-20, 32-4, 32-25,

.......... 32-29, 32-53, 32-60,

..................... 32-61, 32-62,

...................... 32-63, 32-64




N-PX ........... 1B-37, 6-14, 11-5,...............11-6, 29-6, 29-16

N-Q.......1B-35, 5-3, App. 5A-6,..............6-14, 29-6, 29-12,..........29-13, 29-18, 29-19,..............33-17, 38-7, 38-8,........................38-9, 44-64

N-SAR..........6-14, 29-6, 29-10,..........29-14, 29-16, 29-20,

......... 31-12, 32-10, 32-47,

............. 33-17, 38-7, 38-8,

..................... 38-10, 38-12PF .............1B-47, 36-47, 36-48S-1 .............. 34-6, 34-16, 36-16S-3 .............. 34-6, 34-16, 36-16TD F 90-22.1 .................... 39-7

T–80



DEPARTMENT OF LABOR MATERIALS

Prohibited Transaction Exemptions (PTEs)

75-1, Receipt of Commissions for Principal Transactions Involving Mutual Fund Shares(Oct. 31, 1975) ................... 37-13, 37-14, 37-18, 37-19, 37-20

77-3 (Apr. 8, 1977) ........................................... 37-13, 37-14, 37-1577-4 (Apr. 8, 1977) ............................... 37-12, 37-13, 37-15, 37-16,

................................................................. 37-17, 37-18, 37-2077-9 ....................................................................................... 37-1879-13 (May 1, 1979).................................................... 37-14, 37-1581-43, Scudder, Stevens & Clark (June 2, 1981)...................... 37-1583-136, Bartlett & Company (Sept. 16, 1983)......................... 37-1584-24 (Apr. 3, 1984) .................................................... 37-13, 37-1886-128, Receipt of Commissions for Agency Transactions

(Nov. 18, 1986) ......................................... 37-13, 37-18, 37-1987-71, Ameritrust Co., N.A. (Aug. 12, 1987).......................... 37-1688-60, Ameritrust Co., N.A. (July 15, 1988)........................... 37-1689-97, Ameritrust Co., N.A. (Nov. 3, 1989)............................ 37-1690-44, Ameritrust Co., N.A. (July 16, 1990)........................... 37-1691-11, NBD Bank (Jan. 29, 1991) ........................................... 37-1692-48, Signet Trust Company (July 7, 1992) ........................... 37-1692-59, Society National Bank (July 31, 1992) ......................... 37-1692-67, Old Kent Bank & Trust Co. (Aug. 27, 1992) ................ 37-1692-73, Aetna Life Insurance Company (Sept. 16, 1992) .......... 37-1192-77, Shearson Lehman Bros. (Oct. 5, 1992)......................... 37-2093-59, Prudential Mutual Fund Management

(Sept. 8, 1993)................................................................. 37-2094-82, Marshall & Ilsley Trust Co. (Dec. 5, 1994) .................. 37-1694-86, The Bank of California (Dec. 19, 1994) ....................... 37-1797-17, United States Trust Company of New York

(Mar. 5, 1997) ................................................................. 37-1797-47, AmSouth Bank of Alabama (Sept. 5, 1997) .................. 37-2197-60, TCW (Nov. 4, 1997) .............................. 37-20, 37-21, 37-2698-25, Smart Retirement: The OLDE 401(k) Plan

(June 9, 1998) ................................................................. 37-2198-53, Pacific Income Advisers, Inc. (Nov. 9, 1998) ................ 37-172000-39, Standard & Poor’s (Aug. 9, 1998) ............................ 37-262002-13 (Mar. 1, 2003)........................................................... 37-162008-01, Barclays Global Investors (Sept. 1, 2009) ................. 37-172009-22, PNC Financial Services Group (Sept. 1, 2009) ......... 37-172010-26, PNC Financial Services Group (Sept. 16, 2010) ....... 37-17




Advisory Opinions

84-08A (Feb. 3, 1984) ............................................................. 37-1585-36A (Oct. 23, 1985) .......................................................... 37-1192-08A (Feb. 20, 1992) ........................................................... 37-1193-026A (Sept. 9, 1993) ......................................................... 37-1693-12A (Apr. 27, 1993)................................................ 37-16, 37-1793-13A (Apr. 27, 1993)................................................ 37-16, 37-1794-35A (Nov. 3, 1994) ............................................................ 37-1797-15A (May 22, 1997) ............................................... 37-22, 37-2497-16A (May 22, 1997) ............................................... 37-23, 37-242000-10A (July 27, 2000) ....................................................... 37-112000-15A (Nov. 15, 2000) ...................................................... 37-182001-09A (Dec. 4, 2001) ............................................. 37-21, 37-262002-05A (June 7, 2002) ........................................................ 37-172003-09 (June 25, 2003)......................................................... 37-232003-09A (June 25, 2003) ...................................................... 37-242005-10A (May 11, 2005) ...................................................... 37-242006-06A (July 26, 2006) ....................................................... 37-14

