Undertaking to Furnish Secured Promissory Note to SEC by Maxcor Financial Group Inc.

Summary

Maxcor Financial Group Inc. confirms to the Securities and Exchange Commission that it will provide, upon request, a copy of a Secured Promissory Note dated December 10, 1997, issued by Euro Brokers Inc. to General Electric Capital Corporation. The note's value does not exceed 10% of Maxcor's total consolidated assets. This letter serves as a formal notification of the company's willingness to comply with SEC information requests regarding this financial instrument.

EX-4.8 3 ex-4_8.txt EXHIBIT 4.8 Exhibit 4.8 ----------- Maxcor Financial Group Inc. Roger E. Schwed March 26, 2002 Executive Vice President and General Counsel Securities and Exchange Commission Judiciary Plaza 450 Fifth Street, NW Washington, D.C. 20549 Dear Sirs or Madams: This will confirm that Maxcor Financial Group Inc. (the "Company") will furnish to the Securities and Exchange Commission upon request a copy of the following Note: Secured Promissory Note, dated December 10, 1997 issued by Euro Brokers Inc. to General Electric Capital Corporation. The amount of the Note does not exceed 10% of the total assets of the Company and its subsidiaries on a consolidated basis. Very truly yours, /s/ Roger E. Schwed One New York Plaza, 16th floor, New York, New York 10292 o Tel. 212 ###-###-####