EASTBROKERS INTERNATIONAL INC
8-K, 1999-03-16
INVESTORS, NEC
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                              -------------------

                                    FORM 8-K

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                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


        DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MARCH 15, 1999

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                            EASTBROKERS INTERNATIONAL
                                  INCORPORATED
             (Exact Name Of Registrant As Specified In Its Charter)

                      -----------------------------------


            DELAWARE                       0-26202               52-1807562
(State Or Other Jurisdiction Of    (Commission File Number)    (IRS Employer
 Incorporation Or Organization)                              Identification No.)


          15245     SHADY  GROVE  ROAD,  SUITE 340,  ROCKVILLE,  MARYLAND  20850
                    (Address of Principal Executive Offices)

                                 (301) 527-1110
              (Registrant's telephone number, including area code)


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ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT



                                                    
     Information required by Item 304

     (b)  Eastbrokers  International  Incorporated  (the  "Company") has engaged
          Spicer, Jeffries & Co., as its independent accountant, effective March
          15, 1999.  During the  Company's two fiscal years ended March 31, 1997
          and 1998 and through the date of engagement of Spicer, Jeffries & Co.,
          the Company has not consulted  with Spicer,  Jeffries & Co.  regarding
          any of the matters specified in Item 304(a)(2) of Regulation S-K.






























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                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


EASTBROKERS INTERNATIONAL INCORPORATED
             (Registrant)



By:                   /s/ Kevin D. McNeil
        ----------------------------------------------
                        Kevin D. McNeil
        Executive Vice President, Treasurer, Secretary,
                  and Chief Financial Officer

Dated:  March 15, 1999
























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