In its continuing effort to compel the securities industry to be ready technologically for the turn of the century, the SEC last week said it filed charges against nine transfer agents for allegedly failing to report their Y2K preparedness on new SEC forms.

Four of the transfer agents are contesting the allegations and five have settled with the SEC for allegedly failing to file all or part of a form- TA-Y2K. The form was due at the SEC by Aug. 31. The SEC alleged that the transfer agents charged had failed to file at least part of the form by Dec. 8.

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