A#

5862

P&S #:

5432

DATE:

July 21, 2004

TO:

ALL PARTICIPANTS

ATTENTION:

MANAGING PARTNER/OFFICER, OPERATIONS PARTNER/OFFICER, DIRECTOR OF OPERATIONS, MANAGER CUSTOMER ACCOUNT TRANSFER DEPARTMENT, MANAGER MARGIN DEPARTMENT, DATA PROCESSING MANAGER
FROM: Bill Kapogiannis
SUBJECT: Mandate of ACATS Nonstandard Transfers - September 2004

* REMINDER *

Mandate of ACATS Nonstandard Transfers 

NSCC’s Important Notice A5815, P&S 5385 dated May 4, 2004, announced the regulatory mandate of ACATS nonstandard transfers types.  This notice serves as a reminder to the effective dates.

The NYSE has established an effective date of September 12, 2004.  Please refer to NYSE informational memo number 04-20 dated April 8, 2004 for a detailed explanation of Rule 412 amendments.   

The NASD has established an effective date of September 20, 2004.  Please refer to Securities and Exchange Commission File No. SR-NASD 2004-058 dated March 31, 2004.

The mandated nonstandard transfer types are as follows:

Additional Information

Complete versions of all ACATS file formats can be obtained from NSCC’s ACATS web site http://acats.nscc.com and NSCC’s file formats web site http://formats.nscc.com in the appropriate ACATS section.  A copy of this Important Notice can be obtained from NSCC’s web site http://www.nscc.com in the Important Notice section.  ACATS Important Notices can also be obtained from NSCC’s ACATS web site http://acats.nscc.com in the Important Notice section.  If you have any questions regarding the nonstandard transfer mandate, please contact your DTCC Relationship Manager at (212) 855-4155, or the undersigned at (212) 855-5667.

Bill J. Kapogiannis
Director
Product Marketing and Development