SEC NEWS DIGEST


   Issue 2006-04                                          January 6, 2006



   COMMISSION ANNOUNCEMENTS


   COMMISSION MEETINGS

   Following  is  a  schedule  of  Commission  meetings,  which  will  be
   conducted under provisions of the  Government  in  the  Sunshine  Act.
   Meetings will be scheduled according to  the  requirements  of  agenda
   items under consideration.

   Open meetings will be held  in  the  Auditorium,  Room  L-002  at  the
   Commission's headquarters building, 100 F  Street,  N.E.,  Washington,
   D.C. Visitors are welcome at all open meetings, insofar  as  space  is
   available. Persons  wishing  to  photograph  or  videotape  Commission
   meetings must obtain permission in advance from the Secretary  of  the
   Commission. Persons wishing to tape record a Commission meeting should
   notify the Secretary's office 48 hours in advance of the meeting.

   Any member of the public who requires auxiliary aids such  as  a  sign
   language interpreter or material on tape to attend  a  public  meeting
   should contact Rochelle Franks, Office of  Human  Resources,  to  make
   arrangements. Ms. Franks can be reached at TTY number (202)  942-9558.
   In  the  event  Ms.  Franks  cannot  be  reached,  you  may  call  the
   interpreter directly at (202) 551-4158. If you are calling from a  non
   TTY number, please call the Relay Service at 1 866 377 8642.

   OPEN MEETING - TUESDAY, JANUARY 17, 2006 - 10:00 A.M.

   The subject matter of the open meeting scheduled for Tuesday,  January
   17, will be:

   The Commission will consider whether  to  propose  amendments  to  the
   disclosure  requirements  for  executive  and  director  compensation,
   related party transactions, director independence and other  corporate
   governance  matters,  and  securities  ownership   of   officers   and
   directors. The  Commission  will  also  consider  whether  to  propose
   amendments to require most of the disclosure in proxy and  information
   statements to be provided in plain English.

   For further information, please  contact  Anne  Krauskopf  or  Carolyn
   Sherman, Division of Corporation Finance at (202)  551-3500  or,  with
   regard to investment companies  and  business  development  companies,
   Kieran Brown, Division of Investment Management at (202) 551-6784.

   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: The Office of the Secretary at (202) 551-5400.