SEC Announces Panelists & Agenda for July 9 Roundtable on Fair Value Accounting Standards

Washington, D.C., July 2, 2008 (LAWFUEL) – Securities and Exchange Commission today announced the panelists and agenda for its July 9 roundtable on fair value accounting and auditing standards.

SEC Chairman Christopher Cox will begin the roundtable with opening remarks at 9 a.m. ET. The roundtable will be organized into two panels. The first panel will focus on fair value accounting issues from the perspective of larger financial institutions and the needs of their investors. The second panel will discuss these issues from the perspective of all public companies, including small public companies, and the needs of their investors.

The following panelists are scheduled to participate and discuss topics related to the benefits and potential challenges associated with existing fair value accounting and auditing standards.

9:15 a.m. – Panel One: Large Financial Institutions

Jane B. Adams, Maverick Capital
Russell B. Mallett, III, PricewaterhouseCoopers LLP
Kathy Petroni, Michigan State University
Joseph Price, Bank of America Corporation
Kurt N. Schacht, CFA Institute Centre for Financial Market Integrity
Matthew Schroeder, The Goldman Sachs Group, Inc.
James S. Tisch, Loews Corporation

11 a.m. – Panel Two: All Public Companies

Leonard W. Cotton, Centerline Capital Group
Sam Gutterman, PricewaterhouseCoopers LLP
Charles Holm, Federal Reserve Bank
Gary R. Kabureck, Xerox Corporation
Kenneth B. Robins, Fidelity Investments – Equity and High Income Funds
R. Harold Schroeder, Carlson Capital
Wes Williams, Crowe Chizek and Company LLC
John B. Wojcik, Bank of the West

In addition, the following individuals are scheduled to participate in both panel discussions as observers:

Thomas J. Linsmeier, Financial Accounting Standards Board
James J Leisenring, International Accounting Standards Board
Mark W. Olson, Public Company Accounting Oversight Board

The roundtable will take place on July 9, 2008, from 9 a.m. to approximately 12:30 p.m. ET at the SEC’s headquarters, 100 F Street N.E., Washington D.C. The roundtable will be open to the public with seating on a first-come, first-serve basis. Doors will open at 8:30 a.m. ET. Visitors will be subject to security checks.

Real-time audio and video webcasts will be available on the SEC Web site at www.sec.gov.

For additional information, please contact John Heine in the SEC’s Office of Public Affairs at 202-551-4123.

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