---------------------- Forwarded by Marcus Nettelton/NA/Enron on 11/07/2000 
03:08 PM ---------------------------
From: Alfred Pennisi@MGUSA on 11/07/2000 08:08 AM EST
To: Marcus Nettelton/NA/Enron@ENRON
cc:  

Subject: ETS Risk Assessment Reporting Memorandum

Please review and come back to me with comments. 

tks for your prompt attention.

regards,

Alfred Pennisi
Enron Trading Services Inc
520 Madison Avenue
28th Floor
New York, NY 10022
Tel: 212.715.5845
E-mail: alfred.pennisi@enron.com


----- Forwarded by Alfred Pennisi/NYC/MGUSA on 11/07/2000 08:20 AM -----

	klarsen@mwe.com
	11/03/2000 04:25 PM
		 
		 To: alfred.pennisi@enron.com
		 cc: Alan.Aronowitz@enron.com, ppantano@mwe.com, daron@mwe.com, 
darezina@mwe.com
		 Subject: ETS Risk Assessment Reporting Memorandum




Dear Al:
As discussed, attached please find our Memorandum concerning ETS's CFTC risk
assessment reporting requirements.  Included in the Memo is a discussion of 
the
information we will need from Enron to file such report.  Thank you.

Best regards,
Kari S. Larsen
McDermott, Will & Emery
600 13th Street, N.W.
Washington, DC 20005
Ph:    (202) 756-8374
Fax:  (202) 756-8087
Email:  klarsen@mwe.com

(See attached file: ETS Risk Assessment Report Memo.doc)

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For more information on McDERMOTT, WILL & EMERY please visit our website at:
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 - ETS Risk Assessment Report Memo.doc