The roundtable will take place on May 5, starting at 10:00am at the SEC's Headquarters located at 100 F Street, N.E., in Washington, DC, and will be open to the public on a first-come first-served basis. The roundtable will also be webcast via a link on the SEC's website, http://www.sec.gov.
According to the SEC's press release, the roundtable's participants will include "leaders from self-regulatory organizations, trading venues, the financial services industry, investment firms, and the academic community." The format will be one in which the Chairman and Commissioners will question the panelists, and a members of the SEC staff will facilitate the discussions. Though a final agenda will be posted in the near future, the Commission has posted a preliminary agenda on their website:
Welcome from the ChairmanThe full text of the SEC press release announcing the roundtable, including a link to the preliminary agenda, is available at: http://www.sec.gov/news/press/2009/2009-88.htm
10:00 a.m. - 10:10 a.m.
10:10 a.m. - 11:20 a.m.
Market Changes and Investor Confidence; Are short sale price tests or short sale circuit breakers necessary or effective?
11:20 a.m. - 11:30 a.m.
11:30 a.m. - 12:45 p.m.
Bid versus Tick versus Circuit Breakers; Discussion of short sale price tests and views on short sale circuit breakers.
12: 45 p.m. - 1:45 p.m.
1:45 p.m. - 3:00 p.m.
Lessons and Insights from Empirical Data; Short sale price tests and short sale circuit breakers by the numbers.
3:00 p.m. - 3:15 p.m.