FOR IMMEDIATE RELEASE 2001-119 SEC HISTORICAL SOCIETY TO HOLD MAJOR ISSUES CONFERENCE ON SECURITIES REGULATION IN THE GLOBAL INTERNET ECONOMY Washington, DC, October 25, 2001 - The Securities and Exchange Commission today announced that the Securities and Exchange Commission Historical Society, in cooperation with the Commission and with the support of the Northwestern University School of Law, will hold a Major Issues Conference on Securities Regulation in the Global Internet Economy. This is the first SEC-supported conference since 1984 that is devoted to examining broad policy issues in securities regulation. The conference will be held November 14-15 at the Grand Hyatt Hotel at 1000 H Street, N.W., Washington, DC, and will bring together more than 43 speakers to participate in five panel discussions. The theme of Securities Regulation in the Global Internet Economy was chosen because the rapid development of a global marketplace requires a careful reexamination of the fundamental principles of securities regulation. SEC Chairman Harvey Pitt, who will address the group as the keynote speaker, said, "In the field of securities law today, there is no more important priority for securities regulators than to address the role of securities regulation in the global marketplace. This conference will play an important role in helping us set our regulatory agenda. We look forward to participating in the proceedings and discussing the important issues and challenges confronting today's capital markets." David Ruder, Chairman of the Historical Society and a former Chairman of the SEC, said, "We are extremely fortunate to have assembled such an outstanding group of both theorists and practitioners of securities regulation. The conference will offer much that will be worthwhile and thought provoking for attendees from the securities bar, accounting profession and securities industry." Conference sessions will cover the entire range of Commission responsibilities in the global Internet economy. Speakers at the conference represent a broad spectrum of U.S. and foreign securities regulators, stock market officials, accountants, lawyers, and academics. Senator Paul Sarbanes, Chairman of the Senate Committee on Banking, Housing and Urban Affairs, and Michel Prada, Chairman of the French Commission des Operations de Bourse, will be the featured luncheon speakers. Panelists will include Edmund Jenkins of the Financial Accounting Standards Board, Richard Ketchum of the National Association of Securities Dealers, and senior officials of foreign regulatory agencies in Europe, Asia and South America. A complete list of the speakers is attached, and the entire agenda and registration form are available on the Commission's website at http://www.sec.gov. For additional information, please contact R. A. Pete Wentz, Associate Dean, Northwestern University School of Law at (312) 503- 1828. The Securities and Exchange Commission Historical Society was founded in 1999. It works to preserve the history of the SEC, to sponsor research and educational programs regarding the SEC, and to enhance understanding of United States and world capital markets. # # # Securities Regulation in the Global Internet Economy November 14 and 15, 2001 - Washington, D.C. Speakers Keynote Speakers: Harvey L. Pitt, Chairman of the United States Securities and Exchange Commission Senator Paul S. Sarbanes, Chairman of the Senate Committee on Banking, Housing, and Urban Affairs Michel Prada, Chairman of the Commission des Operations de Bourse, France Foreign Securities Regulators and Officials: David A. Brown, Chairman, Ontario Securities Commission John Mogg, Director General, Internal Market Directorate General, European Commission Anthony Neoh, Chief Advisor, China Securities Regulatory Commission Jose L. Osorio, President, Comissao de Valores Mobiliarios, Brazil Stuart Willey, Chief Counsel, Investment Business, Financial Services Authority, England George Wittich, President, BAWe (Securities Commission), and former Chair, Federation of European Securities Commissions Accounting Standards Setters: Edmund L. Jenkins, Chairman, Financial Accounting Standards Board Sir David Tweedie, Chairman, International Acounting Standards Board Stock Market Officials: Donald Cruickshank, Chairman, London Stock Exchange Philip D. Defeo, Chairman and Chief Executive Officer, Pacific Exchange Richard A. Grasso, Chairman and Chief Executive Officer, New York Stock Exchange, Inc. Richard G. Ketchum, President and Chief Operating Officer, National Association of Securities Dealers, Inc. Securities Industry Participants: Douglas Atkin, President and Chief Executive Officer, Instinet Group, Inc. James Dannis, Berens Capital Management Stephen L. Hammerman, Vice Chairman of the Board, Merrill Lynch & Co., Inc. Gary G. Lynch, Global General Counsel, Credit Suisse First Boston Robert C. Pozen, Vice Chairman, Fidelity Investments David Silver, Former Chairman, ICI Mutual Insurance Company Steven M. H. Wallman, President, Foliofn Investments, Inc. Academics: David S. Ruder, William W. Gurley Memorial Professor of Law, Northwestern University School of Law Andrei Shleifer, Professor, Department of Economics, Harvard University Lynn E. Turner, Professor, College of Business, Colorado State University Accountants: Philip A. Laskawy, former Chairman and Chief Executive Officer, Ernst & Young Lawyers: Edward F. Greene, Cleary, Gottlieb, Steen & Hamilton Alan B. Levenson, Fulbright & Jaworski Kathleen H. Moriarty, Carter, Ledyard & Milburn Richard M. Phillips, Kirkpatrick & Lockhart Linda C. Quinn, Shearman & Sterling William Underhill, Slaughter and May Steven K. West, Sullivan & Cromwell William J. Williams Jr., Sullivan & Cromwell United States Securities and Exchange Commissioners and Senior Staff: Isaac C. Hunt Jr., Commissioner Laura S. Unger, Commissioner David M. Becker, General Counsel Stephen M. Cutler, Acting Director, Division of Enforcement Felice B. Friedman, Acting Director, Office of International Affairs Robert K. Herdman, Chief Accountant David B. H. Martin Jr., Director, Division of Corporation Finance Annette L. Nazareth, Director, Division of Market Regulation Paul F. Roye, Director, Division of Investment Management To register, contact: R. A. Pete Wentz, Associate Dean, Northwestern University School of Law p-wentz@law.northwestern.edu (312) 503-1828