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| DOCUMENT: | CL | 12 |
| Sullivan & Cromwell |
| DATE: | 12/14/94 | FR PAGE: | N/A | PAGES: | 11 |
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| DOCUMENT: | CL | 13 |
| Board of Trade Clearing Corporation |
| DATE: | 12/14/94 | FR PAGE: | N/A | PAGES: | 29 |
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| DOCUMENT: | CL | 14 |
| Morgan Stanley |
| DATE: | 12/15/94 | FR PAGE: | N/A | PAGES: | 3 |
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| DOCUMENT: | CL | 15 |
| Philadelphia Stock Exchange |
| DATE: | 12/12/94 | FR PAGE: | N/A | PAGES: | 4 |
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| DOCUMENT: | CL | 16 |
| Futures Industry Association (Page 3 Changed 01/13/95) |
| DATE: | 12/20/94 | FR PAGE: | N/A | PAGES: | 9 |
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| DOCUMENT: | CL | 17 |
| Chicago Mercantile Exchange |
| DATE: | 12/20/94 | FR PAGE: | N/A | PAGES: | 15 |
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| DOCUMENT: | CL | 18 |
| National Futures Association |
| DATE: | 12/28/94 | FR PAGE: | N/A | PAGES: | 2 |
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| DOCUMENT: | CL | 19 |
| Managed Futures Association |
| DATE: | 1/4/95 | FR PAGE: | N/A | PAGES: | 3 |
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