[Federal Register Volume 64, Number 196 (Tuesday, October 12, 1999)]
[Notices]
[Pages 55323-55324]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-26644]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meeting

Agency Meeting
    Notice is hereby given, pursuant to the provisions of the 
Government in the Sunshine Act, Pub. L. 94-409, that the

[[Page 55324]]

Securities and Exchange Commission will hold the following meetings 
during the week of October 11, 1999.
    An open meeting will be held on Wednesday, October 13, 1999, at 10 
a.m. A closed meeting will be held on Wednesday, October 13, 1999, 
following the 10 a.m. open meeting.
    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 Johnson, as duty officer, voted to consider the items 
listed for the closed meeting in a closed session.
    The subject matter of the open meeting scheduled for Wednesday, 
October 13, 1999, at 10:00 a.m. will be:

    The Commission will consider whether to propose new rules and 
rule amendments that are designed to enhance the independence and 
effectiveness of independent directors and to better enable 
investors to assess the independence of directors. The Commission 
also will consider whether to issue a companion release that would 
provide the views of its staff on a number of interpretive issues 
related to fund directors, and the views of the Commission on its 
role in disputes between independent directors and fund management. 
These initiatives follow on discussions at a Roundtable on fund 
independent directors hosted by the Commission earlier this year. 
For further information regarding the proposed substantive rule 
amendments, contact Jennifer B. McHugh at (202) 942-0690; regarding 
the proposed disclosure rule amendments, contact Heather A. Seidel 
at (202) 942-0721; or regarding the interpretive release, contact 
Brendan C. Fox at (202) 942-0660.

    The subject matter of the closed meeting scheduled for Wednesday, 
October 13, 1999, following the 10:00 a.m. open meeting, will be:

Institution and settlement of injunctive actions
Institution and settlement of administrative proceedings of an 
enforcement nature
Formal order of investigation.

    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: October 6, 1999.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-26644 Filed 10-7-99; 11:32 am]
BILLING CODE 8010-01-M