WYPER PARTNERS LLC
13F-HR, 2000-02-24
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                       UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                  FORM 13F

                            FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 1999

Check here if Amendment [  ]; Amendment Number:
This amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:     WYPER PARTNERS, LLC
Address:  350 PARK AVENUE, 14TH FL
          NEW YORK, NY 10022

13 File Number: 28-7816

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct, and complete, and
and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form


Person Signing this Report on Behalf of Reporting Manager:

Name:      GEORGE U. WYPER
Title:     MANAGING MEMBER
Phone:     212-419-1300
Signature, Place and Date of Signing:

    GEORGE U. WYPER  February 14, 2000


Report Type (Check only one.):
[ X]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[  ]        13F COMBINATION REPORT.


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
                           FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         1

Form 13F Information Table Entry Total:    172

Form 13F Information Table Value Total:    163711



List of Other Included Managers:

 No.  13F File Number     Name

 01    28-7818            GEORGE U. WYPER*

*Mr. Wyper exercises investment discretion through Wyper Partners, L.L.C. and
Wyper Capital Management, L.L.C.. Wyper Capital Management, L.L.C. does not
independently manage 100,000,000 or more in 13F securites.

<PAGE>
<TABLE>                          <C>                                            <C>
                                                                FORM 13F INFORMATION TABLE
                                                              VALUE   SHARES/ SH/ PUT/ INVSTMT   OTHER        VOTING AUTHORITY
           NAME OF ISSUER        TITLE OF CLASS     CUSIP   x($1000) PRN AMT  PRN CALL DISCRETN MANAGERS   SOLE    SHARED    NONE
  ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- --------
D 24/7 MEDIA INC COM STK         COMMON STOCK     901314104     1125    20000 SH       SOLE                  20000        0        0
D AETNA INC COM                  COMMON STOCK     008117103     1619    29000 SH       SOLE     01           19409        0     9591
D ALLMERICA FINL CORP COM        COMMON STOCK     019754100     2055    36954 SH       SOLE                  36954        0        0
D ALLMERICA FINL CORP COM        COMMON STOCK     019754100      846    15211 SH       SOLE     01            9430        0     5781
D AMER INTL GROUP INC COM        COMMON STOCK     026874107      324     3000 SH       SOLE                   3000        0        0
D AMER INTL GROUP INC COM        COMMON STOCK     026874107      649     6000 SH       SOLE     01            2000        0     4000
D AMERICA ONLINE INC COM STK     COMMON STOCK     02364J104     1517    20000 SH       SOLE                  20000        0        0
D AMERICAN GEN CORP COM          COMMON STOCK     026351106      796    10500 SH       SOLE                  10500        0        0
D AMERICAN SUPER CONDUCTOR       COMMON STOCK     030111108      840    30000 SH       SOLE                  30000        0        0
D AMERICAN TOWER CORP CL A COM   COMMON STOCK     029912201      916    30000 SH       SOLE                  30000        0        0
D AMR CORP COM                   COMMON STOCK     001765106      654     9764 SH       SOLE                   9764        0        0
D AMR CORP COM                   COMMON STOCK     001765106      351     5236 SH       SOLE     01            5236        0        0
D ASIA SATELLITE TELECOMMUNICATI ADRS STOCKS      04516X106      593    16971 SH       SOLE                  16971        0        0
D ASIA SATELLITE TELECOMMUNICATI ADRS STOCKS      04516X106      456    13029 SH       SOLE     01               0        0    13029
D AVERY DENNISON CORP COM        COMMON STOCK     053611109     1498    20562 SH       SOLE                  20562        0        0
D AVERY DENNISON CORP COM        COMMON STOCK     053611109     1278    17538 SH       SOLE     01           17377        0      161
