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Circular No. 11394
November 6, 2001

SEC ACTION AGAINST ROBERT L. BENTLEY, BENTLEY FINANCIAL SERVICES, AND ENTRUST GROUP

To All Depository Institutions and Others Concerned in the Second Federal Reserve District:

In a Supervisory Letter, the Federal Reserve Board reports an enforcement action by the Securities and Exchange Commission against, and the freezing of assets of, Robert L. Bentley and his companies, Entrust Group and Bentley Financial Services. Questions on the matter may be directed to the persons named in the Supervisory Letter.

James K. Hodgetts
Senior Vice President