-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JFdYpjHmZOInAGplMu5RKc/uQ80ODuppwh3dQ9z+y5UsXVjNwxw8RkOnbWa/eHVL vFaAQtmOlGjxdg6V15vEuQ== 0000355348-02-000369.txt : 20021127 0000355348-02-000369.hdr.sgml : 20021127 20021127130148 ACCESSION NUMBER: 0000355348-02-000369 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020930 FILED AS OF DATE: 20021127 EFFECTIVENESS DATE: 20021127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FINANCIAL FUND INC CENTRAL INDEX KEY: 0000790202 IRS NUMBER: 133341573 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-04605 FILM NUMBER: 02842819 BUSINESS ADDRESS: STREET 1: GATEWAY ENTER THREE 100 MULBERRY ST CITY: NEWARK STATE: NJ ZIP: 07102-4077 BUSINESS PHONE: 2013677530 MAIL ADDRESS: STREET 1: GATEWAY CENTER THREE 100 MULBERRY STREET CITY: NEWARK STATE: NJ ZIP: 07102-4077 FORMER COMPANY: FORMER CONFORMED NAME: FIRST SAVINGS & BANKING INSTITUTIONS FUND INC DATE OF NAME CHANGE: 19860402 NSAR-A 1 answer.fil PAGE 1 000 A000000 09/30/2002 000 C000000 0000790202 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 FIRST FINANCIAL FUND, INC. 001 B000000 811-4605 001 C000000 9733671495 002 A000000 100 MULBERRY STREET, 4TH FLOOR 002 B000000 NEWARK 002 C000000 NJ 002 D010000 07102 002 D020000 4077 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 WELLINGTON MANAGEMENT COMPANY, LLP 008 B000001 A 008 C000001 801-15908 008 D010001 BOSTON 008 D020001 MA 008 D030001 02109 010 A000001 PRUDENTIAL INVESTMENTS LLC 010 B000001 811-31104 010 C010001 NEWARK 010 C020001 NJ 010 C030001 07102 010 C040001 4077 012 A000001 EQUISERVE TRUST COMPANY, N.A. 012 B000001 84-5601 012 C010001 PROVIDENCE 012 C020001 RI 012 C030001 02941 013 A000001 PRICEWATERHOUSECOOPERS LLP PAGE 2 013 B010001 NEW YORK 013 B020001 NY 013 B030001 10036 015 A000001 STATE STREET BANK AND TRUST COMPANY 015 B000001 C 015 C010001 NORTH QUINCY 015 C020001 MA 015 C030001 02171 015 E010001 X 018 000000 Y 019 A000000 N 019 B000000 0 020 A000001 SUSQUEHANNA INVESTMENT GROUP 020 B000001 N/A 020 C000001 31 020 A000002 LEHMAN BROTHERS INC. 020 B000002 13-2518466 020 C000002 31 020 A000003 FRIEDMAN BILLINGS & RAMSEY 020 B000003 52-1630477 020 C000003 26 020 A000004 CREDIT SUISSE FIRST BOSTON CORP. 020 B000004 13-5659485 020 C000004 25 020 A000005 DEUTSCHE BANC ALEX. 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F010000 0 086 F020000 0 087 A010000 COMMON STOCK 087 A020000 320228109 087 A030000 FF 088 A000000 N PAGE 10 088 B000000 N 088 C000000 N 088 D000000 N SIGNATURE GRACE TORRES TITLE TREASURER EX-99.77C VOTES 4 ff_77c.txt Exhibit Relating to Item 77(c) (Matters Submitted to a Vote of Security Holders) of Form N-SAR for First Financial Fund, Inc. (the "Fund") for the six-month period ended September 30, 2002 The Annual Meeting of the Fund's stockholders was held on August 12, 2002. The sole purpose of the Meeting was to elect two Class I Directors. The Board of Directors' nominees for election as Directors were the incumbents, Mr. Eugene C. Dorsey and Mr. Robert E. La Blanc. A group of related stockholders, the Horejsi Group, solicited to elect its own nominees, Dr. Dean Jacobson and Mr. Joel Looney. The Directors of the Fund not standing for election at the Meeting were Thomas T. Mooney, Richard I. Barr and Clay T. Whitehead. At the Meeting, the vote on the election of two Class I Directors, as independently certified by IVS Associates, Inc., was as follows: Director In Favor Withheld Robert E. La Blanc 7,817,386 187,166 Eugene C. Dorsey 7,812,470 192,082 Dr. Dean Jacobson 11,174,771 153,216 Joel Looney 11,174,771 153,216 As no nominee received the affirmative vote of a majority of the Fund's outstanding shares that is required to elect Fund Directors under the Fund's By-laws, the Fund announced that the incumbents, Messrs Dorsey and La Blanc, would continue to serve on the Board as "hold over" Directors in accordance with Maryland law until their successors are elected and qualified. See Exhibit 77(e) for information on legal proceedings related to the Meeting. Exhibit Relating to Item 77(d) (Policies with Respect to Security Investments) of Form N-SAR for First Financial Fund, Inc. (the "Fund") for the six-month period ended September 30, 2002 On May 21, 2002, the Board of Directors unanimously approved a new investment policy for the Fund in