SEC Division of Investment Management staff letter: Citytrust

250 PARK AVENUE NEW YORK 0177 cl 70 PENNSYLVANIA AVE WASHINGTON 20006 LOWER STREET LOS ANGELES 90071 PLACE VENDDME 75001 PARIS c_ ST OLAVES HOUSE IRONMONGER LANE LONDON EC2V 8EY 40 WILLIAM STREET MELBOURNE 3000 2-JCHI ICHOME CHIYODAKUTOKTO 100 Securities and Exchange Commission 450 Fifth Street N.W Washington D.C 20549 Attention Office of Chief Counsel Division of Investment Management Re Citytrust Ladies and Gentlemen On behalf of Citytrust and Goldman Sachs Co we are writing to request advice to the effect that the Division of Investment Management will not recommend that the Commission take any action if without effecting registration under the Investment Company Act of 1940 as amended the 1940 Act with respect to any person in reliance upon Sections 3c5A and 3c5C thereof Citytrust Connecticut chartered bank acts as sponsor of passthrough trust the Trust in connection with the transaction more fully described below This letter is intended to restate the letters of September 11 1990 of the SULLIVAN CROMWELL NEW YORK TELEPHONE 212 556-4000 TELEX 62694 INTERNATIONAL 127616 .DOME5TIC CABLE ADDSESS LADYCOUPT NEW YORK FACSIMILE 212 556 3568 125 BROAD STREET 212 558- 1940 Act/3c5 f2/ va1 ihii4ty 12 1990