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(Letterhead of Prudential Securities Incorporated)
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RULE 24F-2 NOTICE FOR
GOVERNMENT SECURITIES EQUITY TRUST SERIES 2
Registration Number 33-29274
August 22, 1995
Pursuant to Regulation 270.24f-2 ("Rule 24f-2") promulgated
under the Investment Company Act of 1940, as amended, Prudential Securities
Incorporated, as Sponsor of Government Securities Equity Trust Series 2
(the "Trust"), a unit investment trust which elected to register an
indefinite number of units in accordance with Rule 24f-2, hereby submits
the notice and information required by Rule 24f-2:
(i) The fiscal year for which this notice is filed is the
period beginning on and including July 1, 1994 and ending on and including
June 30, 1995 (the "Period").
(ii) The number or amount of securities of the same class or
series which have been registered under the Securities Act of 1933, as
amended, other than pursuant to Rule 24f-2 but which remain unsold at the
beginning of the Period was none.
(iii) The number or amount of securities registered during the
Period other than pursuant to Rule 24f-2 was none.
(iv) The number of securities sold during the Period was
5,993.(1)
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1 Actual aggregate sale price for which securities were sold was
$91,710.35, less actual aggregate price of securities redeemed or
repurchased, $6,297,782.04, equals the net aggregate sale price of
($6,206,071.69).
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(v) Based on the number of securities referred to in
paragraph (iv) above, net of redemptions or repurchases referred to in the
footnote, the number of securities sold during the Period in reliance upon
registration pursuant to Rule 24f-2 was none.
Very truly yours,
PRUDENTIAL SECURITIES INCORPORATED
By Richard R. Hoffmann
Richard R. Hoffmann
First Vice President
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(Letterhead of Cahill Gordon & Reindel)
August 22, 1995
(212) 701-3000
Prudential Securities Incorporated
One Seaport Plaza
New York, New York 10292
Re: GOVERNMENT SECURITIES EQUITY TRUST SERIES 2
Gentlemen:
We have acted as special counsel for you, as Sponsor of the
above referenced trust, (a Unit Investment Trust, herein called the
"Trust"), in connection with the issuance under a Trust Indenture and
Agreement and related Reference Trust Agreement (collectively, the
"Indenture"), among you and United States Trust Company of New York,
as Trustee, of units of fractional undivided interest in the Trust (in
the aggregate, the "Units").
During the fiscal year ended June 30, 1995, certain Units
were sold by you upon their initial issuance and/or in connection with
your maintenance of a secondary market for Units. United States Trust
Company of New York, as Trustee, has confirmed that certificates
evidencing the Units have been executed and delivered by the depositor
and the Trustee or the ownership of Units has been recorded on the
books of the Trustee, in either case in accordance with the Indenture.
We have examined copies of such documents delivered by the
United States Trust Company of New York, the Indenture, the form of
certificate evidencing the Units,
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the Rule 24f-2 Notice being filed today with the Securities and
Exchange Commission and such other documents as we have deemed
necessary or advisable for purposes of this opinion. We have assumed
that the copies of the documents we have reviewed and the signatures
thereon are genuine.
Based upon the foregoing, and in reliance upon such
documents delivered by the United States Trust Company of New York, we
are of the opinion that the Units, registration of which such Rule
24f-2 Notice makes definite in number, were legally issued, fully paid
and nonassessable.
Very truly yours,
CAHILL GORDON & REINDEL
