Erratum to Initial Decision

In the Matter of
John J. Kenny and
Nicholson/Kenny Capital Management, Inc.

ADMINISTRATIVE PROCEEDING
FILE NO. 3-9611

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
August 9, 1999

                                 :
                                 :
    In the Matter of             :
                                 :
                                 :      ERRATUM
     JOHN J. KENNY and           :  
                                 :
ERRATUM NICHOLSON/KENNY CAPITAL  :
                                 :
      MANAGEMENT, INC.           :
                                 :
                                 :

The words "Sections 206 and 207" appearing in Section VI, paragraph one (1) of Initial Decision Release No. 147, issued on August 6, 1999, should read "Section 206." The paragraph should now read as follows:

IT IS ORDERED that, pursuant to Section 8A of the Securities Act of 1933, Sections 19(h) and 21C of the Securities Exchange Act of 1934, and Sections 203 (f) and (k) of the Investment Advisers Act of 1940, John J. Kenny shall cease and desist from committing or causing any violations or future violations of Section 10(b) of the Securities Exchange Act of 1933 and Rule 10b-5 thereunder, Section 17(a) of the Securities Act of 1933, and Section 206 of the Investment Advisers Act of 1940.

Stephen L. Grossman

Administrative Law Judge

http://www.sec.gov/litigation/aljdec/id147a.htm