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Merrill Lynch Commends Senate for Passage of Financial Services Regulatory Reform

    NEW YORK, May 7 /PRNewswire/ -- Merrill Lynch & Co., Inc. (NYSE: MER)
today issued the following statement:

    "We commend the US Senate for its passage last night of a bill to
modernize regulation of financial services.
    "This is a major step for financial services regulatory reform.  The
nation's outdated laws are costly and inconvenient to consumers, and give
competitors based outside the US an unfair advantage.
    "We urge the House of Representatives to act with similar speed and move
this bill toward passage."


SOURCE Merrill Lynch & Co., Inc.




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