order to comply with new Rule 35d-1 under the 1940 Act (commonly known as the "names rule"). The names rule requires many funds that have names that signify certain investments to have an investment policy requiring that 80% of their assets be invested in such investments. The Fund's name includes the term "financial," which may suggest a particular type of investment. Accordingly, the Board adopted a new fundamental investment policy for the Fund as follows: 40: "Under normal circumstances, the Fund will invest at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in securities issued by finance and financial service-related companies, including savings and banking institutions, the deposits of which are insured by the Federal Deposit Insurance Corporation, securities issued by mortgage banking institutions, REITs, and consumer and industrial finance, insurance, brokerage, investment banking, asset management, and other financial service companies, as well as in the holding companies of such companies." The Fund will retain its existing industry concentration policy to invest at least 65% of its total assets in certain savings, banking and mortgage banking institutions and their holding companies. Exhibit Relating to Item 77(e) (Legal Proceedings) of Form N-SAR for First Financial Fund, Inc. (the "Fund") for the six-month period ended September 30, 2002 Subsequent to the announcement by the Fund of the results of its August 12, 2002 annual meeting of stockholders (See Exhibit 77(c) above), Badlands Trust Company ("Badlands"), as trustee of one of the members of the Horejsi Group, filed suit in United States District Court for the District of Maryland, Northern Division, on August 23, 2002 to invalidate the Fund's election By-law and to seat Messrs. Looney and Jacobson as Class I Directors of the Fund. The District Court ruled for Badlands on these matters, but the United States Court of Appeals for the Fourth Circuit stayed the effect of the District Court's ruling on September 4, 2002 until the Court of Appeals issues its decision. Pursuant to an order of the District Court dated October 21, 2002, the Fund's Board, consisting of the three Directors whose terms did not expire in 2002, may meet and conduct business until these matters are resolved. DRAFT 11/26/02 K:\MTLFUNDS\NSAR\FFF\Sem_0902\FF--2002 NSAR Exhibits.DOC DRAFT 11/26/02 K:\MTLFUNDS\NSAR\FFF\Sem_0902\FF--2002 NSAR Exhibits.DOC DC-546883 v1 0302663-201 EX-99.C6 OTHER OPIN 5 cerf.txt First Financial Fund, Inc. Semi-Annual period ending 09/30/02 File No. 811-4605 Exhibit 77Q3 (a) (i) The registrant's disclosure controls and procedures have been evaluated as of a date within 90 days of the filing date of the report and are deemed to be reasonably designed to achieve the purposes described in rule 30a-2(c) under the Investment Company Act. (ii) There have been no significant changes in the registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation. (iii) CERTIFICATIONS I, Thomas T. Mooney, certify that: 1. I have reviewed this report on Form N-SAR of Strategic Partners Opportunity Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; and 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: November 25, 2002 /s/Thomas T. Mooney__ Thomas T. Mooney President First Financial Fund, Inc. Semi-Annual period ending 09/30/02 File No. 811-4605 Exhibit 77Q3 (a) (i) The registrant's disclosure controls and procedures have been evaluated as of a date within 90 days of the filing date of the report and are deemed to be reasonably designed to achieve the purposes described in rule 30a-2(c) under the Investment Company Act. (ii) There have been no significant changes in the registrant's internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation. (iii) CERTIFICATIONS I, Grace C. Torres, certify that: 1. I have reviewed this report on Form N-SAR of Strategic Partners Opportunity Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; and 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: November 26, 2002 /s/Grace C. Torres___________ Grace C. Torres Treasurer and Principal Financial and Accounting Officer T:\CLUSTER 4\N-SARs\Opportunity Funds\2002\Odenath.Torres Cert. conf..doc K:\MTLFUNDS\NSAR\FFF\Sem_0902\Mooney.Torres Cert. conf. 11-02.doc -----END PRIVACY-ENHANCED MESSAGE-----