Collins Securities Corporation 400 Tower Building Fourth & Center Streets Little Rock, Arkansas 72201

TO: All NASD Members

ATTN: Operations Officer, Cashier, Fail-Control Department

On September 4, 1985, the Federal District Court for the Eastern District of Arkansas appointed a SIPC Trustee for the above captioned firm.

Please refer to Notice to Members 85-28 regarding the previous appointment of a Temporary Receiver.

Questions regarding the firm should be directed to:

SIPC Trustee

Harvey L. Bell, Esquire
Bell, Bilheimer & Associates, P. A.
902 West Second Street
Little Rock, Arkansas 72201
Telephone: (501) 376-1600