[Federal Register Volume 61, Number 45 (Wednesday, March 6, 1996)]
[Notices]
[Page 8989]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-5158]



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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-36908; File No. 265-19]


Consumer Affairs Advisory Committee

AGENCY: Securities and Exchange Commission.

ACTION: Notice of the Renewal of the Securities and Exchange Commission 
Consumer Affairs Advisory Committee.

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SUMMARY: The Chairman of the Commission, with the concurrence of the 
other members of the Commission, has renewed the Securities and 
Exchange Commission's Consumer Affairs Advisory Committee 
(``Committee''). The Committee will advise the Commission on the 
interests and concerns of individual investors in the securities 
market.

ADDRESSES: Written comments should be submitted in triplicate and 
should refer to File No. 265-19. Comments should be submitted to 
Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549.

FOR FURTHER INFORMATION CONTACT: Jonathan M. Gottsegen, Counsel to the 
Director, Office of Investor Education and Assistance, at (202) 942-
7040; Securities and Exchange Commission, 450 Fifth Street, N.W., 
Washington, D.C. 20549.

SUPPLEMENTARY INFORMATION: In accordance with the requirements of the 
Federal Advisory Committee Act, 5 U.S.C. App., the Securities and 
Exchange Commission has directed publication of this notice that 
Chairman Arthur Levitt, with the concurrence of the other member of the 
Commission, has renewed the ``Securities and Exchange Commission 
Consumer Affairs Advisory Committee.'' Chairman Levitt certifies that 
he has determined that the renewal of the Committee is necessary and in 
the public interest.
    The Committee's charter directs the Committee to (1) advise the 
Commission on the interests and concerns of consumers and individual 
investors who participate, directly or indirectly, in the U.S. 
securities markets, and (2) to advise the Commission on how the 
Commission's existing and proposed rules and programs could be improved 
to provide better disclosure and protection to individual consumers and 
investors.
    The Committee members represent the varied interests affected by 
the range of issues being considered. The Committee's membership 
includes persons who represent investors, issuers, market participants, 
independent public accountants, regulators and the public at large. The 
Committee's members represent a variety of viewpoints and have varying 
experience, and the Committee is balanced in terms of points of view, 
backgrounds and tasks. The Chairman of the Committee is Chairman 
Levitt.
    The Committee will conduct its operations in accordance with the 
provisions of the Federal Advisory Committee Act. The duties of the 
Committee are solely advisory. Determinations of action to be taken and 
policy to be expressed with respect to matters upon which the Advisory 
Committee provides advice or recommendations shall be made solely by 
the Commission. The Committee will meet at such intervals as are 
necessary to carry out its functions. The Securities and Exchange 
Commission will provide necessary support services to the Committee.
    The Committee will terminate on February 18, 1998 unless its 
charter is renewed for a further period in accordance with the Federal 
Advisory Committee Act. The Committee will also terminate on February 
18, 1998 if the Chairman, with the concurrence of the other members of 
the Commission, determine that continuance of the Committee is no 
longer in the public interest.
    Concurrent with publication of this notice in the Federal Register, 
a copy of the charter of the Committee will be filed with the Chairman 
of the Commission, the Senate Committee on Banking, Housing, and Urban 
Affairs and the House Committee on Commerce. A copy of the charter will 
also be furnished to the Library of Congress and placed in the 
Commission's Public Reference Room for public inspection.

    Dated: February 29, 1996.

    By the Commission.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-5158 Filed 3-5-96; 8:45 am]
BILLING CODE 8010-01-M