SEC Historical Society To Host Roundtable on Investment Company Regulation


Washington, D.C., December 2, 2002 -- The Commission and the Securities and Exchange Commission Historical Society will host an Oral Histories Roundtable on Wednesday, Dec. 4, 2002, focusing on investment company regulation.

The roundtable will take place from 2:00 - 5:00 p.m. EST in the William O. Douglas Room at the Commission headquarters building, 450 5th Street, N.W., Washington, D.C. The co-moderators will be Kathryn McGrath, director of the Division of Investment Management from 1983 to 1989, and David Silver, retired head of the Investment Company Institute. Panelists will include Paul Roye, current director of the Division of Investment Management; Allan Mostoff, Anne Jones, Joel Goldberg, Marianne Smythe and Barry Barbash, former directors of the Division; John Dudley and Martin Lybecker, former associate directors of the Division; Alan Rosenblat, former Chief Counsel of the Division; Stanley Judd, formerly with the Division's Office of Chief Counsel; and Edward O'Dell, who worked with mutual fund issues in the Division of Corporation Regulation.

Topics to be discussed will include the Wharton School report, Public Policy Implications; Section 17 and the 1970 Amendments of the Investment Company Act of 1940; Rules 2a-7, 12b-1, 17d-1, 22c-1 and other regulations; variable products, advertising regulation, management fee litigation, and corporate governance; regulation under the Investment Advisers Act of 1940; and the Commission's inspection program and enforcement activities.

The SEC Historical Society will offer a live audio-stream of the event on its Web site at As usual, the Roundtable will be videotaped and placed in the virtual archives of the Historical Society. It will also be audio-cast on the SEC's Web site at

The Society, founded in 1999, works to preserve the history of the SEC, sponsors research and educational programs regarding the Commission, and strives to enhance understanding of the development of the U.S. and world capital markets. The roundtable will be open to members of the Society, all SEC staff members, the press and invited guests.

For further information, please contact the Historical Society by email at

   Webmaster's note: Access to the live webcast will be available at this link shortly before 2 p.m.

Last modified: 12/4/2002