FOR IMMEDIATE RELEASE                                  99-170

Washington, DC, December 14, 1999

                         Media Advisory
                                
     Commission to Consider Rule to Ban Selective Disclosure
                                
What:   The Securities and Exchange Commission will conduct an
        open meeting to consider a rule proposal that would ban
        selective disclosure.  Selective disclosure takes place
        when company officials disclose material information to
        certain groups of individuals, typically industry
        analysts, prior to making the information available to
        the public.
        
When:   Wednesday, December 15, 1999
        10:00 a.m. EST
        
Where:  Securities and Exchange Commission
        450 5th Street, NW
        Washington, DC
        William O. Douglas Room (1C30)
                                
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