D AZURIX CORP COM                COMMON STOCK     05501M104      393    44027 SH       SOLE                  44027        0        0
D AZURIX CORP COM                COMMON STOCK     05501M104      335    37473 SH       SOLE     01           25833        0    11640
D BANK ONE CORP COM              COMMON STOCK     06423A103      657    20541 SH       SOLE                  20541        0        0
D BANK ONE CORP COM              COMMON STOCK     06423A103      975    30459 SH       SOLE     01           22719        0     7740
D BANK UTD CORP CL A COM         COMMON STOCK     065412108      452    16590 SH       SOLE                  16590        0        0
D BANK UTD CORP CL A COM         COMMON STOCK     065412108       16      588 SH       SOLE     01             588        0        0
D BERKLEY W R CORP COM           COMMON STOCK     084423102     1565    75000 SH       SOLE                  75000        0        0
D BERKSHIRE HATHAWAY INC CLASS B COMMON STOCK     084670207     4322     2362 SH       SOLE                   2362        0        0
D BERKSHIRE HATHAWAY INC CLASS B COMMON STOCK     084670207      381      208 SH       SOLE     01              16        0      192
D BOYDS COLLECTION LTD           COMMON STOCK     103354106     1297   187000 SH       SOLE                 187000        0        0
D BRISTOL MYERS SQUIBB CO USD.10 COMMON STOCK     110122108      240     3750 SH       SOLE                   3750        0        0
D BROWN & SHARPE MFG CO COM      COMMON STOCK     115223109      425   200000 SH       SOLE                 200000        0        0
D CAREMARK RX COMMON STOCK       COMMON STOCK     141705103      553   109431 SH       SOLE                 109431        0        0
D CAREMARK RX COMMON STOCK       COMMON STOCK     141705103       40     7969 SH       SOLE     01            4689        0     3280
D CLEVELAND CLIFFS INC COM       COMMON STOCK     185896107     1831    58844 SH       SOLE                  58844        0        0
D CLEVELAND CLIFFS INC COM       COMMON STOCK     185896107      188     6025 SH       SOLE     01            6025        0        0
D CLICK2LEARN.COM INC COM STK    COMMON STOCK     18681S106      166    15000 SH       SOLE                  15000        0        0
D CMGI INC COM                   COMMON STOCK     125750109     4153    15000 SH       SOLE                  15000        0        0
D COCA COLA ENTERPRISE INC COM   COMMON STOCK     191219104      503    25000 SH       SOLE                  25000        0        0
D COLUMBIA /HCA HEALTHCARE CORP  COMMON STOCK     197677107      732    25000 SH       SOLE                  25000        0        0
D COMDISCO INC COM               COMMON STOCK     200336105      745    20000 SH       SOLE                  20000        0        0
D COMPAQ COMPUTER CORP COM       COMMON STOCK     204493100     2477    91560 SH       SOLE                  91560        0        0
D COMPAQ COMPUTER CORP COM       COMMON STOCK     204493100     1108    40940 SH       SOLE     01           13123        0    27817
D COOPER COS INC COM NEW         COMMON STOCK     216648402      361    12000 SH       SOLE                  12000        0        0
D CORDANT TECHNOLOGIES INC COM   COMMON STOCK     218412104     2541    77000 SH       SOLE                  77000        0        0
D DELL COMPUTER CORP COM         COMMON STOCK     247025109      892    17500 SH       SOLE                  17500        0        0
D DELUXE CORP USD COM            COMMON STOCK     248019101     3218   117312 SH       SOLE                 117312        0        0
D DELUXE CORP USD COM            COMMON STOCK     248019101     1854    67571 SH       SOLE     01           35133        0    32438
D DIXON TICONDEROGA CO COM       COMMON STOCK     255860108      385    59300 SH       SOLE                  59300        0        0
D EARTHLINK NETWORK INC          COMMON STOCK     270322100      425    10000 SH       SOLE                  10000        0        0
D ECHOSTAR COMMUNICATIONS CORP   COMMON STOCK     278762109     1891    19400 SH       SOLE                  19400        0        0
