FOR IMMEDIATE RELEASE 2000-67 SEC Releases Program for the Roundtable on Investment Adviser Regulatory Issues Washington, DC, May 17, 2000 -- The Securities and Exchange Commission today released the list of panelists and schedule for the Roundtable on Investment Adviser Regulatory Issues that it will host at its headquarters in Washington, DC on May 23, 2000, beginning at 9:00 a.m. The agenda for this event was previously released and is available on the Commission's website at http://www.sec.gov/news/indfund.htm. The Roundtable will explore several significant regulatory issues that the Commission plans to address in the next year. Seating is available to all members of the public on a first- come, first-served basis. For further information, contact Cynthia M. Fornelli, Senior Adviser to the Director, Division of Investment Management, at (202) 942-0720, or J. David Fielder, Adviser to the Director, Division of Investment Management, at (202) 942-0530, fielderd@sec.gov, at Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549-0506. Please call the Commission's Office of Public Affairs at (202) 942-0020 for information about commercial services available for those wishing to monitor the proceedings remotely for a fee. Program for the SEC Roundtable on Investment Adviser Regulatory Issues May 23, 2000 9:00-9:15 Introductory Remarks Paul F. Roye Director SEC - Division of Investment Management Arthur Levitt Chairman SEC 9:15 - 11:00 Investment Advisers In Today's Competitive Markets / Modernization of Adviser Regulation Paul F. Roye, Moderator Director SEC - Division of Investment Management Phyllis Bernstein Director of Personal Financial Planning American Institute of Certified Public Accountants Roy T. Diliberto President The Financial Planning Association and President RTD Financial Advisors, Inc. Paul S. Gottlieb First Vice-President and Assistant General Counsel Merrill Lynch Pierce Fenner & Smith Inc. R. Clark Hooper Executive Vice President National Association of Securities Dealers Regulation Joanne T. Medero Managing Director and Chief Counsel Barclays Global Investors Robert E. Plaze Associate Director SEC - Division of Investment Management Bradley W. Skolnik President North American Securities Administrators Association and Indiana Securities Commissioner David G. Tittsworth Executive Director Investment Counsel Association of America 11:00 - 11:15 Break 11:15 - 12:30 Trading Practices Cynthia M. Fornelli, Moderator Senior Adviser to the Director SEC - Division of Investment Management Gene A. Gohlke Associate Director SEC - Office of Compliance, Inspections & Examinations Paul G. Haaga, Jr. Executive Vice President and Director Capital Research and Management Company Henry H. Hopkins Managing Director and Chief Legal Counsel T. Rowe Price Associates Thomas P. Lemke Partner Morgan, Lewis & Bockius Charles Tschampion Chairman Association for Investment Management and Research and Managing Director Investment Strategy and Defined Contribution Plans General Motors Investment Management Corp. 12:30-2:00 Lunch Break 2:00-3:15 Other Conflicts of Interest Robert E. Plaze, Moderator Associate Director SEC - Division of Investment Management Guy M. Cumbie President-Elect The Financial Planning Association and Principal Cumbie Advisory Services Meyer Eisenberg Deputy General Counsel SEC - Office of General Counsel Susan MacMichael John Government Affairs Liaison National Association of Personal Financial Advisors Ellen R. Porges Managing Director and General Counsel Investment Management Division Goldman Sachs Sandra P. Tichenor President Investment Counsel Association of America and Executive Vice President, Secretary and General Counsel Loomis Sayles & Co., LP Mary Ann Tynan Senior Vice President, Partner and Director of Regulatory Affairs Wellington Management Co., LLP 3:15-3:30 Break 3:30-4:30 Advertising and Performance Reporting Douglas J. Scheidt, Moderator Associate Director / Chief Counsel SEC - Division of Investment Management Luis Aguilar General Counsel INVESCO, Inc. Michael S. Caccese General Counsel and Senior Vice President Association for Investment Management and Research Thomas M. Mistele General Counsel, Secretary and Vice President Dodge & Cox Kathryn L. Quirk Managing Director and General Counsel Scudder Kemper Investments Inc. Lori A. Richards Director SEC - Office of Compliance, Inspections & Examinations 4:30-5:30 Technology and Investment Adviser Regulation Robert E. Plaze, Moderator Associate Director SEC - Division of Investment Management Jilaine Hummel Bauer Senior Vice President and General Counsel Heartland Advisors, Inc. Scott W. Campbell Vice-President and General Counsel Financial Engines Advisers, LLC Alton "Chip" Jones, Jr. Vice-President of Securities Affairs Regulatory and Industry Affairs American Express Financial Advisors Melanie Senter Lubin Chair Investment Adviser Section North American Securities Administrators Association, Inc. and Maryland Securities Commissioner John D. Markese, Ph.D President American Association of Individual Investors Craig S. Tyle General Counsel Investment Company Institute ###