FOR IMMEDIATE RELEASE                                  99-121

SEC To Host Small Business Town Hall Meeting in Albuquerque, NM

     Washington, DC, September 24, 1999 -- The Commission today
announced that a small business town hall meeting will be held at
9:00 a.m. on Thursday, October 21, 1999 at the State Bar of New
Mexico at 5121 Masthead NE, Albuquerque, New Mexico.  The small
business town hall meetings, which are being conducted throughout
the United States, convey basic information to small businesses
about fundamental requirements that must be addressed when these
businesses wish to raise capital through the public sale of
securities.  In addition, the Commission hopes to learn more
about the concerns and problems facing small businesses in
raising capital so that programs can be designed to meet their
needs, consistent with the protection of investors.

     SEC Commissioner Paul R. Carey is the featured speaker of
the Albuquerque Small Business Town Hall Meeting, which is being
co-sponsored by the Greater Albuquerque Chamber of Commerce and
the State Bar of New Mexico -- Small Firm and Solo Section.
Other speakers include G. Till Phillips, National Advocate for
Rural Affairs for the Office of Advocacy, U.S. Small Business
Administration, William J. Verant, Acting Director for the New
Mexico Securities Division, and Ingrid Baker, Ace-Net Operator
for the State of New Mexico, among others.  A question and answer
period will follow the presentations.

     For further information, contact Barbara Jacobs or Janice
McGuirk in the Office of Small Business of the Division of
Corporation Finance, at (202) 942-2950.  Or, please send an e-
mail message to the small business electronic mailbox at
"e-prospectus@sec.gov".

       There is no charge for the town hall meeting; however, we
encourage you to make reservations by calling the Greater
Albuquerque Chamber of Commerce at (505) 764-3720 or faxing your
reservation to (505) 764-3714.

     The program is co-sponsored by the Greater Albuquerque
Chamber of Commerce and the State Bar of New Mexico -- Small Firm
and Solo Section.  Use of space at the Bar Center is not an
endorsement of the program by the State Bar of New Mexico.

                           #    #    #