ENCINO, Calif., June 22, 2001 (PRIMEZONE) -- On June 14, 2001, the NASDR District 2 approved the change of ownership for Embarcadero Securities. The new owner is Gunnar Holdings, LLC.
RND Resources, Inc., a compliance consulting firm specializing in securities broker dealers, registered investment advisors and hedge funds assisted the firm in the regulatory approval of the ownership change.
-0- CONTACT: RND Resources Dave Banerjee (818)382-7720 banerji@aol.com