[Federal Register Volume 69, Number 155 (Thursday, August 12, 2004)]
[Notices]
[Pages 49917-49918]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-18529]


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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

[[Page 49918]]

Securities and Exchange Commission will hold the following meetings 
during the week of August 16, 2004:

    Closed Meetings will be held on Tuesday, August 17, 2004 at 2 p.m. 
and Thursday, August 19, 2004 at 2 p.m.
    An Open Meeting will be held on Wednesday, August 18, 2004 at 10 
a.m., in Room 1C30, the William O. Douglas Meeting Room.

    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)(3), (5), (7), (9)(B), and (10) and 17 CFR 
200.402(a)(3), (5), (7), 9(ii) and (10), permit consideration of the 
scheduled matters at the Closed Meetings.
    Commissioner Goldschmid, as duty officer, voted to consider the 
items listed for the closed meetings in closed sessions.
    The subject matter of the Closed Meeting scheduled for Tuesday, 
August 17, 2004 will be:
    Formal orders of investigations;
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings of an 
enforcement nature; and
    Adjudicatory matters.
    The subject matter of the Open Meeting scheduled for Wednesday, 
August 18, 2004 will be:
    1. The Commission will consider whether to adopt amendments to rule 
12b-1 under the Investment Company Act of 1940. The amended rule would 
prohibit investment companies from paying for the distribution of their 
shares with brokerage commissions. For further information, please 
contact William Middlebrooks at (202) 942-0690.
    2. The Commission will consider whether to adopt amendments to 
Forms N-1A, N-2, N-3, and N-CSR that are designed to improve the 
disclosure provided by mutual funds and closed-end funds about their 
portfolio managers. The amendments would extend the existing 
requirement that a fund provide basic information in its prospectus 
regarding its portfolio manager to members of management teams. The 
amendments would also require a fund to disclose additional information 
about its portfolio managers in its Statement of Additional Information 
(and, for closed-end funds, in reports on Form N CSR), including other 
accounts they manage, compensation structure, and ownership of 
securities in the fund. For further information, please contact Sanjay 
Lamba at (202) 942-7926.
    The subject matter of the Closed Meeting scheduled for Thursday, 
August 19, 2004 will be:
    Formal orders of investigations;
    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings of an 
enforcement nature;
    Amicus consideration; and
    Regulatory matter regarding financial institutions.
    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.

    August 10, 2004.
Jonathan G. Katz,
Secretary.
[FR Doc. 04-18529 Filed 8-10-04; 12:11 pm]
BILLING CODE 8010-01-P