Memo #
8383

SUMMARY OF EMERGING MARKETS ROUNDTABLE - OCTOBER 16, 1996

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November 7, 1996 TO: ACCOUNTING/TREASURERS COMMITTEE No. 44-96 RE: SUMMARY OF EMERGING MARKETS ROUNDTABLE - OCTOBER 16, 1996 ______________________________________________________________________________ Enclosed please find the summary of the Emerging Markets Roundtable discussion that took place on October 16, 1996. Please note that the information contained in this summary was provided by the call participants and has not been verified by the ICI. This information should not be relied upon as fact. Questions concerning this summary or the activities of the Securities Operations Subcommittee may be directed to the undersigned at 202/326-5847. Diane M. Butler Director - Operations & Fund Custody Enclosure

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