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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (2305)	9/22/1999 1:55:00 PM
From: Kaye Thomas	Read Replies (3) \| Respond to of 5810

Employee stock purchase plans (ESPPs) are not governed by ERISA and are very lightly regulated. (Don't confuse them with employee stock ownership plans (ESOPs) which are ERISA plans.) There's no particular rule they have to follow in responding to requests like the one you made. If there's a legal issue, it would be based on the terms of the plan's governing documents and any representations they may have made to participants. It's unfortunate that the company can't respond more promptly, but I suspect that apart from complaining there isn't anything you can do about it. Kaye Thomas, author Fairmark Press Tax Guide for Investors fairmark.com