[Federal Register Volume 67, Number 211 (Thursday, October 31, 2002)]
[Notices]
[Pages 66433-66434]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-27774]


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SECURITIES AND EXCHANGE COMMISSION


Sunshine Act Meetings

FEDERAL REGISTER CITATION OF PREVIOUS ANNOUNCEMENT: [67 FR 65617, 
October 25, 2002]

STATUS: Open Meeting.

PLACE: 450 Fifth Street, NW., Washington, DC.

DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: Wednesday, October 30, 
2002 at 10 a.m., and Thursday, October 31, 2002 at 10 a.m.

CHANGE IN THE MEETING: Cancellation of Meeting/Additional Meetings.
    The Open Meeting scheduled for Thursday, October 31, 2002, has been 
cancelled, and rescheduled for Wednesday, November 6, 2002, at 10 a.m., 
in Room 6600. In addition to the Open Meeting scheduled for Wednesday, 
November 6, 2002, at 10 a.m., the Commission will hold Closed Meetings 
on Monday, November 4, 2002, at 10 a.m., and on Wednesday, November 6, 
2002, immediately following the Open Meeting.
    Commissioner Goldschmid, as duty officer, determined that no 
earlier notice thereof was possible.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the Closed Meetings. 
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)(5), (7), (9)(A), (9)(B), and (10) and 17 CFR 
200.402(a)(5), (7), 9(i), 9(ii) and (10), permit consideration of the 
scheduled matters at the Closed Meetings.
    The subject matter of the Closed Meeting scheduled for Monday, 
November 4, 2002 will be: formal orders of investigation; institution 
and settlement of injunctive actions; and institution and settlement of 
administrative proceedings of an enforcement nature.

[[Page 66434]]

    The following item previously scheduled for the Open Meeting on 
Thursday, October 31, 2002, at 10 a.m. is now scheduled for the Open 
Meeting on Wednesday, October 30, 2002, at 10 a.m.:

    The Commission will consider whether to propose amendments to 
the definition of terms used in the exception from the definition of 
dealer for banks under Section 3(a)(5) of the Securities Exchange 
Act of 1934. The Commission will consider whether to propose 
amendments to the related exemption for banks, savings associations, 
and savings banks as well as propose a new exemption concerning 
securities lending. These proposals relate to the implementation of 
the specific exceptions for banks from the definitions of ``broker'' 
and ``dealer'' that were amended by the Gramm-Leach-Bliley Act.

    The following item previously scheduled for the Open Meeting on 
Thursday, October 31, 2002, at 10 a.m., is now scheduled for the Open 
Meeting on Wednesday, November 6, 2002 at 10 a.m.

    The Commission will consider proposed rules establishing 
standards of professional conduct for attorneys who appear and 
practice before the Commission in any way in the representation of 
issuers, as required by Section 307 of the Sarbanes-Oxley Act of 
2002. These standards would include a rule requiring an attorney to 
report ``evidence of a material violation of securities laws or 
breach of fiduciary duty or similar violation by the company or any 
agent thereof'' to the chief legal counsel or the chief executive 
officer of the company (or the equivalent); and, if they do not 
respond appropriately to the evidence, requiring the attorney to 
report the evidence to the audit committee, another committee of 
independent directors, or the full board of directors.

    The subject matter of the Closed Meeting scheduled for Wednesday, 
November 6, 2002 will be: settlement of injunctive actions; and 
adjudicatory matter.
    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 28, 2002.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 02-27774 Filed 10-28-02; 5:01 pm]
BILLING CODE 8010-01-P