FOR IMMEDIATE RELEASE                              2001-35



SEC Announces Agenda and List of Participants for Regulation
                        FD Roundtable
                              
                              
     Washington, DC, April 12, 2001 - As previously
announced, Acting Chairman Laura S. Unger is moderating a
public roundtable discussion on Regulation FD (Fair
Disclosure) on Tuesday, April 24, 2001.

     In August 2000, the Commission adopted Regulation FD to
curb the practice of selective disclosure of material
nonpublic information.  The regulation became effective in
October 2000.  Issuers, analysts, investors and regulators
have operated under the FD disclosure regime for
approximately six months.

     Acting Chairman Unger noted: "At the time we adopted
Regulation FD, the Commission made a commitment to monitor
closely the rule's impact on information flow.  At the April
24th roundtable, the Commission will honor that commitment
by discussing the initial experiences of issuers, analysts
and investors with the rule.  I expect a vigorous and
enlightening dialogue that will provide us with a first hand
look at how Regulation FD has impacted disclosure and
changed the information landscape."

     The roundtable will convene at the Alexander Hamilton
U.S. Customs House Auditorium, One Bowling Green, New York,
New York, on April 24, from 10 a.m. to 4:30 p.m.  The public
is invited to observe the discussion on a first-come, first-
serve basis.  The facility accommodates seating for
approximately 300.  Interested parties can also access the
roundtable via audio web cast through the Commission's
website at www.sec.gov.   A full agenda and list of
participants for the roundtable follows.
                              
                              
                              
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             Regulation FD:  How is it Working?
             April 24, 2001, 10 a.m. - 4:30 p.m.
                              
      Alexander Hamilton U.S. Customs House Auditorium
                      One Bowling Green
                  New York, New York 10004

         Moderator:  Acting Chairman Laura S. Unger

            Morning Session (10 a.m.-12:30 p.m.)

Introductory Remarks by Acting Chairman Unger, Commissioner
 Hunt and Commissioner Carey  (10-10:15 a.m.)

  I.   Adjusting to the Regulation FD Disclosure Regime:
       Policies, Practices, and Trends

       A.    The Issuer Perspective (10:15-11:30 a.m.)

Panelists: Kipp Bedard, VP Corporate Affairs, Micron
            Technology, Inc.
          Martha Demski, VP/CFO, Vical Inc.
          Daniel Hann, Sr. VP/General Counsel, Biomet, Inc.
          Doug Lusk, Director of Investor Relations, Intel
          Polly Pearson, VP Global Investor Relations, EMC
            Corp.
          David Shedlarz, Exec. VP/CFO, Pfizer Inc.
          Bina Thompson, VP Investor Relations, Colgate-
             Palmolive Co.

Commentators:  John Huber, Latham & Watkins
               David Ruder, Northwestern Univ. Law School

       B.   The Information Disseminator and Media Perspective
          (11:30 a.m.-12:30 p.m.)
  
Panelists: David Armon, President, Americas Division, PR
           Newswire
          Mark Coker, Founder and President, BestCalls.com
          Ron Insana, Anchor, CNBC
          Floyd Norris, Chief Financial Correspondent, New
            York Times
          Cathy Baron Tamraz, COO, Business Wire
          Louis Thompson, Jr., President/CEO, National
            Investor Relations Institute
          Patricia Doran Walters, Sr. VP, Professional
            Standards & Advocacy, Association for
            Investment Management and Research

Commentators:  David Ruder, Northwestern University Law
                 School
               David Becker, General Counsel, SEC

 
                Lunch Break (12:30-1:30 p.m.)
                              
                              
             Afternoon Session (1:30-4:30 p.m.)

  II.  The Information Landscape Post-Regulation FD:  Effect
       on the Quality and Quantity of Issuer Disclosure
  
       A.   The Securities Analyst's Perspective (1:30-2:45 p.m.)
          
Panelists:  David Berry, Exec. VP/Director of Research,
              Keefe, Bruyette & Woods
            Michael Blumstein, Managing Director/Director
              of North America Research, Morgan Stanley
          H. Perry Boyle, Director of East Coast Research,
              Thomas Weisel Partners
          Frank Fernandez, Sr. VP/Chief Economist,
             Securities Industry Ass'n
          Chuck Hill, Director of Research - Quantitative
             Data, First Call Corp.
          Stuart Karle, Associate General Counsel, Dow Jones
             & Co.
          Adam Lashinsky, Silicon Valley Columnist,
             TheStreet.com

Commentators:  Donald Langevoort, Georgetown Univ. Law
                 School
               William Atkinson, Acting Chief Economist, SEC


       B.The Investor's Perspective  (2:45-4:00)

Panelists: Alan Cleveland, Special Legal Counsel, New
            Hampshire Retirement Sys.
          Tom Gardner, Co-Founder and Chairman, The Motley
            Fool
          Gregg Hymowitz, Principal and Founder, Entrust
            Capital
          George Kim Johnson, General Counsel, Public
            Employees' Retirement Ass'n of Colorado
          John Markese,  President, Am. Ass'n of Individual
            Investors
          Eric Roiter, Sr. VP/General Counsel, Fidelity
            Management & Research

Commentators:  Donald Langevoort, Georgetown Univ. Law
                 School
               David Martin, Director, Division of
                 Corporation Finance, SEC


  III.  Observations of the Securities Bar (4-4:30 p.m.)

Panelists:  Harvey Pitt, Fried Frank Harris Shriver &
              Jacobson
          Herbert Wander, Katten Muchen Zavis


Closing Remarks