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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                     FORM 15

        Certification and Notice of Termination of Registration under
      Section 12(g) of the Securities Exchange Act of 1934 or Suspension
             of Duty to File Reports Under Sections 13 and 15(d)
                    of the Securities Exchange Act of 1934

                  Commission File Number     1-07367

                             PAINE WEBBER GROUP INC.

             (Exact name of registrant as specified in its charter)


                 1285 Avenue of the Americas, New York, NY 10019
                                 (212) 713-2000

      (Address, including zip code, and telephone number, including area
              code, of registrants' principal executive offices)

                    COMMON STOCK, PAR VALUE $1.00, PER SHARE


            (Title of each class of securities covered by this Form)

         Please place an X in the box(es) to designate the appropriate
     rule provision(s) relied upon to terminate or suspend the duty to file
                                    reports:


   Rule 12g-4(a)(1)(i)    [X]          Rule 12h-3(b)(1)(ii)    [ ]
   Rule 12g-4(a)(1)(ii)   [ ]          Rule 12h-3(b)(2)(i)     [ ]
   Rule 12g-4(a)(2)(i)    [ ]          Rule 12h-3(b)(2)(ii)    [ ]
   Rule 12g-4(a)(2)(ii)   [ ]          Rule 15d-6              [ ]
   Rule 12h-3(b)(1)(i)    [X]


         Approximate number of holders of record as of the certification or
notice date: One.






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         Pursuant to the requirements of the Securities Exchange Act of 1934,
UBS Americas Inc. (formerly Paine Webber Group Inc.) has caused this
certification/ notice to be signed on its behalf by the undersigned duly
authorized persons.

DATE: November 9, 2000     By:         /S/ LOUIS EBER
                                -----------------------------
                               Name:   Louis Eber
                               Title:  Executive Director, Vice
                                       President and Assistant
                                       Secretary





                           By:         /S/ SANDRA COSTIN
                               ------------------------------
                               Name:  Sandra Costin
                               Title: Director and Assistant
                                      Secretary


INSTRUCTION: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.