[Federal Register Volume 59, Number 47 (Thursday, March 10, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5806]
[[Page Unknown]]
[Federal Register: March 10, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Agency 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 14, 1994.
A closed meeting will be held on Tuesday, March 15, 1994, at 2:30
p.m. An open meeting will be held on Wednesday, March 16, 1994, at 10
a.m.
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)(4), (8), (9)(A) and (10) and 17 CFR 200.402(a)(4),
(8), (9)(i) and (10), permit consideration of the scheduled matters at
a closed meeting.
Commissioner Roberts, as duty officer, voted to consider the items
listed for the closed meeting in a closed session.
The subject matter of the closed meeting scheduled for Tuesday,
March 15, 1994, at 2:30 p.m., will be:
Institution of injunctive actions.
Institution of administrative proceedings of an enforcement
nature.
Settlement of administrative proceedings of an enforcement
nature.
Opinions.
The subject matter of the open meeting scheduled for Wednesday,
March 16, 1994, at 10 a.m., will be:
Consideration of whether to propose for public comment two new
rules and rule amendments under the Investment Advisers Act of 1940.
The first rule would expressly prohibit investment advisers from
making unsuitable recommendations to clients. The second rule would
prohibit registered investment advisers from exercising investment
discretion with respect to client accounts unless they have a
reasonable belief that the custodians of those accounts send account
statements to the clients no less frequently than quarterly. Related
amendments to recordkeeping rule under the Advisers Act also would
be proposed. For further information, please contact Robert E. Plaze
or W. Thomas Conner at (202) 272-2107.
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: Carrie Dwyer (202) 272-2000.
Dated: March 8, 1994.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 94-5806 Filed 3-8-94; 3:56 pm]
BILLING CODE 8010-01-M