Interpretive Bulletins

75-2 ................................37-1094-2 ................................11-10

96-1 ................................ 37-25

DOL Letters

Letters

John Cardon, et al. (Oct. 31, 1977)......................................... 37-18

Information Letters

American Bankers Association (Aug. 20, 1997)....................... 37-24Burton Liebert (Oct. 18, 1991)................................................ 37-20First American Bank (Apr. 10, 1998)....................................... 37-23

(June 13, 1978) ............................................................... 37-11

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DEPARTMENT OF TREASURY MATERIALS

Treasury Regulations

§ 1.263(a)-4(l) ..................32-55§ 1.337(d)-7(b) .................30-14§ 1.337(d)-7(c) .................30-14§ 1.851-2(a) .......................30-5§ 1.853-1(a) .....................30-22§ 1.856-2(d)(3).................30-11§ 1.861-7(a) .....................30-23§ 1.1012-1(c) ...................30-24§ 1.1012-1(e) ...................30-24

§ 1.1441-3(c)(2)(D).......... 30-23§ 1.7704-1(c)(2)................. 30-4§ 1.7704-1(h)(1) .............. 30-28§ 1.7704-1(j) ..................... 30-4§ 301.7701-2(a)................. 30-3§ 301.7701-2(b)(1) ............ 30-3§ 301.7701-3..................... 30-3§ 301.7701-4..................... 30-3§ 301.7701-4(c) ................. 30-3

Department of Treasury Forms

1120-RIC ..........................29-5

General Counsel Memoranda

37,404 (Feb. 6, 1978).............................................................. 30-13

IRS Notices

2003-69...........................30-18 2004-70 .......................... 30-18

Private Letter Rulings

200628001 (Apr. 10, 2006)....................................................... 30-9

Revenue Procedures

§ 3.02 ................................3-19§ 3.03 ................................3-20§ 3.04 ................................3-20§ 3.05 ................................3-20§ 3.06 ................................3-2096-47........................3-19, 3-20

99-40 .............................. 30-162001-36 .......................... 30-292001-57 .......................... 30-282003-84 .......................... 30-202004-28 ............... 30-12, 32-30




Revenue Rulings

63-170.............................30-1368-6 ..................................30-769-134.............................30-1374-27 ..............................30-1277-199.............................30-12

2003-31 ............................ 30-92005-31 .......................... 30-242006-1 ................... 30-9, 36-322006-31 .......................... 36-32

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NASD MATERIALS

Rules

Conduct Rules

2110................................23-202210...........1-29, 19-33, 19-34,

..........19-35, 19-36, 19-38,

...........19-39, 19-45, 19-492210(a)(4)........................19-442210(b)(2)........................19-382210(b)(3)........................19-392210(c) .................19-49, 19-502210(c)(6) .............19-38, 19-392210(d).................19-35, 19-442210(d)(1).............19-38, 19-392210(d)(1)(A) ...................19-352210(d)(3)........................19-402210(d)(5).............19-37, 19-392210(d)(5)(A) ...................19-402210(d)(7)........................19-372211...........1-29, 19-33, 19-34,

..........................23-6, 23-82212....................19-33, 19-40,

......................19-41, 19-422213.....................19-33, 19-422214................................19-332215................................19-332216................................19-332310......23-3, 23-4, 23-5, 23-8,

.......................23-9, 23-20,

......................23-23, 23-252310(a) ..............................23-32310(b)..............................23-42310(c) ..............................23-42350.....................23-38, 23-392350(c)(3) ........................23-392820.....................12-63, 23-272820(g)(4)(c) ....................12-63

2830 ..................... 1-27, 12-63, ............ App. 20A-9, 23-27,..................... 23-28, 23-33,...................... 23-37, 35-16