D ENGAGE TECHNOLOGIES INC USD CO COMMON STOCK     292827102      690    11500 SH       SOLE                  11500        0        0
D FANNIE MAE COM STK             COMMON STOCK     313586109      312     5000 SH       SOLE                   5000        0        0
D FDX CORP HOLDING CO COM        COMMON STOCK     31304N107     1319    32223 SH       SOLE                  32223        0        0
D FDX CORP HOLDING CO COM        COMMON STOCK     31304N107      243     5927 SH       SOLE     01            4168        0     1759
D FINANCIAL SECURITY ASSURANCE H COMMON STOCK     31769P100     3198    61364 SH       SOLE                  61364        0        0
D FINANCIAL SECURITY ASSURANCE H COMMON STOCK     31769P100      390     7486 SH       SOLE     01            3677        0     3809
D FREDDIE MAC USD0.21 COM        COMMON STOCK     313400301      282     6000 SH       SOLE                   6000        0        0
D GENERAL MTRS CORP COM          COMMON STOCK     370442105     2180    30000 SH       SOLE                  30000        0        0
D GENERAL MTRS CORP COM          COMMON STOCK     370442105     1199    16500 SH       SOLE     01               0        0    16500
D GILLETTE CO COM                COMMON STOCK     375766102     1115    27077 SH       SOLE                  27077        0        0
D GILLETTE CO COM                COMMON STOCK     375766102     1043    25326 SH       SOLE     01           16748        0     8578
D GLOBAL CROSSING LTD COM        COMMON STOCK     G3921A100     2250    45000 SH       SOLE                  45000        0        0
D GLOBAL CROSSING LTD COM        COMMON STOCK     G3921A100     2000    40000 SH       SOLE     01           24477        0    15523
D GRAY COMMUNICATIONS SYS INC CL COMMON STOCK     389190208      675    50000 SH       SOLE                  50000        0        0
D GRAY COMMUNICATIONS SYS INC CL COMMON STOCK     389190208      263    19500 SH       SOLE     01           13500        0     6000
D GULF CANADA RESOURCE S LTD CAD COMMON STOCK     40218L305     2356   698146 SH       SOLE                 698146        0        0
D GULF CANADA RESOURCE S LTD CAD COMMON STOCK     40218L305      222    65854 SH       SOLE     01           38601        0    27253
D HEALTHSOUTH CORP COM           COMMON STOCK     421924101      215    40038 SH       SOLE                  40038        0        0
D HEALTHSOUTH CORP COM           COMMON STOCK     421924101       54     9962 SH       SOLE     01            5862        0     4100
D HEWLETT PACKARD CO USD1 COM    COMMON STOCK     428236103     4550    40000 SH       SOLE                  40000        0        0
D HIGHLANDS INS GROUP INC COM    COMMON STOCK     431032101      141    15000 SH       SOLE                  15000        0        0
D HITACHI LTD       *F ADR 10 CO ADRS STOCKS      433578507     6167    38100 SH       SOLE                  38100        0        0
D HITACHI LTD       *F ADR 10 CO ADRS STOCKS      433578507     1376     8500 SH       SOLE     01            2000        0     6500
D HOLLINGER INTL INC CL A        COMMON STOCK     435569108     1302   100700 SH       SOLE                 100700        0        0
D HOME DEPOT INC COM             COMMON STOCK     437076102     1286    18715 SH       SOLE                  18715        0        0
D HOME DEPOT INC COM             COMMON STOCK     437076102      384     5584 SH       SOLE     01            1111        0     4473
D HOWMET INTERNATIONAL INC       COMMON STOCK     443208103     1445    80000 SH       SOLE                  80000        0        0
D INKTOMI CORP COM               COMMON STOCK     457277101     1065    12000 SH       SOLE                  12000        0        0
D INTEL CORP COM                 COMMON STOCK     458140100     2221    26983 SH       SOLE                  26983        0        0
D INTEL CORP COM                 COMMON STOCK     458140100      413     5017 SH       SOLE     01            3529        0     1488
D INTER TEL INC CL A             COMMON STOCK     458372109     1250    50000 SH       SOLE                  50000        0        0
D INTERIM SVCS INC COM           COMMON STOCK     45868P100      322    13015 SH       SOLE                  13015        0        0
