8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


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                                    FORM 8-K


                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                                 Date of Report
                       (Date of Earliest Event Reported):
                                  JUNE 17, 2002

                             Commission File Number
                                    333-52543

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                          TUDOR FUND FOR EMPLOYEES L.P.
             (exact name of registrant as specified in its charter)


               DELAWARE                                     13-3543779
   (State or Other jurisdiction                  (I.R.S. Employer jurisdiction
 of Incorporation or Organization)             Industrial Identification Number)


                 1275 KING STREET, GREENWICH, CONNECTICUT 06831
               (Address of Principal Executive Offices) (Zip Code)


                                 (203) 863-6700
              (Registrant's Telephone Number, Including Area Code)


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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

On June 17, 2002, Tudor Fund For Employees L.P. (the "Partnership") dismissed
Arthur Andersen LLP as its independent auditor. The reports of Arthur Andersen
LLP on the Partnership's financial statements for the years ended December 31,
2000 and December 31, 2001 did not contain an adverse opinion, disclaimer of
opinion or qualification or modification as to uncertainty, audit scope or
accounting principles. During the years ended December 31, 2000 and December 31,
2001 and the subsequent interim period, there were no disagreements with Arthur
Andersen LLP on any matters of accounting principles or practices, financial
statement disclosure or auditing scope or procedures. During the years ended
December 31, 2000 and December 31, 2001 and the subsequent interim period, there
were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).

The Partnership provided Arthur Andersen LLP with a copy of the disclosure set
forth above. Attached, as Exhibit 16.1, is a copy of Arthur Andersen's letter,
dated June 17, 2002, stating its agreement with the disclosures set forth above.

At the same time the Partnership dismissed Arthur Andersen LLP as its
independent auditor, the Partnership engaged Ernst & Young LLP to act as its
independent auditor as successor to Arthur Andersen LLP. During the year ended
December 31, 2001 and the subsequent interim period, the Partnership did not
consult with Ernst & Young LLP regarding (i) either the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that might be rendered on the Partnership's
financial statements, or (ii) any matter that was either the subject of
disagreement on any matter of accounting principles or practices, financial
statement disclosure or auditing scope or procedures or a reportable event (as
defined in Item 304(a)(1)(v) of Regulation S-K).

The action to dismiss Arthur Andersen LLP as the Partnership's independent
auditor and to replace it with Ernst & Young LLP was taken by the Partnership
at the direction of Second Management LLC, its General Partner.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

      (c)   Exhibits

            16.1. Letter of Arthur Andersen LLP to the Securities and Exchange
            Commission, dated June 17, 2002, regarding change in certifying
            accountant.




                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated: June 17, 2002                 Tudor Fund For Employees L.P.
                                     By:  Second Management LLC, its
                                            General Partner

                                          By: /s/ John R. Torell
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                                              John R. Torell
                                              Chief Financial Officer

EX-16.1

                                                                    Exhibit 16.1



June 17, 2002

Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Dear Sir:

We have read the first two paragraphs of Item 4 included in the Form 8-K dated
June 17, 2002 of Tudor Fund For Employees L.P. to be filed with the Securities
and Exchange Commission and are in agreement with the statements contained
therein.

Very truly yours,

/s/ Arthur Andersen LLP



cc: John R. Torell, CFO