[LETTERHEAD OF KBW, INC.]
May 20, 1999
VIA EDGAR
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Securities and Exchange Commission
Division of Corporation Finance
450 Fifth Street, N.W.
Mail Stop 4-8
Washington, D.C. 20549
Attention: Jessica Livingston
Re: KBW, Inc.
Registration Statement on Form S-1
(Registration No. 333-61495)
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Ladies and Gentlemen:
Pursuant to Rule 477 promulgated under the Securities Act of
1933, as amended, KBW, Inc. (the "Company") hereby requests the Commission's
consent to the withdrawal of the above referenced Registration Statement of the
Company and all amendments and exhibits thereto. The Company has decided not to
pursue registration of shares of its Common Stock at this time. No securities
were sold, and no securities will be sold, under the above referenced
Registration Statement.
If you have any questions with respect to this letter, please
call Andrew J. Nussbaum or Nicole E. Clark of the law firm Wachtell, Lipton,
Rosen & Katz at (212) 403-1000 or me at (212) 323-8300.
Sincerely,
KBW, INC.
By: /s/ Mitchell B. Kleinman
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Mitchell B. Kleinman
Senior Vice President and
General Counsel