D INTERIM SVCS INC COM           COMMON STOCK     45868P100     1217    49185 SH       SOLE     01           30554        0    18631
D INTERLINK ELECTRS COM          COMMON STOCK     458751104     6256   106500 SH       SOLE                 106500        0        0
D INTERNET COMMERCE CORP         COMMON STOCK     46059F109      376    12100 SH       SOLE                  12100        0        0
D INTERSTATE BAKERIES CORP DEL U COMMON STOCK     46072H108      531    29342 SH       SOLE                  29342        0        0
D INTERSTATE BAKERIES CORP DEL U COMMON STOCK     46072H108      103     5658 SH       SOLE     01            3724        0     1934
D INTL BUSINESS MACHS CORP COM   COMMON STOCK     459200101     1186    11000 SH       SOLE                  11000        0        0
D JDS UNIPHASE CORP COM STK      COMMON STOCK     46612J101     1935    12000 SH       SOLE                  12000        0        0
D KANSAS CITY SOUTHN INDS INC CO COMMON STOCK     485170104      746    10000 SH       SOLE     01               0        0    10000
D KOREA TELECOM CORP ADR         ADRS STOCKS      50063P103     3134    41928 SH       SOLE                  41928        0        0
D KOREA TELECOM CORP ADR         ADRS STOCKS      50063P103      603     8072 SH       SOLE     01            6040        0     2032
D LEAP WIRELESS INTL INC         COMMON STOCK     521863100     1099    14000 SH       SOLE                  14000        0        0
D LEUCADIA NATL CORP COM         COMMON STOCK     527288104      411    17800 SH       SOLE                  17800        0        0
D LIBERATE TECHNOLOGY CORP       COMMON STOCK     530129105      899     3500 SH       SOLE                   3500        0        0
D LINCOLN NATL CORP IND COM      COMMON STOCK     534187109     1551    38794 SH       SOLE                  38794        0        0
D LINCOLN NATL CORP IND COM      COMMON STOCK     534187109      622    15556 SH       SOLE     01           10791        0     4765
D LINDBERG CORP COM              COMMON STOCK     535171102      418    54000 SH       SOLE                  54000        0        0
D LODGENET ENTMT CORP COM        COMMON STOCK     540211109      497    20000 SH       SOLE                  20000        0        0
D LOOKSMART LTD COM              COMMON STOCK     543442107      500    18500 SH       SOLE     01           13875        0     4625
D LORAL SPACE AND COMMUNICATIONS COMMON STOCK     G56462107     1305    53700 SH       SOLE                  53700        0        0
D LYCOS INC COM                  COMMON STOCK     550818108      954    12000 SH       SOLE                  12000        0        0
D MARCUS CORP COM                COMMON STOCK     566330106      258    19200 SH       SOLE                  19200        0        0
D MARSH & MCLENNAN COS  INC COM  COMMON STOCK     571748102     1000    10460 SH       SOLE                  10460        0        0
D MARSH & MCLENNAN COS  INC COM  COMMON STOCK     571748102      186     1940 SH       SOLE     01            1184        0      756
D MAXYGEN INC COM		 COMMON STOCK     577776107	2359	33232 SH       SOLE	  	     33232	  0	   0
D MAXYGEN INC COM		 COMMON STOCK     577776107	 587	 8268 SH       SOLE	01	      4865	  0	3403
D MCKESSON HBOC INC COM          COMMON STOCK     58155Q103     1057    47012 SH       SOLE                  47012        0        0
D MCKESSON HBOC INC COM          COMMON STOCK     58155Q103       67     2988 SH       SOLE     01            1758        0     1230
D MICROCELL TELECOMMUNICATIONS   COMMON STOCK     59501T304      828    25200 SH       SOLE                  25200        0        0
D MID AMER APT CMNTYS INC COM RE COMMON STOCK     59522J103     4001   176879 SH       SOLE                 176879        0        0
D MID AMER APT CMNTYS INC COM RE COMMON STOCK     59522J103      548    24217 SH       SOLE     01            3775        0    20442
D MONRO MUFFLER BRAKE INC        COMMON STOCK     610236101      645    86000 SH       SOLE                  86000        0        0
D MOOG INC CL A                  COMMON STOCK     615394202      540    20000 SH       SOLE                  20000        0        0
