FOR IMMEDIATE RELEASE 99-128 SEC Releases Full Agenda and Panelists for First Annual Municipal Market Roundtable Washington, DC, October 7, 1999 -- The Securities and Exchange Commission today released the full agenda and panelists for the first annual Municipal Market Roundtable that it will host on Thursday, October 14, 1999. The roundtable will take place in the William O. Douglas Room at the Securities and Exchange Commission, 450 5th Street, NW, Washington, DC. The event is open to the public and free of charge. Seating will be on a first come, first served basis but will be limited to approximately 225 people. For additional information please call the Office of Municipal Securities at (202) 942-7300. The roundtable will provide a forum for all municipal market participants, including issuers, underwriters, bond counsel, financial advisors, scholars, and regulators, to explore current issues in disclosure and other practices in the municipal marketplace. Municipal Market Roundtable October 14, 1999 8:15 - 8:45 Arrival 8:45- 9:15 Opening Remarks Arthur Levitt Chairman SEC 9:30 - 11:00 PANEL I: Bringing Bonds to Market - Issues Arising in Primary Offerings Moderator & Bond Lawyer John M. McNally Partner Hawkins, Delafield & Wood Panelists Walter P. Schuetze Chief Accountant SEC - Division of Enforcement Amy Meltzer Starr Special Counsel SEC - Division of Corporation Finance ISSUER J. Ben Watkins III Director State of Florida Division of Bond Finance UNDERWRITER Barry T. Smitherman Managing Director and National Head of Municipal Finance Banc One Capital Markets, Inc. FINANCIAL ADVISORS William W. Cobbs Chairman Public Resources Advisory Group Robert F. Sikora President Munistat Services, Inc. NRMSIR Joseph F. Sensale Product Manager Standard & Poor's INVESTOR Christopher M. Ryon Principal Vanguard Fixed Income Group 11:00 - 11:15 BREAK 11:15 - 12:45 PANEL II: After the Closing - Issues Arising Throughout the Life of a Bond Issue Moderator Paul S. Maco Director SEC - Office of Municipal Securities Panelists Catherine McGuire Chief Counsel SEC - Division of Market Regulation ISSUERS Alan L. Anders Director of Financing Policy and Coordination City of New York Office of Management and Budget Paul K. Burbine Financial Director Massachusetts Housing Finance Agency UNDERWRITER Scott C. Sollers Principal and Manager of the Public Finance Department Stone & Youngberg LLC FINANCIAL ADVISOR Patricia Garrison-Corbin Chief Executive Officer P.G. Corbin Group, Inc. BOND LAWYER Monty Humble Partner Vinson & Elkins L.L.P. NRMSIR Peter J. Schmitt President DPC Data, Inc. INVESTOR Richard A. Ciccarone Senior Vice President Van Kampen Investment Advisory Corp. 12:45 - 2:00 LUNCH BREAK (Attendees and Panelists are free to make their own arrangements) 2:00 - 3:15 PANEL III: Electronic Disclosure Moderator Catherine McGuire Chief Counsel SEC - Division of Market Regulation Panelists Michael R. McAlevey Deputy Director SEC - Division of Corporation Finance ISSUER Frank R. Hoadley Capital Finance Director Department of Administration, State of Wisconsin UNDERWRITERS Joanne Mays Becker Vice President J.P. Morgan Securities Inc. Howard D. Marsh Managing Director Salomon Smith Barney FINANCIAL ADVISOR Mark S. Vislosky President Fiscal Advisors & Marketing, Inc. BOND LAWYER Robert A. Fippinger Partner Orrick Herrington & Sutcliffe LLP MSRB Christopher A. Taylor Executive Director Municipal Securities Rulemaking Board INVESTOR Mary J. Miller Municipal Department Director T. Rowe Price Associates 3:15 - 3:30 BREAK 3:30 - 4:45 PANEL IV: Fiduciary and Other Duties of Transaction Participants Moderator Meyer Eisenberg Deputy General Counsel SEC Panelists Paul F. Roye Director SEC - Division of Investment Management ISSUER Ann Butterworth Assistant to the Comptroller of the Treasury State of Tennessee UNDERWRITER Thomas E. Stanberry Director of Fixed Income Capital Markets U.S. Bancorp Piper Jaffray Inc. FINANCIAL ADVISOR Robert C. Bendzinski Chairman Bendzinski & Co. BOND LAWYER Fredric A. Weber Partner Fulbright & Jaworski L.L.P. ACADEMIC Tamar Frankel Professor of Law Boston University INVESTOR Thomas J. Kenny Executive Vice President and Director of Municipal Bond Department Franklin Templeton Group 4:45- 5:15 CLOSING REMARKS Paul Maco Director SEC - Office of Municipal Securities # # #