From: Repp, Gordon (US) [Gordon.Repp@am.joneslanglasalle.com]
Sent: Thursday, August 08, 2002 4:02 PM
To: rule-comments@sec.gov
Subject: File No. S7-31-02

Mr. Katz,

Release No. 34-46313 dated August 6, 2002 did not clearly address the 
issue of how to handle the reporting of transactions that qualified 
for Form 5 filing pursuant to Rule 16a-3(f) that have already taken 
place.  It would appear, based on the August 29 effective date, that 
these transactions could still be reported on a Form 5 within 45 days 
from a fiscal year end, but guidance in the final rules would be 
greatly appreciated.

Regards, Gordon

Gordon G. Repp
Assistant Global General Counsel and Assistant Secretary
Jones Lang LaSalle Incorporated
200 East Randolph Drive
Chicago, Illinois 60601
312-228-2755 fax 2277
gordon.repp@am.joneslanglasalle.com