Washington, D.C. – Citizens for a Sound Economy Foundation hosted a Policy Watch panel, “Who Let the Bears Out? Persepectives on a New SEC and the Fate of Financial Markets” on February 21, 2001. Expert panelists included Joe Lombard, Senior Counsel to former SEC Chairman Arthur Levitt, Matt Andresen, CEO of Island Electronic Communications Network, Gregory Smith, Financial Analyst with JP Morgan H & Q, and CSE Foundation’s Research Fellow, Jerry Ellig. The panel delved into such areas as electronic communications networks and the future agenda of the SEC, and how these two items will affect the stability and prosperity of our financial markets.
The panel of experts’ knowledge of the SEC and financial markets provided the attendees with a stimulating and informative educational debate. The House Financial Services Subcommittee room was completely occupied by media, third party representatives and congressional aides. Over 70 individuals attended the event leaving only standing room for late arrivals. A number of media stories covered the event including United Press International’s “Commentary: The Bear’s Lair — Close Down This Casino!” and Bureau of National Affairs-Daily Report for Executives “New SEC Faces Issue of Price Quoting Via Electronic Communications Networks.”