SEC Open Meeting Agenda
Tuesday, July 2, 2002, 1:00 p.m.

Item 1:	Assessments on Security Futures Transactions and Fees on Sales of Securities Resulting from Physical Settlement of Security Futures Pursuant to Section 31 of the Securities Exchange Act of 1934 Office:  Division of Market Regulation Staff:  Robert L.D. Colby, Elizabeth King, Kelly Riley, Susie Cho, Geoffrey Pemble
Item 2:	Customer Identification Program for Broker-Dealers Customer Identification Program for Investment Companies Office:  Division of Market Regulation Division of Investment Management Staff:  Michael Macchiaroli, Thomas McGowan, Randy Roy, Cynthia M. Forneilli, J. David Fielder

Item 1: Assessments on Security Futures Transactions and Fees on Sales of Securities Resulting from Physical Settlement of Security Futures Pursuant to Section 31 of the Securities Exchange Act of 1934

The Commission will consider whether to adopt amendments to Rule 31-1 under the Securities Exchange Act of 1934 to clarify how to calculate assessments that are required to be paid by national securities exchanges and national securities associations pursuant to Section 31(d) of the Exchange Act for security futures transactions. The proposed amendments to Rule 31-1 also provide guidance on how to calculate fees that are required to be paid by national securities exchanges and national securities associations pursuant to Sections 31(b) and (c) of the Exchange Act, respectively, for sales of securities that result from the physical settlement of security futures.

For further information, please contact Geoffrey Pemble at (202) 942-0757.

Item 2: Customer Identification Program for Broker-Dealers; Customer Identification Program for Investment Companies

The Commission will consider proposed rules to be issued jointly by the Commission and the Department of the Treasury implementing section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001. Section 326 requires the Secretary of the Treasury to jointly prescribe with the Commission regulations that, at a minimum, require broker-dealers and mutual funds to implement reasonable procedures to (1) verify the identity of any person seeking to open an account, to the extent reasonable and practicable, (2) maintain records of the information used to verify the person's identity, and (3) determine whether the person appears on any lists of known or suspected terrorists or terrorist organizations provided to the broker-dealer or mutual fund by any government agency.

For further information:

• with respect to broker-dealer requirements, please contact Michael A. Macchiaroli at (202) 942-0131 or Randall W. Roy at (202) 942-0798.
   
• with respect to mutual fund requirements, please contact J. David Fielder at (202) 942-4645.