15th Anniversary Capital Markets Conference to Explore Corporate Governance

September 22, 2003

Reform of oversight of the accounting profession and financial markets and other issues related to corporate governance and U.S. capital markets will be on the agenda for the 15th anniversary conference of the Capital Markets Research Center at Georgetown University on September 25 and 26.

The conference will begin with an executive policy seminar and dinner on Thursday, September 25, where Charles O. Rossotti, senior advisor at the Carlyle Group and former commissioner of the Internal Revenue service, will speak on "Institutional Governance Issues in the Public Sector: The IRS Saga."

Senator Richard C. Shelby (R-Alabama), chairman of the Senate Banking, Housing and Urban Affairs Committee will also speak on corporate governance when he delivers the keynote address at a conference luncheon on Friday, September 26. Major provisions of the Sarbanes-Oxley Act mandated reforms of the accounting profession and strengthened oversight of corporate audits originated in Senate Banking Committee a year ago. At the time, Shelby was the ranking Republican on the committee.

Prior to Friday's luncheon, a finance symposium will feature Abby Joseph Cohen, Managing director at Goldman, Sachs &Company; Robert R. Glauber, chairman and CEO, National Association of Securities Dealers; and Edward S. Knight, executive vice president and general counsel for the NASDAQ Stock Market, Inc.

Following the luncheon, an accounting symposium will feature Charles A. Bowsher, former comptroller general of the United States and head of the General Accounting Office; Harvey J. Goldschmid, commissioner of the Securities and Exchange Commission; and Charles D. Neimeier, a member of the Public Company Accounting Oversight Board, which now oversees the accounting profession.

All conference events will take place at the Historic George Town Club at 1530 Wisconsin Avenue, NW in Washington, D.C. More information on the conference can be found at msb.georgetown.edu/prog/cmrc/.

All conference events are open to the media. Reporters wishing credentials to attend must contact Jessica Botta in advance at (202) 687-4080 or at jab92@georgetown.edu.

About the Capital Markets Research Center
The Capital Markets Research Center is an academic entity within the Robert Emmett McDonough School of Business at Georgetown University dedicated to developing and disseminating research and policy analysis on domestic and global financial issues. Established in 1988, the Capital Markets Research Center pursues this mission by providing programs for the public and private sectors, as well as for scholars and students. The Center's programs focus on relationships among financial decision-making, disclosure and capital formation. For more information on the Center, visit msb.georgetown.edu/prog/cmrc/.