Securities and Exchange Commission Request
To All Securities-Related Entities:
Washington, DC, October 18, 2001 -- The Securities andExchange Commission today asked all securities-relatedentities (whether or not registered with the SEC) tocooperate voluntarily with law enforcement authorities intheir ongoing investigations in the wake of the recentterrorist attacks on this country. Over the last month,brokers, dealers, investment advisers, investment companies,transfer agents, exchanges and other self-regulatoryorganizations and industry groups have been asked to reviewtheir records and work with law enforcement officials toidentify any transactions or relationships with certainindividuals or entities that have been identified by the FBIand other law enforcement agencies. To facilitate theseefforts, we, along with other financial regulators, haveworked with law enforcement officials on a mechanism thatwill assure the expeditious distribution of a unified listof individuals and entities to a broad range of financialinstitutions. This list will be referred to as the ControlList. Because the Control List contains confidentialinformation, we ask that you disseminate the informationwithin your institution only on a need-to-know basis. Underno circumstances should the Control List or the informationcontained in it be disseminated outside your institution.
Law enforcement officials will provide the Control Listto the SEC. We will, in turn, send your institution a copyof the Control List through e-mail. We will also sendelectronic updates to the list on a regular basis.Identical Control Lists (and updates) will also bedisseminated by the Federal Reserve Bank of New York tobanking institutions and by the Commodities Futures TradingCommission to futures commission merchants. We need yourimmediate help in starting this system. We request that youdesignate a senior-level individual within your firm whoappreciates the sensitive nature of the investigation andwill exercise appropriate discretion to be the point personfor all communications relating to the Control List. Pleaseprovide this person's name, title, telephone number and,most importantly, e-mail address by Friday, October 26,2001. Please send this information to the following e-mailaddress: Enf-Search@sec.gov
Once this information is received, the Control Listwill be distributed, and your firm will be asked voluntarilyto check its records to determine whether any of theindividuals or entities on the Control List have or have hadany transactions or relationships with your firm in theUnited States or elsewhere.
If your firm identifies any transaction or relationshipwith any of the individuals or entities, you are requested tosend an e-mail message promptly to Enf-Search@sec.govindicating that you have a positive response and the natureof the information. Following that, the SEC will contactyour firm's point person and arrange for receipt of relevantaccount, trading and other information from your firm.
Please note the following:
We thank you for all of your efforts in this mostimportant endeavor. Any questions concerning this voluntaryrequest should be directed to Enf-Search@sec.gov or (202)942-4806.