May 8, 1997
TO: OPERATIONS COMMITTEE No. 14-97
PRIMARY CONTACTS - MEMBER COMPLEX No. 27-97
TRANSFER AGENT ADVISORY COMMITTEE No. 20-97
RE: TREASURY DESIGNATION OF INDIVIDUALS AND ENTITIES AS BLOCKED
PERSONS
______________________________________________________________________________
Under Executive Order 12978, the Treasury Department’s Office of Foreign Assets
Control on April 17, 1997 added additional names to the list designating individuals and
entities as blocked persons. The designation of these entities and individuals means that all
assets within the control of US persons, including investment companies, need to be blocked
immediately.
Attached is a brochure incorporating the new names, which the Treasury Department
has asked the Institute to disseminate to members.
Mary S. Podesta
Associate Counsel - International
Attachment