PRUDENTIAL SECURITIES SECURED FINANCING CORP
15-15D, 2000-01-14
ASSET-BACKED SECURITIES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

      CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
   12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
   REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                        Commission File Number 333-52021
                                               ---------


               PRUDENTIAL SECURITIES SECURED FINANCING CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


          ONE NEW YORK PLAZA, NEW YORK, NEW YORK 10292, (212) 778-1000
       ------------------------------------------------------------------
       (Address, including zip code, and telephone number, including area
               code, of registrant's principal executive offices)


   Flagship Auto Receivables Owner Trust 1999-2 Class A-1 Asset-Backed Notes,
    Class A-2 Asset-Backed Notes, Class A-3 Asset-Backed Notes and Class A-4
                               Asset-Backed Notes
           ---------------------------------------------------------
            (Title of each class of securities covered by this Form)


                                      None
       -------------------------------------------------------------------
       (Titles of all other classes of securities for which a duty to file
                 reports under section 13(a) or 15(d) remains)


         Please  place an X in the box(es) to  designate  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)(i)      / /              Rule 12h-3(b)(1)(i)    / /
Rule 12g-4(a)(1)(ii)     / /              Rule 12h-3(b)(1)(ii)   / /
Rule 12g-4(a)(2)(i)      / /              Rule 12h-3(b)(2)(i)    / /
Rule 12g-4(a)(1)(ii)     / /              Rule 12h-3(b)(2)(ii)   / /
                                          Rule 15d-6             /x/


Approximate number of holders of record as of the certification or notice
 date:   12
        ----


     Pursuant to the requirements of the Securities Exchange Act of 1934 (Name
of registrant as specified in charter) has caused this certification/notice to
be signed on its behalf by the undersigned duly authorized person.

Date:    January 14, 2000              By:   /s/  Joseph M. Donovan
         ----------------                 ---------------------------------
                                          Joseph M. Donovan, Vice President


Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.

      Potential  persons  who are to  respond to the  collection  of
      information  contained in this form are not required to respond unless the
      form displays a currently valid OMB control number.


SEC 2069 (3-99)




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