Client  Management Advisory Notices
To Back Office Managers and ATOM Personnel
From Client Management Operations
Subject Reconciling ATOM Discrepancies
Notice Date 2004-06-28
Notice Number CMO0053
Effective Date  

In response to several recent firm and broker inquiries, this notice has been written to:

· Clarify how the various give-up transaction types are processed in the ATOM™ application

· Explain the reasons for month-end negative brokerage balances

· Answer some commonly asked questions

Please view the attached notice for more information.

Thank you.