From: Terri Pantalione [Terri@Cumber.com]
Sent: Thursday, August 01, 2002 11:47 AM
To: rule-comments@sec.gov
Subject: File No. S7-28-02

When the final rules on custody are published, could you please 
clarify how the rule applies in situations when an IA rep of an 
advisor is the TRUSTEE of a TRUST or Executor of an estate?