FOR IMMEDIATE RELEASE                             2001-39




    SEC ANNOUNCES ELEVENTH ANNUAL INTERNATIONAL INSTITUTE
                              
     Washington, DC, April 20, 2001 - The Securities and
Exchange Commission is hosting its 11th Annual International
Institute for Securities Market Development, beginning on
Monday, April 23, 2001.  The two-week, executive level
program is the cornerstone of the SEC's international
technical assistance program.  It provides an opportunity to
discuss the core principles of securities regulation among a
wide-ranging group of participants from emerging markets.
It features panels and workshops conducted by SEC staff and
officials from the securities industry, the private bar, and
international development organizations.

     This year, the Institute audience will include over 100
senior securities officials from 66 emerging market
countries.  Prior Institutes have provided training for
nearly 900 officials from all five continents.

     The program will commence at 9:15 a.m. with welcoming
remarks by SEC Acting Chairman Laura Unger.  Marianne
Smythe, Partner, Wilmer Cutler & Pickering, will deliver the
keynote address at 9:30 a.m.  Each of these presentations is
open to the press and will be delivered at the SEC's
Headquarters in the William O. Douglas Room, Room 1C30, 450
Fifth Street, N.W., Washington, DC.


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