Memo #
4266

CHICAGO BOARD OPTIONS EXCHANGE PROPOSAL TO LIST OPTIONS ON CLOSED-END COUNTRY FUNDS

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November 19, 1992 TO: CLOSED-END FUND COMMITTEE NO. 30-92 RE: CHICAGO BOARD OPTIONS EXCHANGE PROPOSAL TO LIST OPTIONS ON CLOSED-END COUNTRY FUNDS __________________________________________________________ The Chicago Board Options Exchange ("CBOE") has filed a request with the SEC for approval to list options on shares of two closed-end funds: the Brazil Fund and the Growth Fund of Spain. The shares of these funds trade on the New York Stock Exchange. The SEC has published the attached release soliciting comment on the CBOE’s proposal. Comments on the CBOE’s proposal are due by December 4, 1992. Please provide me with your comments on the proposal for possible inclusion in an Institute letter by November 30, 1992. My direct number is 202/955-3523. Amy B.R. Lancellotta Associate Counsel Attachment

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