Are these things tradeable by small investors..or just institutions?

--- In [email protected], "Lionel Issen" <[EMAIL PROTECTED]> wrote:
>
> This site show a request for a change in regulations for basket 
linked
> notes. As the name implies these seem to be a basket of linked 
securities,
> they may seem to be similar to ETFs but they are different.
> 
>  
> 
> http://www.sec.gov/rules/sro/phlx/2007/34-55173.pdf 
> 
>  
> 
> I found this site by doing a search for basket linked securities. 
If you
> find out anything interesting please post it.
> 
>  
> 
> Lionel
> 
>  
> 
> From: [email protected] [mailto:quotes-
[EMAIL PROTECTED] On
> Behalf Of investor0329
> Sent: Friday, February 16, 2007 8:21 PM
> To: [email protected]
> Subject: [quotes-plus] Basket Linked Note? anyone know what they 
are?
> 
>  
> 
> During my search for tickers missing in QP I came across a whole 
> class of items on Amex that don't seem to be in QP...and indeed, 
> they, perhaps, should not be. A lot of these have the word 'note' 
in 
> their description and in my search I've chanced upon the 
term 'basket 
> linked notes'.. they apparently trade like ETFs but are for 
> institutional investors..or appear to be.
> 
> Is anyone familiar with what these are?
> 
> Below are just of few of scores of these I found at the Nasdaq.com 
> site which has ticker lists for the nasdaq, amex and nyse....
> 
> MARKET PARTICIPATION NOTES JPL.B
> MARKET PARTICIPATION NOTES ON THE S&P 500 INDEX JPL.F
> MEDIUM TERM NOTES LINKED TO S&P 500 INDEX GSN.B
> MEDIUM TERM NOTES LINKED TO S&P 500 INDEX GSN.C
> MEDIUM TERM NOTRS LINKED TO S&P 500 INDEX GSN.D
> 
> These apparently trade on the Amex.
> 
>  
> 
> 
> 
> [Non-text portions of this message have been removed]
>


Reply via email to