2830(5)(c)........................ 12-632830(b)(1)(C) .................. 23-272830(b)(1)(D) .................. 23-332830(b)(1)(E) ................... 23-332830(b)(9) ........................... 2-82830(c)................. 35-15, 35-162830(d) ........................... 44-662830(d)(3) ......................... 2-112830(g)................. 35-15, 35-162830(k) ................ 23-31, 44-192830(k)(2) ....................... 23-312830(k)(7)(B) ................... 23-312830(k)(8)(A)................... 23-312830(l)(1) ........................ 23-272830(l)(3) ............. 23-27, 23-372830(l)(4) ........................ 23-272830(l)(5) ........................ 23-372830(l)(5)(A) ................... 23-332830(l)(5)(B) .................... 23-332830(l)(5)(C) ................... 23-342830(l)(5)(D) ................... 23-362830(l)(5)(E) .................... 23-363010 ............................... 26-143010(d) ........................... 19-383010(d)(3) ....................... 19-393110 ............................... 23-403110(c)(4)................. 23-4, 23-93230 ............................... 44-764511 ............................... 19-39IM-2310-2(b)(3) .............. 23-14IM-2210-3 ............... 23-4, 23-9IM-2210-5 ........... 19-42, 19-43IM-2210-6.18 ................... 23-6




Notices to Members

94-16 (Mar. 1994) ....................................................... 23-12, 23-1595-80 (Sept. 26, 1995) ...................................... 23-12, 23-13, 23-2097-50 (Aug. 1997)................................................................... 23-2697-89 (Dec. 1997) ....................................................... 23-38, 23-3998-75 (Sept. 1998) ................................ 23-27, 23-32, 23-33, 23-34,

................................................................. 23-35, 23-36, 23-3799-45 (June 1999)................................................................... 26-1499-55 (July 1999)........................ 23-27, 23-34, 23-36, 23-37, 23-3800-21 ..................................................................................... 19-4301-23 (Apr. 2001) ........................................................ 23-22, 23-2302-85 (Dec. 2002) ....................................................... 23-16, 23-1703-47 (Aug. 2003)................................................................... 23-1703-50 (Sept. 2003) .................................................................... 16-404-30 (Apr. 2004) ................................................................... 23-2405-04 (Jan. 2005) ................................................................... 23-3106-05 ..................................................................................... 19-42

News Releases

Sept. 10, 2002NASD’s NAC Fines and Suspends Broker andOrders Restitution for Unsuitable Sales of Over $2.1 Million of Class B Mutual Fund Shares ................... 23-21

June 25, 2003NASD Brings Enforcement Action for Class B Mutual Fund Shares Sales Abuses and IssuesInvestor Alert on Class B Shares ..................................... 23-21

Aug. 12, 2003NASD Files Enforcement Action Involving Unsuitable Sales of Mutual Funds ..................................................... 23-21

Sept. 16, 2003NASD Fines Morgan Stanley $2 Million for Prohibited Mutual Fund Sales Contests............................................ 23-37

Nov. 3, 2003SEC and NASD Announce Actions as a Resultof Findings of ‘Breakpoint’ Overcharges onMutual Fund Transactions .............................................. 23-18

Nov. 17, 2003NASD Charges Morgan Stanley with Giving Preferential Treatment to Certain Mutual Funds in Exchange forBrokerage Commission Payments........................ 23-32, 44-20,............................................................................ App. 44A-22

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Feb. 12, 2004SEC/NASD, Fifteen Firms to Pay Over $21.5 Millionin Penalties to Settle SEC and NASD Breakpoints Charges ............................................ 23-18

Feb. 19, 2004 NASD Fines State Street Research Investment Services $1 Million for Market Timing Supervision Violations............................................................. App. 44A-18

Feb. 26, 2004 NASD Fines AXA Advisors $250,000 for Failure to Waive Sales Charges on Customers’ Mutual Funds Transfers ............. 23-20

Apr. 12, 2004 NASD Fines Long Island Brokerage Firm David Lerner Associates $100,000 for Prohibited Mutual Fund and Variable Product Sales Contests .................................................... 23-37

June 2, 2004 NASD Fines Davenport & Co. in First Case of Deceptive Market Timing in Variable Annuities ................... App. 44A-18

Aug. 19, 2004 NASD Orders First-Ever Suspension of Mutual Fund Business and $600,000 in Sanctions Against National Securities Corp. for Deceptive Market Timing Practices ................. App. 44A-18

Dec. 22, 2004 Edward Jones to Pay $75 Million to Settle Revenue Sharing Charges..................................................... 44-20, App. 44A-21

Feb. 16, 2005 NASD Charges American Funds Distributors, Inc. with Arranging $100 Million in Directed Brokerage Commissions for Top Sellers of American Funds ........................ App. 44A-19

Feb. 22, 2005 NASD Fines Quick & Reilly, Piper Jaffray $845,000 for Directed Brokerage Violations ................... 44-20, App. 44A-23

June 8, 2005 NASD Charges 15 Firms with Directed Brokerage Violations, Imposes Fines Totaling More than $34 Million ............................................... 44-20, App. 44A-23

