Government-Business Forum on Small Business Capital Formation 

SEC Headquarters 

450 Fifth Street, N.W., Washington, D.C. 20549 

September 20, 2004 

Agenda 

9:00 a.m. Introductory Remarks 

 Gerald J. Laporte, Chief, Office of Small Business Policy 

 SEC Division of Corporation Finance 

9:05 a.m. Opening Remarks 

 SEC Commissioner Roel C. Campos 

 

9:15 a.m. First Roundtable Discussion – Developments in Auditing Rules and 

Their Impact on Smaller Public Companies 

 Moderators: 

 Alan L. Beller, Director, SEC Division of Corporation Finance 

 Andrew D. Bailey, SEC Deputy Chief Accountant 

Participants: 

SEC Commissioner(s) 

William E. Balhoff, Director, Postlethwaite & Netterville, Baton Rouge, 

La. 

George J. Batavick, Board Member, FASB, Norwalk, Conn. 

Douglas R. Carmichael, Chief Auditor and Director of Professional 

Standards, PCAOB, Washington, D.C. 

Lynnette C. Fallon, Senior Vice-President and General Counsel, 

Axcelis Technologies, Inc., Beverly, Mass. 

Mark Jensen, Partner & National Director, Venture Capital Services, 

Deloitte, San Jose, Calif. 

Lawrence R. Moreau, Board Member, IntermixMedia, Inc., Los Angeles, 

Calif. 

Bruce Webb, McGladrey & Pullen LLP, Des Moines, Iowa 

10:45 a.m. Break 

11:00 a.m. Second Roundtable Discussion – Current Challenges to Smaller 

Companies Under Disclosure and Corporate Governance Rules
 Moderators: 

Alan L. Beller, Director, SEC Division of Corporation Finance 

Marc Morgenstern, Managing Partner, Kahn Kleinman, Cleveland, Ohio

 

 Participants: 

 SEC Commissioner(s)

 Steven E. Bochner, Wilson, Sonsini, Goodrich & Rosati, Palo Alto, Calif. 

James A. Brigagliano, Assistant Director, Trading Practices, SEC Division 

of Market Regulation 

Brian A. Bussey, Assistant Chief Counsel, SEC Division of Market 

Regulation

Denise Voigt Crawford, Securities Commissioner, Texas State Securities 

Board, Austin, Tex. 

Stanley Keller, Palmer & Dodge, LLP, Boston, Mass. 

Richard M. Leisner, Trenham Kemker, Tampa, Fla. 

Hugh H. Makens, Warner, Norcross & Judd, LLP, Grand Rapids, Mich. 

Herbert S. Wander, Katten Muchin Zavis Rosenman, Chicago, Ill. 

 

12:30 p.m. Lunch 

1:15 p.m. Post-Luncheon Program: Question and Answer Session with 

SEC Senior Staff Members 

Participants who wish to submit questions for response during this 

program should write them down and drop them into the question box at 

the conference reception desk in the lobby of Room 1C30. 

Moderator: 

Martin P. Dunn, Deputy Director, Division of Corporation Finance 

Panelists: 

Brian A. Bussey, Assistant Chief Counsel, Division of Market Regulation

Gerald J. Laporte, Chief, Office of Small Business Policy, Division of 

Corporation Finance 

Elizabeth G. Osterman, Assistant Chief Counsel, Division of Investment 

Management 

John D. Reynolds, Assistant Director, Division of Corporation Finance 

2:00 p.m. Breakout Group Meetings 

Participants will meet to formulate recommendations in the following 

breakout groups: 

• Smaller Public Companies Breakout Group(s)

• Venture Capital and Angel Investing Breakout Group(s) 

• Tax Breakout Group 

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3:30 p.m. Break 

3:45 p.m. Continuation of Breakout Group Meetings 

 

• Smaller Public Companies Breakout Group(s)

• Venture Capital and Angel Investing Breakout Group(s) 

• Tax Breakout Group

4:45 p.m. Final General Session 

Each breakout group will present its recommendations at this general 

session. Participants from the private sector will use hand-held electronic 

voting devices to accept, reject and prioritize the recommendations. 

6:00 p.m. Networking Cocktail Hour (at Hotel Monaco or other nearby location)

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