BY EMAIL
[13947]
September 14, 2001
TO: BOARD OF GOVERNORS No. 46-01
RE: WEEKEND COMMUNICATIONS, SEPTEMBER 15 AND 16, 2001
As you may know, on Saturday, September 15, 2001 the NYSE and Nasdaq plan to test
communication systems between the two markets, their participant firms and the Depository
Trust & Clearing Corporation in order to identify and correct difficulties prior to the markets
reopening on Monday, September 17th. Information regarding the scope of the test can be found
at www.nasdaqtrader.com.
Throughout the weekend we will update the ICI’s member website, members.ici.org, with
information we believe is important to members. ICI’s website will be linked to the websites
that provide information regarding the securities markets tests.
The Institute will have a small staff in the office on Saturday, September 15th beginning at 9:00
AM through at least 3:00 PM to monitor the tests. Depending on the results of the tests, we
have also made arrangements to have a small staff in the office on Sunday, September 16th to
assist members with questions. If you need to reach someone in the Institute please call one of
the following numbers.
Donald Boteler, VP Operations 202-326-5845
Larry Maffia, Senior Vice President 202-326-5857
Craig Tyle, General Counsel 202-326-5815
ICI Switchboard 202-326-5800
Security in and near the Institute’s offices is quite tight and is subject to change without notice
because we are located near the White House. It is possible that during the weekend conditions
may change such that we will not be able to occupy our offices. If this occurs you can reach
senior ICI staff members at their homes. Telephone numbers are attached to this memo. You
also should be able to reach us via e-mail; our e-mail addresses are included in the attachment.
If you have questions or concerns regarding mutual funds’ ability to transact business on
Monday, September 17th please contact one of us.
Matthew P. Fink
President
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