FOR IMMEDIATE RELEASE                                    2001-5

                         Media Advisory

Washington, DC, January 7, 2001

  Chairman Levitt to Deliver Speech on Market Structure Issues
                                
        Staff Report on Order Execution Quality Available
                                
               Staff Briefing on Report and Speech
                                
What:  Securities and Exchange Commission Chairman Arthur Levitt
will deliver a policy address concerning the framework of the
National Market System.  He will discuss the framework's goal of
competing, transparent, connected markets and how it relates to
the forces of technological innovation and globalization that are
sweeping our markets.

When:  Monday, January 8, 2001 at 5:30 p.m. PST

Where: Stanford Law School
       Room 290
       559 Nathan Abbott Way
       Stanford, CA

                          *  *  *  *  *

Report:   To receive an embargoed copy of the order execution
quality report via e-mail, call 202.942.0020.  (Available as of
9:00 a.m. EST 1/8/01.)  Upon its availability the speech will be
e-mailed to those who request the report.

Briefing: SEC Staff will conduct a background briefing on the
report and the speech on Monday, January 8, 2001 at 2:00 p.m. EST
at the Securities and Exchange Commission, Room 1C50.

Embargo:  The report, speech, and information from the briefing
are embargoed until January 8, 2001 at 4:00 p.m. EST.

Teleconference:     To receive the teleconference call-in number
call 202.942.0020.

Other:    Credentialed media only; pen and pad only; no cameras;
no tape recording for broadcast.

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