FOR IMMEDIATE RELEASE                                     98-57


          SEC To Host Small Business Town Hall Meeting
                     in Salt Lake City, Utah


Washington, D.C., June 9, 1998 -- The Commission today announced
that a small business town hall meeting will be held at 4:00 p.m.
on Thursday, June 25, 1998 at the University of Utah Francis A.
Madsen Building on East Campus Center Drive in Salt Lake City,
Utah.  The small business town hall meetings, which are being
conducted throughout the United States, convey basic information
to small businesses about fundamental requirements that must be
addressed when these businesses wish to raise capital through the
public sale of securities.  In addition, the Commission hopes to
learn more about the concerns and problems facing small
businesses in raising capital so that programs can be designed to
meet their needs, consistent with the protection of investors.

Commissioner Norman S. Johnson and Brian J. Lane, Director of the
Division of Corporation Finance, will be the featured speakers of
the Salt Lake City Small Business Town Hall Meeting. Other
speakers include Steve Price, Assistant District Director--Utah
for the U.S. Small Business Administration, S. Anthony Taggart,
Director of Corporate Finance for the Division of Securities of
the State of Utah, and Bradley B. Bertoch, President of the Wayne
Brown Institute.  A question and answer period will follow the
presentations.

For further information, contact Barbara Jacobs, Deputy Chief of
the Office of Small Business in the Division of Corporation
Finance, at (202) 942-2950 or please send an e-mail message to
the Small Business electronic mailbox at e-prospectus@sec.gov.

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