[Federal Register Volume 63, Number 12 (Tuesday, January 20, 1998)]
[Notices]
[Page 3009]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1296]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Pub. L. 94-409, that the Securities and 
Exchange Commission will hold the following meetings during the week of 
January 19, 1998.
    A closed meeting will be held on Wednesday, January 21, 1998, at 
3:00 p.m. An open meeting will be held on Thursday, January 22, 1998, 
at 10:00 a.m.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the closed meeting. 
Certain staff members who have an interest in the matters may also be 
present.
    The General Counsel of the Commission, or his designee, has 
certified that, in his opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(4), (8), (9)(A) and (10) and 17 CFR 200.402(a)(4), 
(8), (9)(i) and (10), permit consideration of the scheduled matters at 
the closed meeting.
    Commissioner Hunt, as duty officer, voted to consider the items 
listed for the closed meeting in a closed session.
    The subject matter of the closed meeting scheduled for Wednesday, 
January 21, 1998, at 3:00 p.m., will be:

Institution and settlement of injunctive actions
Institution and settlement of administrative proceedings of an 
enforcement nature

    The subject matter of the open meeting scheduled for Thursday, 
January 22, 1998, at 10:00 a.m., will be:

    The Commission will consider adopting (1) a rule requiring plain 
English for the cover page, summary, and risk factor sections of 
prospectuses filed under the Securities Act of 1933; and (2) 
codifying earlier interpretive advice on how public companies can 
comply with the current rule that prospectuses be clear, concise and 
understandable. The purpose of the proposed change is to make 
prospectuses simpler, clearer, more useful, and more used. For 
further information, please contact David Maltz at (202) 942-1921.
    At times, changes in Commission priorities require alterations 
in the scheduling of meeting items. For further information and to 
ascertain what, if any, matters have been added, deleted or 
postponed, please contact: The Office of the Secretary at (202) 942-
7070.

    Dated: January 14, 1998.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-1296 Filed 1-14-98; 4:01 pm]
BILLING CODE 8010-01-M