[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