Oct. 3, 2005 NASD Fines First Allied Securities over $400,000, Orders more than $325,000 in Restitution for Market Timing Violations ................................................ App. 44A-18

Oct. 3, 2005 NASD Fines Janney Montgomery Scott $1.2 Million for Market Timing and Other Violations; Orders Restitution of Nearly $1 Million...................................... 44-17, App. 44A-18




Oct. 3, 2005 NASD Orders ING Funds Distributor to Pay $1.5 Million Fine, $1.4 Million in Restitution for Permitting Improper Market Timing ...................................................... 44-18, App. 44A-18

Oct. 10, 2005NASD Charges 8 Firms with Directed Brokerage Violations, Imposes Fines Totaling More Than $7.75 Million ............................................ 44-20, App. 44A-23

Dec. 1, 2005NASD Fines Ameriprise Financial Services $12.3 Million for Directed Brokerage Violation................ 44-20, App. 44A-20

Dec. 13, 2005 NASD Orders Chase Investment Services to Pay more than $290,000 for Permitting Hedge Fund toMarket Time Mutual Fund Shares........................ App. 44A-18

Feb. 14, 2006NASD Orders Diversified Investors Securities toPay Over $2.2 Million for FacilitatingMarket Timing..................................................... App. 44A-18

Apr. 5, 2006 NASD Fines AIG Affiliate American General Securities, Inc. Over $1.1 Million for Directed Brokerage Violations.................................. 44-19, App. 44A-20

Apr. 6, 2006 NASD Charges A.B. Watley and Former Brokers with Facilitating Mutual Fund Late Trading and Market Timing of Hedge Funds ......................................... 44-12, App. 44A-19

Aug. 9, 2006NASD Fines Four ING Broker-Dealers $7 Million forDirected Brokerage Violations ................... 44-19, App. 44A-23

Aug. 28, 2006 Prudential Securities, Inc. Ordered to Pay Regulators $600 Million to Resolve Fraud, Other Charges Relating to Improper Market Timing ................................. App. 44A-19

Aug. 30, 2006 NASD Hearing Panel Fines American Funds Distributors $5 Million for Directed Brokerage Violations.............................44-19, App. 44A-19, App. 44A-20

Oct. 25, 2006 NASD Fines Hedge Fund Manager $2.25 Million for Deceptive Market Timing in Variable Annuities ..................................... 44-18, App. 44A-19

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Feb. 15, 2007NASD Charges Two Former Prudential Brokers with Facilitating Hedge Fund Manager ’s Deceptive MarketTiming in Variable Annuities ............................... App. 44A-19

July 11, 2007 In First Case of Its Kind, NASD Charges Former Securities America Broker with Misleading Union Retirement Plans about Receipt of More Than $280,000 in Improper Directed Brokerage Commissions, Other Payments ............ App. 44A-22

Nov. 29, 2007 FINRA Orders Rafferty Capital Markets to Pay Over $400,000 for Supervisory Failures Involving Late Trading Deceptive Market Timing by Firm’s Hedge Fund .................. App. 44A-19

Feb. 21, 2008 Oppenheimer & Co. to Pay $4.5 Million to Settle FINRA Market Timing Charges............................ App. 44A-19

Feb. 28, 2008 FINRA Settles with Five Firms for SupervisoryFailures, Improper Mutual Fund Sales to More than5,300 Households; Tens of Millions of Dollars to beReturned to Customers ................................................... 23-21

Feb. 12, 2009 FINRA Fines Wachovia Units More Than$4.5 Million for Failures Relating to Trust and Mutual Fund Sales .......................................................... 23-21

Mar. 23, 2009 FINRA Fines 25 Firms More Than $2.1 Million for Failures in Mutual Fund Breakpoint Review, Other Violations.............................................................. 23-18




UNIFORM COMMERCIAL CODE

Article 8

art. 8 .................................10-5§ 102 .................................10-8§ 103 .................................10-8

§ 501................................. 10-8§ 511................................. 10-8

RESTATEMENTS

Restatement (Second) of Agency

§ 382 (1958) ....................27-28§ 383 (1958) ....................27-36§ 385 (1958) ....................27-36§ 387 (1958) ....................27-36

§ 388 (1958)......... 12-57, 27-28§ 395 (1958).................... 27-36§ 411 (1958).................... 27-37

Restatement (Third) of Agency

§ 8.01 ..............................12-57

Restatement (Second) of Trusts

§ 172 (1959) ....................27-28§ 173 (1959) ....................27-28

§ 177 (1959).................... 27-28

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