FOR IMMEDIATE RELEASE 	98-89


          SEC to Consider One Item at an Open Meeting


     Washington, D.C., September 22, 1998 -- The Securities and

Exchange Commission will consider one item at an open meeting

conducted under the Government in the Sunshine Act on Wednesday,

September 23, at 10:00 a.m.  The meeting will be held in Room

1C30 at the Commission's headquarters building, 450 Fifth Street,

N.W., Washington, D.C.  The item for discussion is



 *    whether to adopt an amendment to Rule 102(e) of
      the Commission Rules of Practice clarifying the
      Commission's standard for determining when accountants
      engage in "improper professional conduct."


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Any member of the public who requires auxiliary aids such as a
sign language interpreter or material on tape to attend a public
meeting should contact Rochelle Franks, Office of Administrative
and Personnel Management, to make arrangements.  Ms. Franks can
be reached at TTY number (202) 942-9558.  If you are calling from
a  non-TTY number, please call the Relay Service at
1-800-877-8339.