Memorandum regarding conversation with SunGard on S7-16-01

MEMORANDUM

To: File No. S7-16-01
From: Lisa N. Jones
Date:
February 25, 2002
RE:
Customer Margin Proposals Relating to Security Futures

On February 21, 2002, the SEC had a telephone conversation with SunGard to discuss the customer margin proposal relating to security futures.

To:	File No. S7-16-01
From:	Lisa N. Jones
Date:	February 25, 2002
RE:	Customer Margin Proposals Relating to Security Futures