Dear MACRS Member:

You may have received an email from  inviting you to attend an investor presentation exclusively for MACRS Members. Please be advised that the email was not generated by MACRS and MACRS has not partnered with STS Capital, an international mergers and acquisition firm with its primary office in Canada. Further, STS Capital did not have the express permission of MACRS to use our organization’s name in their email address or our logo on their materials.

MACRS prides itself on educating Retirement Board Members and the community as a whole and would never promote or encourage violations of our state laws or fiduciary duties.  Also, MACRS would never communicate with our members through a third party. Understandably, the email caused a great level of confusion for which I apologize.

Very truly yours,

Kathleen Kiely-Becchetti