SEC Announces Panelists and Agenda for Mark-to-Market Accounting Roundtable

FOR IMMEDIATE RELEASE
2008-255

Washington, D.C., Oct. 27, 2008 — The Securities and Exchange Commission today announced the expected panelists for its October 29 roundtable concerning mark-to-market accounting.

The roundtable will be held at the SEC's Washington D.C. headquarters and will begin at 9 a.m. ET with opening remarks from SEC Chairman Christopher Cox. The roundtable will consist of two panels.

The panel discussions will focus on:

• Usefulness of mark-to-market accounting to investors and regulators.
• Effects of mark-to-market accounting on financial reporting by financial institutions
• Potential market behavior effects from mark-to-market accounting.
• Whether aspects of current accounting standards can be improved, and how?

Scheduled panelists include investors, issuers, auditors, and others with experience in mark-to-market accounting by financial institutions:

9:10 a.m. — Panel One:

• Ray Ball, University of Chicago
• Vincent Colman, PricewaterhouseCoopers LLP
• Scott Evans, TIAA-CREF
• William Isaac, former Chairman, FDIC
• Richard Murray, SwissRe
• Aubrey Patterson, Bancorp South
• Damon Silvers, AFL-CIO

11:10 a.m. — Panel Two:

• Randy Ferrell, Fauquier Bankshares, Inc.
• Patrick Finnegan, CFA Institute
• Bradley Hunkler, Western Southern Life
• Lisa Lindsley, CtW Investment Group
• Cindy Ma, Houlihan Lokey Howard & Zukin
• Chuck Maimbourg, Key Bank
• Richard Ramsden, Goldman Sachs
• Russell Wieman, Grant Thornton LLP

In addition, the following individuals are scheduled to participate in both panel discussions as observers:

• Daniel Goelzer, Public Company Accounting Oversight Board
• Charles Holm, Federal Reserve Board
• Kristen Jaconi, U.S. Department of the Treasury
• Thomas Jones, International Accounting Standards Board
• Thomas Linsmeier, Financial Accounting Standards Board

The roundtable is expected to conclude at approximately 1 p.m. ET.

The roundtable will be open to the public with seating on a first-come, first-serve basis. Doors will open at 8:30 a.m. ET. Visitors will be subject to security checks.

Live audio and video webcasts as well as materials related to the roundtable are available on the SEC Web site.

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