-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HK7Hna2XzUhmW85C9Td1zawocdyeiv5VnQlwUVSylpZeCWkJ0+BTAvqgR8MbTc3/ 1nRjvXVKwnio8x/BgrlU8w== 0000000000-06-033954.txt : 20061107 0000000000-06-033954.hdr.sgml : 20061107 20060720145523 ACCESSION NUMBER: 0000000000-06-033954 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060720 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANCEBERNSTEIN HOLDING L.P. CENTRAL INDEX KEY: 0000825313 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 133434400 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1345 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2129691000 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCE CAPITAL MANAGEMENT HOLDING LP DATE OF NAME CHANGE: 19991101 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCE CAPITAL MANAGEMENT LP DATE OF NAME CHANGE: 19961231 LETTER 1 filename1.txt July 20, 2006 Mail Stop 4561 By U.S. Mail and facsimile to (212) 969-2386 Robert H. Joseph, Jr. Senior Vice President and Chief Financial Officer AllianceBernstein Holding L.P. 1345 Avenue of the Americas New York, New York 10105 Re: AllianceBernstein Holding L.P. Form 10-K filed February 24, 2006 File No. 001-09818 Dear Mr. Joseph: We have reviewed your response letter dated June 9, 2006 and have the following comments. Where indicated, we think you should revise your document in future filings in response to these comments. If you disagree, we will consider your explanation as to why our comment is inapplicable or a revision is unnecessary. Please be as detailed as necessary in your explanation. Please understand that the purpose of our review process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comments or any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. To the extent the following comments are applicable to AllianceBerstein L.P., File Number 000-29961, they should be considered with respect to future revisions to their filings with the Commission. Form 10-K for the period ended December 31, 2005 Financial Statements of AllianceBernstein L.P. and Subsidiaries 1. We refer to your response to Comment 1. Please discuss in MD&A in your next Form 10-Q for the period ended June 30, 2006 the following: * how management gathers and analyzes its costs for decision making consistent with the recurring expenses recorded in the income statement; * how the expense classifications recorded in the income statement directly support the revenue streams reported as recurring revenues of core operations; and * why the Company considers the single-step income statement provides more useful information to investors that a multiple-step presentation under Rule 5-03 of Regulation S-X that includes separate disclosure of cost of services and non operating revenue and expenses. 2. We refer to your response to comment 2 and to the analysis of "Other revenues, net" and "Other expenses" in Attachment 1. In your next Form 10-Q for the period ended June 30, 2006 please revise the statement of income to reclassify gains on dispositions as non- operating income considering the assets generating these cash flows are no longer in the control of the Company`s and are not part of its future revenue generating core operations. * * * Closing Comments As appropriate, please respond to these comments within 10 business days or tell us when you will provide us with a response. Please furnish a cover letter with any amendment that keys your responses to our comments and provides any requested supplemental information. Detailed cover letters greatly facilitate our review. Please understand that we may have additional comments after reviewing any amendment and responses to our comments. You may contact Edwin Adames (Senior Staff Accountant) at (202) 551-3447 or me at (202) 551-3447 if your have any questions regarding these comments. Sincerely, Donald A. Walker Senior Assistant Chief Accountant AllianceBernstein Holding L.P. Robert H. Joseph, Jr. Page 1 of 3 -----END PRIVACY-ENHANCED MESSAGE-----