[Federal Register Volume 60, Number 153 (Wednesday, August 9, 1995)]
[Notices]
[Page 40624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-19665]



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DEPARTMENT OF LABOR
[Prohibited Transaction Exemption 95-56]


Mellon Bank, N.A., and its Affiliates (Mellon)

AGENCY: Department of Labor.

ACTION: Notice of Technical Correction.

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    On July 12, 1995, the Department of Labor (the Department) 
published in the Federal Register (60 FR 35933) an individual exemption 
which permits: (1) the purchase and sale of securities, including the 
common stock of Mellon Bank Corporation (MBC Stock), between various 
Indexed Accounts, as defined therein, which are sponsored, maintained, 
trusteed, or managed by Mellon; (2) the purchase and sale of 
securities, including MBC Stock, between Indexed Accounts and various 
large accounts (the Large Accounts), as defined therein, pursuant to 
portfolio restructuring programs for the Large Accounts; and (3) the 
acquisition, holding or disposition of MBC Stock by Indexed Accounts 
for the purpose of maintaining strict quantitative conformity with the 
relevant index upon which the Indexed Account is based.
    With respect to Section IV(e), the first full sentence in the 
second column on 60 FR 35935, relating to the definition of a ``Large 
Account'' for purposes of the exemption, should read as follows:
    ``. . . As noted in Section I(h)(4), a ``Large Account'' shall only 
be an account . . . etc.''

FOR FURTHER INFORMATION CONTACT: Mr. E.F. Williams, of the Department, 
at (202) 219-8194.

    Signed at Washington, D.C., this 4th day of August, 1995.
Ivan L. Strasfeld,
Director, Office of Exemption Determinations, Pension and Welfare 
Benefits Administration.
[FR Doc. 95-19665 Filed 8-8-95; 8:45 am]
BILLING CODE 4510-29-P