98-25055. Issuer Delisting; Notice of Application to Withdraw From Listing and Registration; (Municipal Mortgage and Equity, LLC, Growth Shares, No Par Value) File No. 1-11981  

  • [Federal Register Volume 63, Number 181 (Friday, September 18, 1998)]
    [Notices]
    [Page 49936]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-25055]
    
    
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    SECURITIES AND EXCHANGE COMMISSION
    
    
    Issuer Delisting; Notice of Application to Withdraw From Listing 
    and Registration; (Municipal Mortgage and Equity, LLC, Growth Shares, 
    No Par Value) File No. 1-11981
    
    September 14, 1998.
        Municipal Mortgage and Equity, LLC (``Company'') has filed an 
    application with the Securities and Exchange Commission 
    (``Commission''), pursuant to Section 12(d) of the Securities Exchange 
    act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to 
    withdraw the above specified security (``Security'') from listing and 
    registration on the American Stock Exchange, Inc. (``Amex'' or 
    ``Exchange'').
        The reasons cited in the application for withdrawing the Security 
    from listing and registration include the following:
        The Security of the Company is listed for trading on the Amex and 
    the New York Stock Exchange, Inc. (``NYSE''). Trading in the Company's 
    Security on the NYSE commenced at the opening of business on June 25, 
    1998, and concurrently, the Security was suspended form trading on the 
    Amex.
        The Company has complied with Rule 18 of the Amex by filing with 
    the Exchange a certified copy of the resolutions adopted by the 
    Company's Board of Directors authorizing the withdrawal of the Security 
    from listing on the Amex and by setting forth in detail to the Exchange 
    the reasons for the proposed withdrawal. In making the decision to 
    withdraw its Security from listing on the Amex, the Company considered 
    its plan for financing future funding requirements and expanding 
    awareness of the Company in the investment community.
        The Exchange informed the Company that it has no objection to the 
    withdrawal of the Security form listing on the Amex.
        The application relates solely to the withdrawal of the Security 
    from the Amex and has no effect upon the continued listing of the 
    Security on the NYSE.
        By reason of Section 12 of the Act, the Company continues to be 
    obligated to file reports under Section 13 of the Act with the 
    Commission and the NYSE.
        Any interested person may, on or before October 5, 1998, submit by 
    letter to the Secretary of the Securities and Exchange Commission, 450 
    Fifth Street, NW, Washington, DC 20549, facts bearing upon whether the 
    application has been made in accordance with the rules of the Exchange 
    and what terms, if any, should be imposed by the Commission for the 
    protection of investors. The Commission, based on the information 
    submitted to it, will issue an order granting the application after the 
    date mentioned above, unless the Commission determines to order a 
    hearing on the matter.
    
        For the Commission, by the Division of Market Regulation, 
    pursuant to delegated authority.
    Jonathan G. Katz,
    Secretary.
    [FR Doc. 98-25055 Filed 9-17-98; 8:45 am]
    BILLING CODE 8010-01-M
    
    
    

Document Information

Published:
09/18/1998
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
98-25055
Pages:
49936-49936 (1 pages)
PDF File:
98-25055.pdf