[Federal Register Volume 69, Number 43 (Thursday, March 4, 2004)]
[Notices]
[Page 10278]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-5021]



[[Page 10278]]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Sunshine Act; Meetings

    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 
March 8, 2004:
    A closed meeting will be held on Tuesday, March 9, 2004 at 2 p.m. 
and an open meeting will be held on Thursday, March 11, 2004 at 10 
a.m., in Room 1C30, the William O. Douglas Room.
    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) (5), (6), (7), (9), and (10) and 17 CFR 200.402(a) 
(5), (6), (7), 9(ii), and (10), permit consideration of the scheduled 
matters at the closed meeting.
    Commissioner Goldschmid, as duty officer, voted to consider the 
items listed for the closed meeting in closed session.
    The subject matter of the closed meeting scheduled for Tuesday, 
March 9, 2004 will be:

    Formal orders of investigation;
    Institution and settlement of administrative proceedings of an 
enforcement nature;
    Settlement of an administrative proceeding;
    Institution and settlement of injunctive actions; and
    A litigation matter.

    The subject matter of the open meeting scheduled for Thursday, 
March 11, 2004 will be:
    1. The Commission will consider whether to propose amendments to 
Form 20-F that would allow an eligible foreign private issuer that 
adopts International Financial Reporting Standards (``IFRS'') as its 
basis of accounting for the first time for any financial year beginning 
no later than January 1, 2007 to file two years, rather than three 
years, of financial statements in a registration statement or annual 
report filed for the year in which it first adopts IFRS, with 
appropriate related disclosure. In addition, the amendments would 
require all first-time adopters of IFRS to include certain information.
    For further information please contact Michael Coco, Division of 
Corporation Finance, at (202) 942-2990.
    2. The Commission will consider whether to adopt amendments to Form 
8-K under the Securities Exchange Act of 1934 to add several new 
disclosure items, amend certain of the existing Form 8-K disclosure 
items and shorten the Form 8-K filing deadline. The amendments further 
the goals of Section 409 of the Sarbanes-Oxley Act of 2002 which 
requires public companies to disclose ``on a rapid and current basis'' 
material information regarding changes in their financial condition or 
operations as the Commission, by rule, determines to be necessary or 
useful for the protection of investors and in the public interest.
    For further information, please contact Raymond Be or Julie A. 
Bell, Division of Corporation Finance, at (202) 942-2910 or (202) 942-
2906, respectively.
    3. The Commission will consider whether to propose amendments to 
Forms N-1A, N-2, and N-3 under the Securities Act of 1933 and the 
Investment Company Act of 1940, and amendments to Form N-CSR under the 
Investment Company Act of 1940 and the Securities Exchange Act of 1934, 
regarding the disclosure provided by registered management investment 
companies about their portfolio managers. The proposals would extend 
the existing requirement that a registered management investment 
company provide basic information in its prospectus regarding its 
portfolio managers to members of management teams. The proposals would 
also require a registered management investment company to disclose 
additional information about its portfolio managers in its Statement of 
Additional Information, including other investment companies and 
accounts they manage, compensation structure, and securities ownership 
in investment companies and accounts they manage.
    For further information, please contact Sanjay Lamba at (202) 942-
7926.
    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: March 2, 2004.
Jonathan G. Katz,
Secretary.
[FR Doc. 04-5021 Filed 3-2-04; 2:11 pm]
BILLING CODE 8010-01-P