[Federal Register Volume 60, Number 122 (Monday, June 26, 1995)]
[Pages 33017-33018]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-15503]


[Investment Company Act Release No. 21142; 811-6470]

Smith Barney Shearson FMA Trust; Notice of Application

June 19, 1995.
Agency: Securities and Exchange Commission (``SEC'').

Action: Notice of Application for Deregistration under the Investment 
Company Act of 1940 (the ``Act'').


Applicant: Smith Barney Shearson FMA Trust.

Relevant Act Section: Section 8(f).

Summary of Application: Applicant requests an order declaring it has 
ceased to be an investment company.

Filing Date: The application was filed on May 24, 1995.

Hearing or Notification of Hearing: An order granting the application 
will be issued unless the SEC orders a hearing. Interested persons may 
request a hearing by writing to the SEC's Secretary and serving 
applicant with a copy of the request, personally or by mail. Hearing 
requests should be received by the SEC by 5:30 p.m. on July 17, 1995, 
and should be accompanied by proof of service on the applicant, in the 
form of an affidavit or, for lawyers, a certificate of service. Hearing 
requests should state the nature of the writer's interest, the reason 
for the request, and the issues contested. Persons may request 
notification of a hearing by writing to the SEC's Secretary.

Addresses: Secretary, SEC, 450 Fifth Street, NW., Washington, DC 20549. 
Applicant, 388 Greenwich Street, New York, New York 10013.

For Further Information Contact: Diane L. Titus, Paralegal Specialist, 
at (202) 942-0584, or C. David Messman, Branch Chief, at (202) 942-0564 
(Division of Investment Management, Office of Investment Company 

Supplementary Information: The following is a summary of the 
application. The complete application may be obtained for a fee from 
the SEC's Public Reference Branch.

Applicant's Representations

    1. Applicant is an open-end management investment company organized 
as a business trust under the laws of the Commonwealth of 
Massachusetts. On November 11, 1991, applicant registered under the 
Act, and on November 12, 1991, applicant filed a registration statement 
under section 8(b) of the Act and under the Securities Act of 1993. 
Applicant's Registration Statement became effective on January 24, 
1992. [[Page 33018]] 
    2. Applicant never made a public offering of its shares. 
Applicant's only shareholder was its sponsor, Shearson Lehman Brothers, 
which invested $100,000 in applicant as initial capital.
    3. The Trustees of applicant, including the Trustees who are not 
interested persons, unanimously approved a Plan of Dissolution, 
Liquidation and Termination (the ``Plan'') providing for the 
dissolution of applicant, the liquidation of the applicant's assets and 
the distribution of all proceeds of such liquidation. Applicant's sole 
shareholder approved the Plan on July 21, 1994. Pursuant to the Plan, 
applicant's net assets were distributed in cash to applicant's sole 
    4. No expenses of the Plan were borne by the shareholders of 
applicant. All such expenses were borne by applicant's adviser and 
administrator. Applicant has no known debts or other liabilities which 
remain outstanding.
    5. Applicant has no shareholders and no assets. Applicant is not a 
party to any litigation or administrative proceeding. Applicant is not 
engaged in, nor does it propose to engage in, any business activities 
other than those necessary to wind up its affairs. Applicant intends to 
file a Certificate of Cancellation with the Commonwealth of 
Massachusetts to terminate its existence.

    For the SEC, by the Division of Investment Management, under 
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 95-15503 Filed 6-23-95; 8:45 am]