FOR IMMEDIATE RELEASE                             97-95



Statement of SEC Spokesman
10/27/97



"We've been in constant touch with the Federal Reserve
Board, the Treasury Department, the Commodity Futures
Trading Commission, the markets, and the broker/dealer
community.

To the best of our knowledge, there were no problems with
clearance and settlement, net capital, or margin calls.
Trading was orderly, and the markets handled the record
volume in stride."



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