SEC Brings First Regulation FD Enforcement Actions

Today the Securities and Exchange Commission instituted three settled enforcement actions and issued one Report of Investigation relating to Regulation FD. The actions, and the accompanying releases, are: In the Matter of Raytheon Company and Franklyn A. Caine, Release No. 34-46897; In the Matter of Secure Computing Corporation and John McNulty, Release No. 34-46895; In the Matter of Siebel Systems, Inc., Release No. 34-46896, Litigation Release No. 17860; and Report of Investigation in the Matter of Motorola, Inc., Release No. 34-46898. These are the first Regulation FD enforcement actions taken by the Commission.

Contacts:

Raytheon
Wayne M. Carlin, Regional Director
Northeast Regional Office
646-428-1510

Mark Schonfeld, Associate Regional Director
646-428-1650

Secure Computing
Helane L. Morrison, District Administrator
San Francisco District Office
415-705-2450

Robert L. Mitchell, Assistant District Administrator
415-705-2351

Siebel Systems
Antonia Chion, Associate Director
Division of Enforcement
202-942-4567

Scott W. Friestad, Assistant Director
202-942-4732

Motorola
Wayne M. Carlin, Regional Director
Northeast Regional Office
646-428-1510

Barry Rashkover, Associate Regional Director
646-428-1856