FOR IMMEDIATE RELEASE
2001-93



 Advisory Committee on Market Information Delivers Report to
                             SEC
                              


     Washington, DC, September 18, 2001 -- The Securities
and Exchange Commission announced today that the Advisory
Committee on Market Information has delivered its Report to
the Commission.

     The Advisory Committee, chaired by Joel Seligman, Dean
of the Washington University School of Law in St. Louis, was
formed in August 2000 to assist the Commission in evaluating
issues relating to the public availability of market
information in the equities and options markets.  The
Commission gave the Advisory Committee a broad mandate to
explore both fundamental matters, such as the benefits of
price transparency and consolidated market information, and
practical issues such as the most effective methods of
distributing market data.  The 25 members of the Advisory
Committee represented a diverse range of perspectives on
these issues, including those of the securities exchanges,
ECNs, broker-dealers, retail and institutional investors,
and data vendors, as well as the public at large.

     The Commission appreciates the efforts of the Advisory
Committee members, and particularly the leadership of Dean
Seligman, in bringing this project to a successful
conclusion.  The Commission will carefully review the Report
and the recommendations of the Advisory Committee, as well
as the views of any interested persons who wish to comment
to the Commission on the Advisory Committee's
recommendations.

     Copies of the Report of the Advisory Committee are
available on the Commission's website at www.sec.gov, and
from the Commission's Public Reference Branch at 202-942-
8090.



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