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|  |  | SEC Open Meeting AgendaWednesday, June 29, 2005, 10:00 a.m.
Agenda as of June 28, 2005. Note that Open Meeting agendas are subject to last-minute changes.

**Item 1:****Securities Offering Reform****Division:** Division of Corporation Finance**Staff:** Amy Starr, Daniel Horwood, Anne Nguyen**Item 2:****Use of Form S-8, Form 8-K, and Form 20-F by Shell Companies****Division:** Division of Corporation Finance**Staff:** Mauri Osheroff, Gerald Laporte, Kevin O'Neill**Item 3:****Commission Consideration of Matters Remanded by the U.S. Court of Appeals for the District of Columbia Circuit****Division:** Division of Investment Management**Staff:** Robert E. Plaze, Hunter Jones, Penelope SaltzmanItem 1:
The Commission will consider whether to adopt final rules that would modify and advance significantly the registration, communications, and 			offering processes under the Securities Act of 1933.  The rules would 			eliminate unnecessary and outmoded restrictions on offerings.  In addition, 		the rules would provide more timely investment information to investors 			without mandating inappropriate delays in the offering process.  The rules 			also continue our long-term efforts toward integrating disclosure and 			processes under the Securities Act and the Securities Exchange Act of 			1934.  The rules accomplish these goals by addressing communications 			related to registered securities offerings, delivery of information to investors, and procedural restrictions in the offering and capital formation process.

For further information, please contact Amy Starr, Daniel Horwood, or Anne Nguyen, Division of Corporation Finance, at (202) 551-3115 or, 			with regard to investment companies, Kieran Brown, Division of 				Investment Management, at (202) 551-6825.
 Item 2:
The Commission will consider whether to adopt final rules amending Form S-8, Form 8-K, and Form 20-F, as well as defining the term "shell 				company" and amending the definition of the term "succession."  The rules would address: (1) the use of Form S-8 by shell companies; and (2) the information required to be disclosed in a report on Form 8-K or Form 				20-F filed when a company becomes a shell company or ceases to be a 				shell company.  The rules are designed to assure that investors in shell 				companies that acquire operations or assets have access on a timely basis 				to the same kind of information as is available to investors in public 				companies with continuing operations.  

For further information, please contact Gerald J. Laporte, Chief, or Kevin M. O'Neill, Special Counsel, Office of Small Business Policy, Division of Corporation Finance, at (202) 551-3460.
 Item 3:
The Commission will consider the matters remanded to the Commission by the U.S. Court of Appeals for the District of Columbia Circuit on June 	21, 2005 in its decision in *Chamber of Commerce v. SEC* regarding the 	Commission's "Investment Company Governance" rules (69 FR 46378 	(Aug. 2, 2004)).  The remanded matters, as discussed more fully in the 	court's opinion (www.cadc.uscourts.gov), are (1) costs of complying with 	the 75% independent director condition and the independent chairman condition and (2) a disclosure alternative to the independent chairman condition.

For further information, please contact Penelope Saltzman, Division of Investment Management, at (202) 551-6792.

*http://www.sec.gov/news/openmeetings/agenda062905.htm*Home | Previous PageModified: 6/28/2005 |
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