SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 22, 2000
A.B. Watley Group Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-14897 13-3911867
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
40 Wall Street, New York, New York 10005
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 212-422-1100
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(Former name or former address, if changed since last report.)
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Item 5. Other Events and Regulation FD Disclosure.
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On November 22, 2000 A.B. Watley Group Inc. (the "Company") and E*TRADE
Group, Inc. ("E*TRADE") entered into a Software License Agreement (the
"Agreement"). Pursuant to the Agreement, E*TRADE will license features of the
Company's proprietary "Direct Access" trading software. The Company and E*TRADE
will work together to create a customized trading product. Attached as an
Exhibit hereto is the Company's press release announcing the signing of the
Agreement.
The Company intends to request confidential treatment from the
Securities and Exchange Commission (the "SEC") for certain of the provisions of
the Agreement that contain sensitive competitive information. Accordingly, the
Agreement is not being attached as an Exhibit to this Report. The Company will
file the Agreement with the SEC as soon as its request for confidential
treatment has been processed by the SEC.
Item 7. Financial Statements and Exhibits.
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(c)(1) Press Release, dated December 1, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
A.B. WATLEY GROUP INC.
Date: December 1, 2000 By: /s/ ANTHONY G. HUSTON
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Anthony G. Huston
President
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