| A# |
5911 |
| P&S #: |
5481 |
| DATE: |
October 7, 2004 |
| TO: |
ALL PARTICIPANTS |
| ATTENTION: |
MANAGER MUTUAL FUNDS OPERATIONS, MANAGER DATA PROCESSING, MANAGER CASHIERS, MANAGER P&S DEPARTMENT |
FROM: |
DISTRIBUTION SERVICES - MUTUAL FUNDS |
SUBJECT: |
REVISIONS TO ADDENDUM A (FEE STRUCTURE) TO NSCC'S RULES SR-NSCC-2004-06 |
National Securities Clearing Corporation ("NSCC" or “the Corporation”) has filed a rule change with the Securities and Exchange Commission ("SEC") pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934.
The proposed rule change amends Addendum A of NSCC’s Rules: (i) to delete fees for PC Data Entry, a web interface that is no longer offered by NSCC, and (ii) to incorporate revised fees for Mutual Fund Services that were previously approved by the SEC and for which members were previously notified by Important Notice A#5861/P&S#5431, dated July 20, 2004.
Please contact your Relationship Manager with any questions or concerns regarding these changes to the fee schedule.
The full text of the rule change (SR-NSCC-2004-06) as well as the NSCC Important Notice referred to above may be obtained by visiting our web site at www.nscc.com. Written comments on the proposed rule change filing may be addressed to Lisa T. Siebold, Assistant Secretary, National Securities Clearing Corporation, 55 Water Street, New York, New York 10041, and your comments will be forwarded to the SEC. You may also address your written comments to the Secretary of the Commission, Securities and Exchange Commission, 450 Fifth Street NW, Washington, D.C. 20549. We request that you provide NSCC with a copy of your comments.
Questions regarding this notice may be directed to Carol Jameson at (212) 855-3213.
Carol A. Jameson
Senior Counsel