UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
JMC GROUP INC.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
466218 10 4
(CUSIP Number)
Mr. Robert S. London
c/o Cruttenden Roth Incorporated
809 Presidio Avenue
Santa Barbara, California 93101
(805) 966-5205
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 17, 1997
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box
[ ].
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter disclosure
provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Exhibit Index: Page 3
(Continued on following pages)
(Page 1 of 4 Pages)
<PAGE>
SCHEDULE 13D
CUSIP No. 466218 10 4 Page 2 of 4 Pages
- - --------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Robert S. London
- - --------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ X ]
- - --------- --------------------------------------------------------------------
3 SEC USE ONLY
- - --------- --------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- - --------- --------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
- - --------- --------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- - --------- --------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 498,500
---- ---------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
---- ---------------------------------------
OWNED BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 498,500
---- ---------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
-0-
- - ------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
498,500
- - ------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
[ ]
- - ------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.24%
- - ------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- - ------- ----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 466218 10 4 Page 3 of 4 Pages
This Amendment No. 1 to the statement on Schedule 13D filed on behalf of
Robert S. London ("Mr. London") on November 25, 1997 relates to the Common
Stock, $.01 par value, of JMC Group, Inc. (the "Issuer"), whose principal
executive offices are located at 9710 Scranton Road, Suite 100, San Diego,
California 92121.
Item 5. Interest in Securities of the Issuer
The Reporting Person beneficially owns 498,500 shares of Common Stock
of the Issuer, representing 8.00% of the outstanding shares of such class.
The Reporting Person has sole voting power and sole dispositive power
with respect to all 498,500 shares owned by the Reporting Person.
On December 17, 1997, the Reporting Person acquired the following
shares of Common Stock of the Issuer in open market purchases:
<TABLE>
<CAPTION>
Date No. of Shares Price per Share ($)
<S> <C> <C>
12/17/97 75,000 0.6975
</TABLE>
Item 7. Material to be Filed as Exhibits
Not applicable.
<PAGE>
SCHEDULE 13D
CUSIP No. 466218 10 4 Page 4 of 4 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
December 23, 1997
(Date)
/s/ Robert S. London
----------------------------------
Robert S. London