D MUTUAL RISK MANAGEMENT LTD     COMMON STOCK     628351108     2017   120000 SH       SOLE                 120000        0        0
D NEXTLINK COMM-A COM            COMMON STOCK     65333H707     1661    20000 SH       SOLE                  20000        0        0
D NOVELL INC COM                 COMMON STOCK     670006105      742    18580 SH       SOLE                  18580        0        0
D NOVELL INC COM                 COMMON STOCK     670006105     1055    26420 SH       SOLE     01           14820        0    11600
D NTL INCORPORATED COM           COMMON STOCK     629407107      748     6000 SH       SOLE                   6000        0        0
D OPEN MARKET INC COM            COMMON STOCK     68370M100     1579    35000 SH       SOLE                  35000        0        0
D PARTNERRE LIMITED BERMUDA      COMMON STOCK     G6852T105      648    20000 SH       SOLE                  20000        0        0
D PARTNERRE LIMITED BERMUDA      COMMON STOCK     G6852T105      486    15000 SH       SOLE     01           15000        0        0
D PE CORP-PE BIOSYSTEMS GROUP    COMMON STOCK     69332S102      902     7500 SH       SOLE                   7500        0        0
D PHONE.COM INC                  COMMON STOCK     71920Q100     1159    10000 SH       SOLE                  10000        0        0
D PROMEDCO MANAGEMENT CO         COMMON STOCK     74342L105      279    95000 SH       SOLE                  95000        0        0
D PSINET INC COM                 COMMON STOCK     74437C101     2593    42000 SH       SOLE                  42000        0        0
D QUALCOMM INC COM               COMMON STOCK     747525103     1937    11000 SH       SOLE                  11000        0        0
D QWEST COMMUN INTL COM          COMMON STOCK     749121109     1720    40000 SH       SOLE                  40000        0        0
D R & B FALCON CORP COM          COMMON STOCK     74912E101      795    60000 SH       SOLE                  60000        0        0
D RECKSON SERVICE INDS  COM      COMMON STOCK     75621J109      499     8000 SH       SOLE                   8000        0        0
D RELIASTAR FINL CORP COM        COMMON STOCK     75952U103     1964    50124 SH       SOLE                  50124        0        0
D RELIASTAR FINL CORP COM        COMMON STOCK     75952U103      289     7376 SH       SOLE     01            5186        0     2190
D RF MICRO DEVICES INC           COMMON STOCK     749941100     1060    15500 SH       SOLE                  15500        0        0
D ROGERS COMMUNICATION S INC CAD COMMON STOCK     775109200     1485    60000 SH       SOLE                  60000        0        0
D SANDISK CORP COM               COMMON STOCK     80004C101      962    10000 SH       SOLE                  10000        0        0
D SANTA FE SNYDER CORP           COMMON STOCK     80218K105      800   100000 SH       SOLE                 100000        0        0
D SEAGATE TECHNOLOGY USD.01 COM  COMMON STOCK     811804103      931    20000 SH       SOLE                  20000        0        0
D SHAW COMMUNICATIONS INC CL-B   COMMON STOCK     82028K200     3383   102148 SH       SOLE                 102148        0        0
D SHAW COMMUNICATIONS INC CL-B   COMMON STOCK     82028K200      727    21952 SH       SOLE     01           15233        0     6719
D SILICON GRAPHICS INC  COM      COMMON STOCK     827056102      242    25000 SH       SOLE                  25000        0        0
D SMUCKER J M CO                 COMMON STOCK     832696108      581    29798 SH       SOLE                  29798        0        0
D SMUCKER J M CO                 COMMON STOCK     832696108       23     1202 SH       SOLE     01             894        0      308
D SMUCKER J M CO CL B NON VTG    COMMON STOCK     832696207     1023    62977 SH       SOLE                  62977        0        0
D SMUCKER J M CO CL B NON VTG    COMMON STOCK     832696207       92     5643 SH       SOLE     01            3690        0     1953
D STANCORP FINANCIAL GROUP INC   COMMON STOCK     852891100      491    19500 SH       SOLE                  19500        0        0
