SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): MARCH 25, 1999
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JMC GROUP, INC.
(Exact name of registrant as specified in charter)
DELAWARE 0-12926 95-2627415
(State of other jurisdiction (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification No.)
9710 SCRANTON ROAD, SUITE 100, SAN DIEGO, CALIFORNIA 92121
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 619-450-0055
Item 5. Other Events.
On March 25, 1999, the Company announced an agreement in
principle for a business combination between JMCG and privately
held Fechtor, Detwiler & Co., Inc., a registered broker-
dealer headquartered in Boston, Massachusetts. The merger is
subject to the execution of a definitive agreement, stockholder
approval and regulatory approval, as well as completion of due
diligence and receipt by the JMCG Board of Directors of a
fairness opinion.
A copy of the press release concerning this announcement is
attached as an exhibit to this Report and is hereby incorporated
by reference.
Item 7. Financial Statements and Exhibits.
The Following exhibit is filed herewith:
Exhibit 28.1 March 25, 1999 Press Release
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned hereunto duly authorized.
JMC GROUP, INC.
Dated: March 30, 1999 By: /s/ ROBERT E. JEFFORDS
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Robert E. Jeffords
Assistant Secretary
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