VAN KAMPEN AMERICAN CAPITAL EQUITY OPPORTUNITY TRUST SER 17
497, 1995-08-29
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                           Chapman and Cutler
                         111 West Monroe Street
                           Chicago, IL  60603
                                    
                             August 29, 1995
                                    
                                    
                                    


Securities and Exchange Commission
450 fifth Street, N.W.
Washington, D.C.  20549-1004
Attn:  Filing Desk, Stop 1-4

     Re:  Van Kampen American Capital Equity Opportunity Trust, Series 17
                     File No. 33-61753  CIK No. 896980

Gentlemen:
     
     In  accordance with the requirements of Rule 497(d) of  the  General
Rules  and  Regulations under the Securities Act of 1933, as amended,  we
are submitting one copy of a supplement, in the form of a sticker, to the
prospectus being used with respect to the above-captioned series.
                                    
                                    Very truly yours,
                                    
                                    CHAPMAN AND CUTLER


MJK/cw


                    
                          Supplement to the Prospectus



                             Dated August 22, 1995

           First of Michigan Financial Institutions Trust, Series 2





  Notwithstanding anything to the contrary in the prospectus, the description 
for National City Corporation shall be changed in the prospectus section 
entitled "Trust Portfolio - OHIO Banks/Thrifts". The new description is as 
follows:

National City Corporation, headquartered in Cleveland, Ohio, is the third
largest bank holding company in Ohio and one of the largest regional banks in
the country with approximately $35 billion in assets. The company is a
diversified financial services company. National City operates banks and other
financial services subsidiaries principally in Ohio, Kentucky and Indiana.



August 29, 1995





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