D STARMEDIA NETWORK INC USD COM  COMMON STOCK     855546107      200     5000 SH       SOLE                   5000        0        0
D SUPERIOR NATIONAL INSURANCE GR COMMON STOCK     868224106      518    68600 SH       SOLE                  68600        0        0
D TELEBRAS HOLDERS ADR REPR 1 'T ADRS STOCKS      879287308     3411    26500 SH       SOLE                  26500        0        0
D TELEDYNE TECH COM STK          COMMON STOCK     879360105      328    34800 SH       SOLE                  34800        0        0
D TELEPHONE & DATA SYSTEMS INC   COMMON STOCK     879433100     1260    10000 SH       SOLE                  10000        0        0
D TELEPHONE & DATA SYSTEMS INC   COMMON STOCK     879433100      630     5000 SH       SOLE     01               0        0     5000
D TRANSMEDIA NETWORK INC COM NEW COMMON STOCK     893767301       67    27000 SH       SOLE                  27000        0        0
D TYCO INTERNATIONAL LTD COM     COMMON STOCK     902124106     1872    48000 SH       SOLE                  48000        0        0
D U S HOME CORP NEW COM          COMMON STOCK     911920106      291    11400 SH       SOLE                  11400        0        0
D UCAR INTL INC COM              COMMON STOCK     90262K109     2603   146180 SH       SOLE                 146180        0        0
D UCAR INTL INC COM              COMMON STOCK     90262K109      415    23320 SH       SOLE     01           18446        0     4874
D UNIVERSAL ELECTRONIC S INC USD COMMON STOCK     913483103     1081    23500 SH       SOLE                  23500        0        0
D VIATEL INC COM                 COMMON STOCK     925529208     1072    20000 SH       SOLE                  20000        0        0
D VOYAGER.NET INC COM            COMMON STOCK     92906W101      669    72900 SH       SOLE                  72900        0        0
D WADDELL & REED FINANCIAL INC   COMMON STOCK     930059100     2084    76858 SH       SOLE                  76858        0        0
D WADDELL & REED FINANCIAL INC   COMMON STOCK     930059100      286    10542 SH       SOLE     01            6056        0     4486
D WARNER LAMBERT CO              COMMON STOCK     934488107     1600    19528 SH       SOLE                  19528        0        0
D WARNER LAMBERT CO              COMMON STOCK     934488107      858    10472 SH       SOLE     01           10472        0        0
D WASTE MANAGEMENT INC COM STK   COMMON STOCK     94106L109     1300    75638 SH       SOLE                  75638        0        0
D WASTE MANAGEMENT INC COM STK   COMMON STOCK     94106L109     1286    74812 SH       SOLE     01           42957        0    31855
D WASTE MANAGEMENT INC COM STK   OPTIONS - CALLS  94106L2AW      125      200 SH  CALL SOLE                    200        0        0
D WHITE MOUNTAINS INSURANCE GROU COMMON STOCK     G9618E107      783     6500 SH       SOLE                   6500        0        0
D WILLIAMS COS THE COM           COMMON STOCK     969457100      916    30000 SH       SOLE                  30000        0        0
D WIND RIVER SYS INC COM         COMMON STOCK     973149107     1461    39900 SH       SOLE                  39900        0        0
D WINSTAR COMMUNICATIONS INC     COMMON STOCK     975515107     2796    37168 SH       SOLE                  37168        0        0
D WINSTAR COMMUNICATIONS INC     COMMON STOCK     975515107      213     2832 SH       SOLE     01            2832        0        0
D XL CAPITAL LTD CL-A COM STK    COMMON STOCK     G98255105      801    15449 SH       SOLE                  15449        0        0
D XL CAPITAL LTD CL-A COM STK    COMMON STOCK     G98255105     1792    34551 SH       SOLE     01           21154        0    13397
D YAHOO INC COM                  COMMON STOCK     984332106     1298     3000 SH       SOLE                   3000        0        0
D ZIFF DAVIS INC COM STK         COMMON STOCK     989511100      820    51900 SH       SOLE                  51900        0        0


S REPORT SUMMARY                172 DATA RECORDS              163711        1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>


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